MiniMax M1 vs GLM 4.5V

MiniMax M1 at $0.632 in and $2.53 out and GLM 4.5V at $0.690 in and $2.07 out — per million tokens, from the same wallet.

MiniMax M1

MiniMax

0.52¢

for a client proposal

$0.632 in · $2.53 out / 1M

1M context · released June 2025

Full page →

GLM 4.5V

Z.ai

0.51¢

for a client proposal

$0.690 in · $2.07 out / 1M

66K context · released August 2025

Full page →

Asking all both at once — identical prompt, identical context — costs about 1¢ for a typical client proposal.

At a glance

Cheapest input: MiniMax M1 at $0.632 per million tokens.
Cheapest output: GLM 4.5V at $2.07 per million tokens.
Largest context: MiniMax M1 at 1M tokens — about 1,400 pages.

Cost per task

Estimated totals at the rates above. Solid bar is input, lighter bar is output.

Quick code fix

2K in · 500 out

MiniMax M1

0.25¢

GLM 4.5V

0.24¢

Draft a client proposal from notes

5K in · 800 out

MiniMax M1

0.52¢

GLM 4.5V

0.51¢

Context-heavy session (Alyph workspace)

155K in · 4K out

MiniMax M1

$0.11

GLM 4.5V

needs 155K ctx

Analyze a 50-page legal contract

35K in · 1K out

MiniMax M1

2.5¢

GLM 4.5V

2.6¢

Large architecture refactor

250K in · 3K out

MiniMax M1

$0.17

GLM 4.5V

needs 250K ctx

Solid part of each bar is input tokens, the lighter part is output. Models that don’t fit a task are marked instead of priced.

Cost vs Token Amount

Drag the slider to adjust the split between input and output workload.

80% Input20% Output

MiniMax M1

GLM 4.5V

Adjust the ratio slider to change how output tokens influence the final price for equivalent workloads.

Pricing

MiniMax M1

GLM 4.5V

Input / 1M tokens

$0.632

$0.690

Output / 1M tokens

$2.53

$2.07

Cached input / 1M

—

$0.127

Specs

MiniMax M1

GLM 4.5V

Provider

MiniMax

Z.ai

Released

June 2025

August 2025

Context window

66K

Max output

40K

16K

Input

Text

Text and Images

Output

Text

Reasoning

Shows its thinking

Knowledge cutoff

2024-06-30

2024-12-31

Try it with real numbers

2K tokens in · 500 tokens out.

MiniMax M1

MiniMax

0.25¢

for this task

50% input · 50% output

Full pricing →

GLM 4.5V

Z.ai

0.24¢

for this task

57% input · 43% output

Full pricing →

All 2, same prompt and context: 0.49¢. That is the entire cost of the comparison.

Your $5 welcome credit covers about 1,011 of these.

Which should you pick?

For long documents, MiniMax M1 has the largest context window here — 1M tokens.

On price, GLM 4.5V is the cheapest of the two on a typical task, at about 0.51¢.

For images or files, GLM 4.5V can read them directly; MiniMax M1 is text-only.

Or don’t pick. Send the identical prompt to all both, read the answers side by side, and keep the winner. How to run a fair bake-off →

MiniMax M1 pricing →GLM 4.5V pricing →Add Lyria 3 Clip Preview Add Grok 4.20

Questions, answered

Which is cheaper, MiniMax M1 or GLM 4.5V?

On a typical client proposal (5K tokens in, 800 out): GLM 4.5V at 0.51¢; MiniMax M1 at 0.52¢. Long prompts can change the order when long-context rates apply.

Which has the largest context window?

MiniMax M1 — 1M tokens, about 1,400 pages.

Can I run MiniMax M1 and GLM 4.5V side by side on Alyph?

Yes — that is what Alyph is built for: the identical prompt with identical context to all 2, answers rendered side by side, billed from one wallet. This exact combination costs about 1¢ for a typical task.

Ask both at once

Identical prompt, identical context, answers side by side — about 1¢ for a typical client proposal. Free to start, with $5 of credit.