Mistral API: models and pricing

Pick up to 3 models · pricing, context and capabilities · simulate your product cost

Data updated on November 14, 2026· 230 models

20 Mistral chat models available by API, newest first, with price per million tokens, context and capabilities. Data as of 11/14/2026.

The cheapest Mistral API model is Mistral Nemo ($0.029 input and $0.030 output per million tokens). The newest is Mistral Large 4. Prices range from $0.029 to $2.00 per million input tokens. Data as of 11/14/2026.

Input price range

$0.029 – $2.00

per million input tokens

Cheapest model

Mistral Nemo

$0.029 / $0.030

≈ $0.56/month in the example

Newest model

Mistral Large 4

$0.700 / $2.10

≈ $18.90/month in the example

Cached input

$0.070 −90 %

per million tokens on Mistral Large 4; 16 models with cache price

Prices are input / output in USD per million tokens. Example: 10,000 requests a month of 1,500 input + 400 output tokens.

Mistral vs other AI APIs: the cheapest of each

The cheapest recent model of each provider, next to Mistral Nemo.

ProviderModelInput $/1MOutput $/1M
MistralMistral Nemo$0.029$0.030
QwenQwen3.7 Flash$0.030$0.130Compare
DeepSeekDeepSeek V4.1 Flash 1017$0.038$0.500Compare
GoogleGemma 4 26B A4B $0.068$0.225Compare
OpenAIGPT-6 Luna Pro$0.100$0.500Compare
AnthropicClaude Haiku 5.5$0.100$0.500Compare
MoonshotKimi K3$0.192$16.00Compare
xAIGrok Build 0.1$1.00$2.00Compare
#ModelProviderInput $/1MOutput $/1MContextCapabilitiesReleased
1Mistral Large 4Mistral$0.700$2.101 M10/06/2026
2Mistral Medium 3.5Mistral$1.50$7.50262 K04/30/2026
3Mistral Small 4Mistral$0.150$0.600262 K03/16/2026
4Devstral 2 2512Mistral$0.400$2.00262 K12/09/2025
5Ministral 3 8B 2512Mistral$0.150$0.150262 K12/02/2025
6Ministral 3 3B 2512Mistral$0.100$0.100131 K12/02/2025
7Ministral 3 14B 2512Mistral$0.200$0.200262 K12/02/2025
8Mistral Medium 3.1Mistral$0.400$2.00131 K08/13/2025
9Codestral 2508Mistral$0.300$0.900256 K07/30/2025
10Voxtral Small 24B 2507Mistral$0.100$0.30033 K07/15/2025
11Mistral Small 3.2 24BMistral$0.100$0.300256 K06/20/2025
12Mistral Medium 3Mistral$0.400$2.00131 K05/07/2025
13Mistral Small 3.1 24BMistral$0.351$0.555128 K03/17/2025
14SabaMistral$0.200$0.60033 K02/17/2025
15Mistral Small 3Mistral$0.050$0.08033 K01/30/2025
16Mistral Large 2407Mistral$2.00$6.00131 K11/19/2024
17Mistral Large 3 2512Mistral$0.500$1.50262 K11/01/2024
18Mistral NemoMistral$0.029$0.030131 K07/18/2024
19Mixtral 8x22B InstructMistral$2.00$6.0066 K04/17/2024
20Mistral LargeMistral$2.00$6.00128 K02/26/2024

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Frequently asked questions

How much does the Mistral API cost?

It depends on the model: from $0.029 to $2.00 per million input tokens. The cheapest is Mistral Nemo ($0.029 / $0.030); the newest is Mistral Large 4 ($0.700 / $2.10). Data as of 11/14/2026.

Is the Mistral API free?

No: the Mistral API is pay-as-you-go, billed per million tokens. The cheapest model, Mistral Nemo, costs $0.029 per million input tokens and $0.030 per million output tokens, so light use costs cents. Any free credits depend on Mistral's own offer.

Does the Mistral API charge less for cached input?

Yes, on 16 of its 20 models. For example, Mistral Large 4 charges $0.070 per million cached input tokens instead of $0.700: 90% less. The cache applies when you resend the same beginning of a prompt, like a long system prompt or a document.

How much does the Mistral API cost per month?

For 10,000 requests a month of 1,500 input tokens and 400 output tokens: Mistral Nemo costs about $0.56 and Mistral Large 4 about $18.90. Each model's page has a calculator for your own numbers.

How many Mistral models are available by API?

20 chat models in the catalog, as of 11/14/2026. Each one has its own sheet with pricing, context and capabilities.

Where do the prices come from and how often are they updated?

From the public catalogs of OpenRouter, models.dev and LiteLLM, which publish each provider's list prices. They sync once a day and the last update date is shown above the comparison.

What does price per million tokens mean?

It is what the provider charges per million tokens you send (input) or the model generates (output). A token is roughly 4 characters. Output almost always costs more than input.

Sources: OpenRouter, models.dev and LiteLLM. Prices in USD per million tokens, list price, no volume discounts. Prompt tokens are an estimate; each provider's tokenizer may differ.