Mistral AI API Pricing

European-built AI models with competitive pricing โ€” Mistral Large 3 and Mistral Small 4

2
Models
$0.10โ€“$3
per 1M tokens
32Kโ€“128K
Context window
Apr 2026
Pricing Verified
Model Input (per 1M tokens) Output (per 1M tokens) Context Window Tier
Mistral Large 3 $0.50 $1.50 128K Budget
Mistral Small 4 $0.15 $0.60 128K Budget

Why Mistral?

European-built AI models designed for cost-conscious developers who need reliable performance.

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European Data Sovereignty

Mistral is headquartered in Paris and stores data in Europe. Ideal for GDPR-sensitive workloads and EU-based companies that need to comply with strict data residency requirements.

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Open-Source Heritage

Mistral releases open-weight models alongside their API, giving you the flexibility to self-host or switch providers. No vendor lock-in โ€” deploy on your own infrastructure if needed.

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Competitive Pricing

Mistral Large 3 at $0.50/$1.50 per 1M tokens is now one of the cheapest mid-capable models available. Mistral Small 4 at $0.15/$0.60 competes with DeepSeek V4 Flash and GPT-4o mini.

Which Mistral Model Should You Use?

Mistral offers two tiers designed for different workloads.

Mistral Large 3

$2.00 input / $6.00 output per 1M tokens
  • 128K context window
  • Strong reasoning and code generation
  • Complex multi-step tasks
  • Document analysis and summarization
  • Multilingual support
Best for: Production workloads that require high accuracy and long context. Ideal replacement for GPT-4o when cost is a priority.

Mistral Small 4

$0.10 input / $0.30 output per 1M tokens
  • 32K context window
  • Fast and lightweight
  • Excellent for simple classification tasks
  • Cost-effective at scale
  • Great for chatbots and short responses
Best for: High-volume, low-complexity tasks like classification, sentiment analysis, and simple Q&A. One of the cheapest options on the market.

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Based on published API pricing. Actual costs may vary.

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Mistral vs Competitors

How Mistral pricing stacks up against other major LLM providers.

Provider Model Input (per 1M tokens) Output (per 1M tokens) Context Window
Mistral Large $2.00 $6.00 128K
OpenAI GPT-4o $2.50 $10.00 128K
Anthropic Claude Sonnet 4 $3.00 $15.00 200K
Google Gemini 2.5 Pro $1.25 $10.00 1M
Mistral Small $0.10 $0.30 32K
OpenAI GPT-4o mini $0.15 $0.60 128K
Google Gemini 2.0 Flash $0.10 $0.40 1M
Anthropic Claude Haiku 4.5 $0.80 $4.00 200K
Compare Mistral Models Side-by-Side

See how Mistral models stack up against OpenAI, Anthropic, and more

Related Reading

Deep dives into Mistral pricing and how it compares to other providers.

Mistral vs GPT-4o: Can the European Challenger Beat OpenAI on Price?

A pricing and capability comparison between Mistral Large 3/Small and GPT-4o/GPT-4o mini for cost-conscious developers. Includes real-world cost breakdowns for chatbots, code generation, and document analysis.

Read the full comparison →

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