Mistral AI API Pricing

European-built AI models — 7 established models plus the Large 4 public preview

Mistral Large 4: usable API, weights pending

Checked October 7, 2026: mistral-large-4 is a public-preview API with 1M context and native text/image input. Current input/cached-input/output rates are $0.68/$0.07/$2.09 per 1M tokens; displayed list rates are $1.36/$0.14/$4.18. Mistral describes a 50% launch discount for two weeks, not permanent pricing. Downloadable weights are announced for the end of October, not yet available.

Official active-parameter figures remain inconsistent: the launch announcement says 49B, while both live documentation routes returned 52B on October 7. No local hardware requirement is inferred. See the model card, launch pricing changelog and model/specs reference.

8
Models
$0.10–$7.50
per 1M tokens
128K–1M
Context window
Jul 2026
Pricing Verified
Model Input (per 1M tokens) Output (per 1M tokens) Context Window Tier
General Purpose
Mistral Large 4 (public preview) $0.68 $2.09 1M Introductory; weights pending
Mistral Medium 3.5 $1.50 $7.50 128K Mid
Mistral Large 3 $0.50 $1.50 262K Budget
Mistral Small 4 $0.15 $0.60 128K Budget
Reasoning (Magistral)
Magistral Medium RETIRED $2.00 $5.00 256K Mid
Magistral Small RETIRED $0.50 $1.50 256K Budget
Coding (Devstral)
Devstral 2 RETIRED $0.40 $2.00 128K Budget
Devstral Small 2 RETIRED $0.10 $0.30 128K Budget
Codestral $0.30 $0.90 256K Mid
Edge (Ministral)
Ministral 3 14B $0.20 $0.20 128K Budget
Ministral 3 8B $0.15 $0.15 128K Budget
Ministral 3 3B $0.10 $0.10 128K Budget

Why Mistral?

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

🇪🇺

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 — deploy on your own infrastructure if needed.

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Competitive Pricing

Established options include Large 3 at $0.50/$1.50 and Ministral 3 3B at $0.10/$0.10 per 1M tokens. Large 4 adds a public-preview flagship option with separate introductory and list rates. Retired Devstral and Magistral API rates are historical, not currently purchasable endpoints.

Which Mistral Model Should You Use?

Mistral offers four model families for different workloads.

🧠 Magistral (Reasoning)

$0.50–$2.00 input / $1.50–$5.00 output per 1M tokens
  • 256K context window
  • Specialized for complex reasoning
  • Math, coding, and logic tasks
  • Open-weight under Apache 2.0
Best for: Multi-step reasoning, mathematical proofs, and complex problem-solving. Magistral Small at $0.50/$1.50 is the budget option; Medium at $2.00/$5.00 for harder problems.

💻 Devstral (Coding)

$0.10–$0.40 input / $0.30–$2.00 output per 1M tokens
  • 128K–256K context window
  • Code generation and software engineering
  • Devstral Small 2 is cheapest coding model
  • Codestral for code-specific tasks

Established options include Large 3 at $0.50/$1.50 and Ministral 3 3B at $0.10/$0.10 per 1M tokens. Large 4 adds a public-preview flagship option with separate introductory and list rates. Retired Devstral and Magistral API rates are historical, not currently purchasable endpoints.

⚡ Mistral General Purpose

$0.15–$1.50 input / $0.60–$7.50 output per 1M tokens
  • 128K–1M context, depending on model
  • Large 4 preview, Large 3, Medium 3.5, Small 4
  • Multilingual and multimodal
  • Open-weight models available
Best for: General chat, summarization, and document analysis. Large 3 at $0.50/$1.50 is the best value mid-tier model.

📱 Ministral (Edge)

$0.10–$0.20 input / $0.10–$0.20 output per 1M tokens
  • 128K context window
  • 3B, 8B, and 14B parameter sizes
  • Optimized for on-device deployment
  • Low latency and cost
Best for: Edge and on-device inference, mobile apps, and latency-sensitive workloads. Ministral 3 8B at $0.15/$0.15 is the sweet spot.

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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 $0.50 $1.50 128K
OpenAI GPT-4o $2.50 $10.00 128K
Anthropic Claude Sonnet 4.6 $3.00 $15.00 200K
Google Gemini 2.5 Pro $1.25 $10.00 1M
Mistral Small $0.15 $0.60 128K
OpenAI GPT-4o mini $0.15 $0.60 128K
Google Gemini 2.5 Flash-Lite $0.10 $0.40 1M
Anthropic Claude Haiku 4.5 $0.80 $4.00 200K
Compare Mistral Models Side-by-Side

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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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Pricing data last verified: Oct 14, 2026

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