Kimi Latest vs Minimax M3.1 Flash: cost comparison
Prices updated 2026-11-01 · computed from live provider data
Short answer: Minimax M3.1 Flash is cheaper on a
3:1 input/output blend — $0.263 per million tokens versus
$1.90, a 86% difference.
Both offer the same 1,048,576-token context window, so cost is the deciding factor.
Head to head
| Kimi Latest | Minimax M3.1 Flash | |
|---|---|---|
| Input, per 1M tokens | $0.149 | $0.150 |
| Output, per 1M tokens | $7.15 | $0.600 |
| Blended 3:1, per 1M | $1.90 | $0.263 |
| Context window | 1,048,576 | 1,048,576 |
| Vendor | moonshotai | minimax |
Monthly cost at real volumes
| Workload (input / output) | Kimi Latest | Minimax M3.1 Flash |
|---|---|---|
| 1M in / 250K out | $1.94 | $0.300 |
| 10M in / 2.5M out | $19.37 | $3.00 |
| 100M in / 25M out | $194 | $30.00 |
Which should you pick?
Because the context windows are identical, the cheaper option is the better default. Choose Minimax M3.1 Flash unless you are already standardised on ~moonshotai tooling and want to avoid a second integration.