Which should you pick?
ElevenLabs Multilingual costs 8 credits (headline rate) and MiniMax Speech costs 2 credits (headline rate). One of the two does not publish what a full job costs, only a headline rate, so these two figures are not a like-for-like price comparison.
ElevenLabs Multilingual holds the stronger leaderboard position (#14 in text to audio against #15 in text to audio). Those are two different leaderboards unless the category matches — Versely ranks each capability separately.
What a job costs
ElevenLabs Multilingual
8 credits (headline rate)
It bills per 1,000 characters of input text.
- per 1,000 characters8 credits
MiniMax Speech
2 credits (headline rate)
It bills per 1,000 characters of input text.
- per 1,000 characters2 credits
All figures are Versely credits. Your plan's credit allowance is on the pricing page.
Spec comparison
| Spec | ElevenLabs Multilingual | MiniMax Speech |
|---|---|---|
| Provider | KIE | MiniMax |
| Cost per job | 8 credits (headline rate) | 2 credits (headline rate) |
| Billing | per 1,000 characters of input text | per 1,000 characters of input text |
| Max resolution | — | — |
| Aspect ratios | — | — |
| Durations | — | 5s, 10s, 30s, 60s |
| Frame rates | — | — |
| Qualities | — | — |
| Requires starting image | No | No |
| Accepts video input | No | No |
| Reference images | — | — |
| Leaderboard | #14 in text to audio | #15 in text to audio |
| Released | Mar 14, 2024 | Apr 1, 2025 |
What each one does that the other doesn't
Only ElevenLabs Multilingual
multilingual, expressive
Only MiniMax Speech
text to speech, natural, clear
Both list: text to audio.
Leaderboard positions
Versely ranks each capability on its own leaderboard, so a position is only comparable between two models within the same row.
ElevenLabs Multilingual
- Text to audio#14
MiniMax Speech
- Text to audio#15
Full ElevenLabs Multilingual spec sheet →
Multilingual text-to-speech powered by ElevenLabs Multilingual v2.
Full MiniMax Speech spec sheet →
MiniMax's text-to-speech engine — clear multilingual delivery backed by one of the largest named-voice rosters in the catalog, so you can cast a specific voice rather than settle for a generic one.
More comparisons
Frequently asked questions
Which is cheaper, ElevenLabs Multilingual or MiniMax Speech?+
They are not directly comparable on price: ElevenLabs Multilingual costs 8 credits (headline rate) and MiniMax Speech costs 2 credits (headline rate), and one of those is a headline rate rather than the cost of a complete job.
What can ElevenLabs Multilingual do that MiniMax Speech can't, or vice versa?+
Only ElevenLabs Multilingual lists multilingual, expressive. Only MiniMax Speech lists text to speech, natural, clear. Both list text to audio.
How do ElevenLabs Multilingual and MiniMax Speech bill?+
ElevenLabs Multilingual bills per 1,000 characters of input text. MiniMax Speech bills per 1,000 characters of input text. Both are charged in Versely credits.
Which ranks higher, ElevenLabs Multilingual or MiniMax Speech?+
ElevenLabs Multilingual sits at #14 in text to audio and MiniMax Speech at #15 in text to audio on Versely's live model rankings. Versely ranks each capability on its own leaderboard, so those positions are only a direct comparison when the category is the same.
Try both inside Versely
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