ChatGPT-4o Latest vs GPT-5.1 Thinking

    Comparison

    As of August 25, 2026, GPT-5.1 Thinking is 10% cheaper per million tokens than ChatGPT-4o Latest. ChatGPT-4o Latest is $2.50 / $10.00 per million input/output tokens versus GPT-5.1 Thinking at $1.25 / $10.00. Source: https://developers.openai.com/api/docs/pricing

    Source: OpenAI API pricing (https://developers.openai.com/api/docs/pricing)

    ChatGPT-4o Latest

    OpenAI

    $12.50blended / 1M

    Input

    $2.50

    Output

    $10.00

    128K ctx|Proprietary
    10%
    cheaper
    Better value

    GPT-5.1 Thinking

    OpenAI

    $11.25blended / 1M

    Input

    $1.25

    Output

    $10.00

    400K ctx|Proprietary
    Save $1.25 per million tokens by choosing GPT-5.1 Thinking over ChatGPT-4o Latest.

    ChatGPT-4o Latest vs GPT-5.1 Thinking comparison

    Token pricing, specs, and benchmarks side by side

    Shared benchmarks

    Each bar is share of the current leader on that eval. Click a row to open the board.

    ChatGPT-4o LatestGPT-5.1 Thinking

    Score vs price

    GPQA. Left is cheaper. Up is a higher score. The line is the best score you can buy at each price.

    Best score at each priceChatGPT-4o LatestGPT-5.1 Thinking
    Metric
    ChatGPT-4o Latest
    GPT-5.1 Thinking
    Provider
    Provider
    OpenAI
    OpenAI
    License
    Proprietary
    Proprietary
    Release Date
    2024-05-13
    2025-11-12
    Pricing (per 1M tokens)
    Input Price+100%
    $2.50
    $1.25
    Output Price0%
    $10.00
    $10.00
    Blended (1M + 1M)
    $12.50
    $11.25
    Model Details
    Context Window
    128K
    400K
    Max Output Tokens
    16.4K
    128K
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    132 tok/s
    80 tok/s
    Benchmark Wins
    ChatGPT-4o Latest 0|1 GPT-5.1 Thinking

    Verdict

    ChatGPT-4o Latest vs GPT-5.1 Thinking: the bottom line

    GPT-5.1 Thinking offers both lower pricing and stronger benchmark performance across the board, making it the clear value leader in this comparison.

    ChatGPT-4o Latest vs GPT-5.1 Thinking FAQ

    Which is cheaper, ChatGPT-4o Latest or GPT-5.1 Thinking?

    As of August 25, 2026, GPT-5.1 Thinking is 10% cheaper on blended LLM API pricing. GPT-5.1 Thinking costs $1.25 per million input tokens and $10.00 per million output tokens ($11.25 blended 1M-in + 1M-out). ChatGPT-4o Latest costs $2.50 / $10.00 per million tokens ($12.50 blended). Sources: https://developers.openai.com/api/docs/pricing and https://developers.openai.com/api/docs/pricing. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does ChatGPT-4o Latest vs GPT-5.1 Thinking cost per million tokens?

    ChatGPT-4o Latest OpenAI API pricing is $2.50 input and $10.00 output per million tokens via OpenAI. GPT-5.1 Thinking OpenAI API pricing is $1.25 input and $10.00 output per million tokens via OpenAI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, ChatGPT-4o Latest or GPT-5.1 Thinking?

    GPT-5.1 Thinking has a published SWE-bench Verified score of 76.3%. ChatGPT-4o Latest does not have that eval on this page yet.

    What is the context window for ChatGPT-4o Latest vs GPT-5.1 Thinking?

    ChatGPT-4o Latest supports a 128K token context window, while GPT-5.1 Thinking supports 400K tokens. GPT-5.1 Thinking offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, ChatGPT-4o Latest or GPT-5.1 Thinking?

    GPT-5.1 Thinking leads on 1 of 1 shared benchmarks versus ChatGPT-4o Latest's 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is ChatGPT-4o Latest or GPT-5.1 Thinking better for production use?

    Both ChatGPT-4o Latest and GPT-5.1 Thinking are production API models. For cost-sensitive production traffic, GPT-5.1 Thinking has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between ChatGPT-4o Latest and GPT-5.1 Thinking in my app?

    Yes. Call ChatGPT-4o Latest through OpenAI and GPT-5.1 Thinking through OpenAI with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this ChatGPT-4o Latest vs GPT-5.1 Thinking pricing data?

    List rates are the latest published OpenAI API pricing and OpenAI API pricing, quoted per million tokens. Official rate sheets: https://developers.openai.com/api/docs/pricing and https://developers.openai.com/api/docs/pricing. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for ChatGPT-4o Latest and GPT-5.1 Thinking?

    ChatGPT-4o Latest supports up to 16K output tokens per request, while GPT-5.1 Thinking supports up to 128K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, ChatGPT-4o Latest or GPT-5.1 Thinking?

    ChatGPT-4o Latest runs at approximately 132 tokens/second while GPT-5.1 Thinking runs at 80 tokens/second. ChatGPT-4o Latest is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this ChatGPT-4o Latest vs GPT-5.1 Thinking comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open ChatGPT-4o Latest or GPT-5.1 Thinking from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    ChatGPT-4o Latest vs GPT-5.1 Thinking pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. ChatGPT-4o Latest costs $2.50/M input and $10.00/M output. GPT-5.1 Thinking costs $1.25/M input and $10.00/M output.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

    The index

    All Large Language Models

    280 models across 33 providers. Search or jump to a lab — every model page stays linked here.

    Baidu

    1 models

    Inception

    1 models

    inclusionAI

    1 models

    LG AI Research

    1 models

    Nous Research

    1 models

    Sakana AI

    1 models

    StepFun

    1 models

    Tencent

    1 models

    Thinking Machines

    1 models

    Unisound

    1 models

    Upstage

    1 models

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