Text Embedding 3 (Small) is 99% cheaper than OpenAI o1-mini on blended 3:1 token pricing. Text Embedding 3 (Small) costs $0.02/1M in and $0.00/1M out, while OpenAI o1-mini costs $1.10/1M in and $4.40/1M out.
Text Embedding 3 (Small) vs OpenAI o1-mini
Compare verified input/output token rates, prompt caching discounts, latency tiers, and context limits between OpenAI and OpenAI.
| Metric / Feature | Text Embedding 3 (Small) (OpenAI) | OpenAI o1-mini (OpenAI) |
|---|---|---|
| Input Price ($ / 1M Tokens) | $0.02 | $1.10 |
| Output Price ($ / 1M Tokens) | $0.00 | $4.40 |
| Prompt Caching Input Rate | Not Available | $0.550/1M |
| Blended 3:1 Rate (Production) | $0.015 / 1M | $1.925 / 1M |
| Max Context Window | 8k | 128k |
| Multimodal Vision | ❌ Text Only | ❌ Text Only |
| MMLU Benchmark | N/A | 85.2% |
| Throughput & Latency | Ultra-Fast | Fast Reasoning (~55 t/s) |
| Best For | Vector search, semantic clustering, RAG index creation | STEM problem solving, code generation, algorithmic optimization |
When to Choose Text Embedding 3 (Small)
Choose Text Embedding 3 (Small) if your workload requires vector search, semantic clustering, rag index creation. Ideal for teams needing OpenAI's infrastructure and ecosystem tooling.
When to Choose OpenAI o1-mini
Choose OpenAI o1-mini if your primary objective is stem problem solving, code generation, algorithmic optimization. Ideal for scaling high-throughput pipelines with OpenAI.
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