Mistral API Pricing
We track 5 Mistral models. The cheapest is Mistral Small 4 at $0.15/MTok input and $0.60/MTok output, and the most expensive is Mistral Medium 3.5 at $1.50/MTok input and $7.50/MTok output.
Batch processing is supported on 5 of 5 Mistral models, with a discount of 50% off list price.
The largest context window is 1M tokens, on Mistral Large 4.
Prices checked 5 Nov 2026 against Mistral AI’s pricing page ↗
- Current models
- 3 + 2 legacy
- Cheapest current input
- $0.15 /MTok
- Largest context
- 1M tokens
- Batch discount
- 50%
Model prices
| Model | Tier | Input | Output | Cached in | Batch in / out | Context | Details |
|---|---|---|---|---|---|---|---|
| Mistral Large 4 | Flagship | $0.70 | $2.10 | $0.070 | $0.35 / $1.05 | 1M | Details for Mistral Large 4 |
Newest Mistral Large, a public preview since Oct 6, 2026, when it launched with a two-week 50%-off launch discount. General-purpose multimodal Mixture-of-Experts model with a 1M context window; Mistral says open weights are coming soon. Cached input $0.07. | |||||||
| Mistral Small 4 | Mid-tier | $0.15 | $0.60 | — | $0.075 / $0.30 | 256K | Details for Mistral Small 4 |
Latest small generation (v26.03). 256K context. | |||||||
| Codestral | Mid-tier | $0.30 | $0.90 | — | $0.15 / $0.45 | 128K | Details for Codestral |
Specialized for code generation (codestral-2508). Price cut in May 2026. 128K context. Mistral's only dedicated coding model since Devstral 2 retired on Jul 31, 2026. | |||||||
| Legacy models (2) | |||||||
| Mistral Large 3 Legacy | Flagship | $0.50 | $1.50 | — | $0.25 / $0.75 | 256K | Details for Mistral Large 3 |
675B open-weight MoE, Mistral's flagship until Mistral Large 4 arrived in public preview on Oct 6, 2026. Context expanded from 32K to 256K. Deprecated Oct 31, 2026: API retires on Apr 30, 2027, with Mistral Large 4 as Mistral's named alternative. | |||||||
| Mistral Medium 3.5 Legacy | Flagship | $1.50 | $7.50 | — | $0.75 / $3.75 | 256K | Details for Mistral Medium 3.5 |
Frontier-class multimodal model for agentic and coding work (v26.04). Open weights under a modified MIT licence. Deprecated Oct 31, 2026: API retires on Apr 30, 2027, with Mistral Large 4 as Mistral's named alternative. | |||||||
No models match those filters
What would Mistral cost you?
Preset to Mistral AI’s current models. Adjust to your usage.
- 1Mistral Small 4 $0.0005 per request$23.25
- 2Codestral $0.0008 per request$40.50
- 3Mistral Large 4 $0.0019 per request$94.50
50,000 requests × (1,500 in + 400 out). List prices; excludes tax and cache-write fees.
Price history
Input price of the cheapest Mistral model in each tier, month by month, among the models on today’s price list.
View as a table
| Month | Flagship | Mid-tier |
|---|---|---|
| Feb 2026 | $0.60 | $0.15 |
| Mar 2026 | $0.50 | $0.15 |
| Apr 2026 | $0.50 | $0.15 |
| May 2026 | $0.50 | $0.10 |
| Jun 2026 | $0.50 | $0.10 |
| Jul 2026 | $0.50 | $0.15 |
| Aug 2026 | $0.50 | $0.15 |
| Sep 2026 | $0.50 | $0.15 |
| Oct 2026 | $0.50 | $0.15 |
| Nov 2026 | $0.50 | $0.15 |
Launches and price changes
- Mistral Large: input -17%, output -17%▼ Price cut
- Mistral: Codestral $0.4/$2→$0.3/$0.9, Mistral Small 4 $0.15/$0.6→$0.1/$0.3; Large 3 context to 256K▼ Price cut
- Mistral adds Medium 3.5 ($1.50/$7.50) and Magistral Medium 1.2 reasoning model ($2/$5)Launch
- Mistral Small 4 is $0.15/$0.60 per MTok with a 256K-token context window, not $0.10/$0.30 and 128K as we listed (our listing was wrong).Correction
- Magistral Medium 1.2 has a 128K-token context window (our listing was wrong).Correction
- Mistral adds Devstral 2, an open-weight agentic coding model at $0.40/$2.00 (256K context), alongside the Mistral Vibe CLILaunch
- Codestral's context window is 128K, not 256K (our listing was wrong).Correction
- Mistral launches Mistral Large 4 in public preview, a multimodal model with a 1M context window, at a $1.36/$4.18 list price after a two-week launch discountLaunch
- Mistral now lists Mistral Large 4 at $0.70/$2.10 (from $1.36/$4.18), with cached input at $0.07▼ Price cut
Mistral pricing FAQ
What is the cheapest Mistral model?
Mistral Small 4 is the cheapest current Mistral model, at $0.15 per million input tokens and $0.60 per million output tokens, or $0.075 / $0.30 with the 50% batch discount.
Which Mistral model should I use?
Pick the tier that fits the job, then the cheapest model in it. For the hardest work, flagship models: Mistral Large 4 ($0.70 / $2.10). For everyday work, mid-tier models: Mistral Small 4 and Codestral (from $0.15 / $0.60 for Mistral Small 4). Prices are input / output per million tokens. Tiers group models by capability, not price, so price your own workload in the calculator on this page.
Does Mistral offer batch or caching discounts?
Batch: 50% off input and output on all 3 current models, so Mistral Small 4 drops from $0.15 / $0.60 to $0.075 / $0.30 per million tokens. Prompt caching: reading cached input costs 10% of the input price on 1 of 3 current models; Mistral Large 4's $0.70 input falls to $0.070 per million tokens when read from the cache.
What context window do Mistral models have?
The largest is 1M tokens on Mistral Large 4, then 256K tokens on Mistral Small 4 and 128K tokens on Codestral. A request's prompt and its output together must fit in the window.
What does the Mistral API cost per person each month?
It depends on how much each person uses it. At list prices, an occasional user (3 short requests a working day) costs about $0.017 a month on Mistral Small 4, and a daily power user (40 longer requests a day) about $1.58 on Mistral Small 4. The cost-per-seat calculator works it out for a whole team.
How often do Mistral API prices change?
We check Mistral AI's pricing page every day, and last re-verified every price on 5 Nov 2026. Since Feb 2026 we have recorded 3 price cuts and no price rises on Mistral models, the latest on 30 Oct 2026, plus 3 launches. The price history chart on this page shows how each tier has moved.