ZMIME
Comparison · 2 models · Updated Oct 4, 2026

Claude Haiku 4.5 vs MiniMax-M2

Too close to call on our weighted score (MiniMax-M2 48, Claude Haiku 4.5 48). The right pick depends on what you value most.

  1. Anthropic

    Claude Haiku 4.5

    Released Oct 15, 2025

    48/100
    • ECI142.4
    • Price$1.00 / $5.00
    • Context200K
  2. MiniMax

    MiniMax-M2

    Released Oct 27, 2025

    48/100
    • ECI—
    • Price$0.30 / $1.20
    • Context205K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Too close to call

It is close. Our weighted score puts them within a point (MiniMax-M2 48/100, Claude Haiku 4.5 48/100), so choose by what matters most for your work: MiniMax-M2 on price and MiniMax-M2 for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceMiniMax-M2MiniMax-M2 $0.525 · Claude Haiku 4.5 $2.00 per 1M tokens (3:1 blend)
  • Longest contextMiniMax-M2MiniMax-M2 204,800 · Claude Haiku 4.5 200,000 tokens
  • Widest inputsClaude Haiku 4.5Claude Haiku 4.5: Text, Images, PDFs · MiniMax-M2: Text
  • Self-hostingMiniMax-M2Publishes downloadable weights
How the score is built
MeasureWeightClaude Haiku 4.5MiniMax-M2
Price50%3663
Inputs & features30%8035
Context window20%3232
Overall100%48/10048/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Claude Haiku 4.5 vs MiniMax-M2 specifications side by side
SpecificationClaude Haiku 4.5AnthropicMiniMax-M2MiniMax
Capability
Capabilities Index (ECI)142.4—
ECI rank#90 of 148—
GPQA DiamondGraduate-level science questions71.2%—
OTIS Mock AIME 2024–2025Competition mathematics66.7%—
SimpleQA VerifiedShort factual questions13.2%—
Price per million tokens
Input$1.00$0.30 (best)
Output$5.00$1.20 (best)
Cached input$0.10—
Blended (3:1)$2.00$0.525 (best)
Long-context rateSame rateSame rate
Price sourceOfficial Anthropic APIOfficial MiniMax (minimax.io) API
Limits
Context window200,000 tokens204,800 tokens (best)
Max output64,000 tokens131,072 tokens (best)
Inputs and features
TextYesYes
ImagesYesNo
PDFsYesNo
AudioNoNo
VideoNoNo
ReasoningYesYes
Tool callingYesYes
Structured outputYesNo
Availability
WeightsProprietaryOpen
API model IDclaude-haiku-4-5MiniMax-M2
API providers34 (best)13
ReleasedOct 15, 2025Oct 27, 2025
Knowledge cutoffFeb 28, 2025—
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Claude Haiku 4.5$20.00
  • MiniMax-M2$5.40
04 — Questions

Which should you choose?

Which is better: Claude Haiku 4.5 or MiniMax-M2?

It is close. Our weighted score puts them within a point (MiniMax-M2 48/100, Claude Haiku 4.5 48/100), so choose by what matters most for your work: MiniMax-M2 on price and MiniMax-M2 for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Claude Haiku 4.5 or MiniMax-M2?

MiniMax-M2 is cheaper at $0.30 input / $1.20 output per million tokens (official MiniMax (minimax.io) API price). Claude Haiku 4.5 costs $1.00 input / $5.00 output per million tokens (official Anthropic API price). At a typical mix of three input tokens to one output token, that is $0.525 per million tokens for MiniMax-M2 versus $2.00 for Claude Haiku 4.5 (3.8× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Claude Haiku 4.5 has an ECI of 142.4 and MiniMax-M2 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Claude Haiku 4.5 and MiniMax-M2 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

MiniMax-M2 has the largest context window at 204,800 tokens, against 200,000 for Claude Haiku 4.5. Maximum output per response: Claude Haiku 4.5 up to 64,000, MiniMax-M2 up to 131,072 tokens.

Which can read images, PDFs, audio or video?

Claude Haiku 4.5 accepts text, images and PDFs; MiniMax-M2 accepts text. Claude Haiku 4.5 handles the widest range of inputs.

Are any of these open source?

MiniMax-M2 publishes its weights and can be self-hosted; Claude Haiku 4.5 is proprietary.

Which is newer?

MiniMax-M2 is the newest, released Oct 27, 2025. Claude Haiku 4.5 came out Oct 15, 2025. Knowledge cutoff: Claude Haiku 4.5 Feb 28, 2025.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.