Mistral AI API Pricing 2026 — Current Per-Token Costs
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How much does Mistral AI cost? The current flagship, Mistral Large 3, is $0.50 input / $0.05 cached input / $1.50 output per 1M tokens. Mistral Small 4 is $0.15 / $0.60, and Codestral is $0.30 / $0.90. The table below is generated from the same daily dataset used by our API and calculators.
How much does each Mistral model cost per million tokens?
| Try it | |||||||
|---|---|---|---|---|---|---|---|
Mistral Large 3 | Mistral | High | - | $0.50 | $0.05 | $1.50 | Try API → |
Mistral Medium 3.5 | Mistral | Mid | - | $1.50 | $0.15 | $7.50 | Try API → |
Ministral 3 3B | Mistral | Low | - | $0.10 | $0.01 | $0.10 | Try API → |
Ministral 3 8B | Mistral | Low | - | $0.15 | $0.015 | $0.15 | Try API → |
Mistral Small 4 | Mistral | Low | - | $0.15 | $0.015 | $0.60 | Try API → |
Ministral 3 14B | Mistral | Low | - | $0.20 | $0.02 | $0.20 | Try API → |
Codestral | Mistral | Low | - | $0.30 | $0.03 | $0.90 | Try API → |
- Mistral Large 3MistralHigh
- Input
- $0.50
- Cached
- $0.05
- Output
- $1.50
- Mistral Medium 3.5MistralMid
- Input
- $1.50
- Cached
- $0.15
- Output
- $7.50
- Ministral 3 3BMistralLow
- Input
- $0.10
- Cached
- $0.01
- Output
- $0.10
- Ministral 3 8BMistralLow
- Input
- $0.15
- Cached
- $0.015
- Output
- $0.15
- Mistral Small 4MistralLow
- Input
- $0.15
- Cached
- $0.015
- Output
- $0.60
- Ministral 3 14BMistralLow
- Input
- $0.20
- Cached
- $0.02
- Output
- $0.20
- CodestralMistralLow
- Input
- $0.30
- Cached
- $0.03
- Output
- $0.90
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Key facts about Mistral AI pricing
- Mistral Large 3 is the current flagship at $0.50 / $1.50 per 1M input/output tokens, plus $0.05 cached input.
- Mistral Small 4 is $0.15 / $0.60 per 1M input/output tokens.
- Codestral code-specialist at $0.30 / $0.90 per 1M tokens with fill-in-the-middle support.
- Ministral 3 3B is $0.10 / $0.10 per 1M input/output tokens, plus $0.01 cached input.
- Mixtral 8x22B sparse mixture-of-experts model at $2.00 / $6.00 per 1M tokens.
- Pixtral Large multimodal flagship at $2.00 / $6.00 per 1M tokens, competitive with GPT-5.4 vision.
- The older $2 / $6 Mistral Large 2 rate is legacy pricing and is not the current flagship row.
- Several Mistral models ship under Apache 2.0 or Mistral Research License for self-hosting in addition to API access.
Why choose Mistral over OpenAI or Anthropic?
Mistral AI's positioning comes down to three things: European data residency, open-weight availability, and aggressive mid-tier pricing. Current Mistral Large 3 pricing is $0.50 input and $1.50 output per million tokens, while Mistral Small 4 is $0.15 / $0.60. Use the live comparison table for cross-provider decisions because model generations and rates move independently.
On openness, Mistral ships many models (Ministral 8B, Mixtral, Codestral Mamba) under permissive Apache 2.0 or research licenses — you can self-host if API costs ever become the bottleneck. This is a hedge that neither OpenAI nor Anthropic provides. On residency, la Plateforme runs entirely in EU data centers, which matters for GDPR-sensitive workloads where routing traffic through US providers is a compliance problem.
When Mistral is not the right choice
Price is only one part of model selection. If your workload depends on frontier reasoning quality or a particular tool ecosystem, benchmark Mistral Large 3 against the current OpenAI and Anthropic models. Mistral now publishes cached-input discounts for several current rows, including Mistral Large 3.
Price History
Only models with a recorded price change are charted here.
Ministral 3 3B
Ministral 3 8B
Mistral Large 3
Mistral Small 4
Price history tracking started April 2026. Flat model charts stay hidden until a price change is detected.
View pricing changelog →
Frequently asked questions
How much does Mistral AI charge per token?
Current hosted rates are model-specific. Mistral Large 3 costs $0.50 per million input tokens and $1.50 per million output tokens, Mistral Small 4 costs $0.15 / $0.60, and Codestral costs $0.30 / $0.90. The table above is generated from our daily pricing dataset.
Does Mistral have a free tier?
Mistral offers an experimentation tier through la Plateforme for prototyping. Production API use is pay-as-you-go, while self-hosting terms depend on the specific model license.
How does Mistral compare to OpenAI?
At $0.50 input and $1.50 output per million tokens, Mistral Large 3 is priced as a cost-efficient flagship. Compare current rates in the live table because both providers change model lineups and pricing.
What's Codestral's pricing?
Codestral — Mistral's code-specialist model — is currently priced at $0.30 per million input tokens, $0.03 per million cached input tokens, and $0.90 per million output tokens.
Which Mistral model is cheapest?
Among the current rows in our dataset, Ministral 3 3B starts at $0.10 per million input tokens and $0.10 per million output tokens, with cached input at $0.01 per million.
Is Mistral Large 2 still the current flagship price?
No. The $2 input / $6 output rate belongs to the legacy Mistral Large 2 generation. The current first-party pricing pages list Mistral Large 3 at $0.50 input, $0.05 cached input, and $1.50 output per million tokens.
Methodology
Pricing sourced from https://mistral.ai/pricing on . All prices expressed in USD per 1 million tokens. We track pricing across 18 Mistral models covering flagship, efficient, code, edge, and multimodal tiers.
Compare Mistral to other providers
Further reading: Full AI API pricing comparison · Cheapest AI APIs in 2026.