Mistral API pricing
Mistral’s European lineup is led by Mistral Large 4 (public preview, 1M-token context), the named replacement for Medium 3.5 and Large 3, which Mistral deprecated on 2026-10-31 and retires on 2027-04-30. Below it sit Small 4 and the even cheaper Ministral 3 models, with 256K-token context windows and discounted cached input; a 50%-off batch mode applies.
8 models below, cheapest on a blended average is Ministral 3 3B at $0.10 /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 | Legacy | 256K | $1.50 | $7.50 | $0.15 | $0.75 |
| Magistral Medium | Reasoning | Legacy | — | $2.00 | $5.00 | — | $1.00 |
| Mistral Large 3 | Mid-range | Legacy | 256K | $0.50 | $1.50 | $0.05 | $0.25 |
| Mistral Large 4preview | Mid-range | Preview | 1M | $0.70 | $2.10 | $0.07 | $0.35 |
| Ministral 3 3B | Budget | GA | 256K | $0.10 | $0.10 | $0.01 | $0.05 |
| Ministral 3 8B | Budget | GA | 256K | $0.15 | $0.15 | $0.015 | $0.075 |
| Ministral 3 14B | Budget | GA | 256K | $0.20 | $0.20 | $0.02 | $0.10 |
| Mistral Small 4 | Budget | GA | 256K | $0.15 | $0.60 | $0.015 | $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 2026-11-02.
Source: https://docs.mistral.ai/inference/pricing