Mistral API pricing
Mistral’s European lineup runs from the flagship Medium to the very cheap Small, plus the Magistral reasoning model. Context windows and cache pricing are not published on the API pricing page, and a 50%-off batch mode applies.
4 models below, cheapest on a blended average is Mistral Small 4 at $0.375 /1M. Official pricing: https://mistral.ai/pricing/api.
| Model | Tier | Status | Context | Input /1M | Output /1M | Cached /1M | Batch in /1M |
|---|---|---|---|---|---|---|---|
| Mistral Medium 3.5 | Flagship | GA | — | $1.50 | $7.50 | — | $0.75 |
| Magistral Medium | Reasoning | GA | — | $2.00 | $5.00 | — | $1.00 |
| Mistral Large 3 | Mid-range | GA | — | $0.50 | $1.50 | — | $0.25 |
| Mistral Small 4 | Budget | GA | — | $0.15 | $0.60 | — | $0.075 |
List prices, USD, directional. Rates are provider list prices per 1M tokens and are meant for comparison, not billing. Batch rates shown as 50% off are derived where a provider offers batch but does not publish a separate figure. Preview, promo, intro, peak/off-peak, long-context, and third-party-host prices are labeled where they apply. Token counts vary by tokenizer, so per-token price is not always a like-for-like cost. Always confirm with the provider before relying on a number. Prices as of 2026-08-03.
Source: https://mistral.ai/pricing/api