OptimToken › Models by maker › Mistral

Mistral API pricing

As of 2026-10-05, the OptimToken catalogue holds 16 Mistral models. By price tier, 6 are Mid-tier and 10 Budget. The cheapest is Mistral Nemo at $0.02 per 1M input tokens and $0.03 per 1M output tokens. The most expensive is Mistral Medium 3.5 at $1.50 input and $7.50 output, 213x the cheapest on blended price (30% input, 70% output). These are the prices we quote: a model sold by several hosts has other rates, listed on its own page.

Mistral models and prices

Mistral models, cheapest first on blended price (30% input, 70% output). USD per 1M tokens, data snapshot 2026-10-05.
Model	Input	Output	Batch (in / out)	Cache read	Context	Licence
Mistral Nemo	$0.02	$0.03	not published	not published	131K	Open source (Apache 2.0)
Mistral Small 3	$0.05	$0.08	not published	not published	33K	Open weights (Mistral)
Ministral 3 3B 2512	$0.10	$0.10	not published	$0.01	131K	Open weights (Mistral)
Ministral 3 8B 2512	$0.15	$0.15	$0.07 / $0.07	$0.01	262K	Open weights (Mistral)
Ministral 3 14B 2512	$0.20	$0.20	not published	$0.02	262K	Open weights (Mistral)
Voxtral Small 24B 2507	$0.10	$0.30	not published	$0.01	33K	Open weights (Mistral)
Mistral Small 4	$0.15	$0.60	$0.07 / $0.30	$0.01	262K	Open weights (Mistral)
Saba	$0.20	$0.60	not published	$0.02	33K	Open weights (Mistral)
Codestral 2508	$0.30	$0.90	$0.15 / $0.45	$0.03	256K	Open source (Apache 2.0)
Mistral Large 3 2512	$0.50	$1.50	$0.25 / $0.75	$0.05	262K	Open weights (Mistral)
Devstral 2 2512	$0.40	$2.00	not published	$0.04	262K	Open weights (Mistral)
Mistral Medium 3	$0.40	$2.00	not published	$0.04	131K	Open weights (Mistral)
Mistral Medium 3.1	$0.40	$2.00	$0.20 / $1.00	$0.04	131K	Open weights (Mistral)
Mistral Large (deprecated)	$2.00	$6.00	not published	$0.20	128K	Open weights (Mistral)
Mistral Large 2407 (deprecated)	$2.00	$6.00	not published	$0.20	131K	Open weights (Mistral)
Mistral Medium 3.5	$1.50	$7.50	$0.75 / $3.75	not published	262K	Open weights (Mistral)

Published discounts: a prompt-cache read rate for 13 of the 16 and a batch rate for 6 of the 16. The most recent by release date is Mistral Medium 3.5 (2026-04). Only Mistral Large carries an Arena ELO score: 1414 (as of 2026-10-02). Those marked deprecated, 2 of them, are under a retirement notice from the model maker: models to migrate off, not to start on.

Licences

Of the 16, 2 are open source: their weights are published under the Apache 2.0 licence, OSI-approved with no field-of-use limit, so they can be self-hosted as well as bought by the token. Another 14 are open weights, which is not the same as open source: the weights are published, but under the Mistral licence, which restricts some uses. Read it before self-hosting commercially. Licences are as recorded in this catalogue: check the maker's own terms before relying on one.

Price changes since tracking began

Our daily price archive began on 2026-08-15 and holds a record for all 16 models. The price we quote has changed for 1 of them, 1 time in all. The most recent was to Devstral 2 2512 on 2026-08-31: -9.1% on the blended price (30% input, 70% output). One model joined after tracking began: Devstral 2 2512, on 2026-08-25. Last checked against the 2026-10-05 snapshot.

Each row is a model's most recent change. Its own page has the full history.

Model	Date	Old price (in / out)	New price (in / out)	Blended change	Changes in all
Devstral 2 2512	2026-08-31	$0.44 / $2.20	$0.40 / $2.00	-9.1%	1

Other makers

Models by maker: every model in the catalogue, including makers with fewer than 3.

These are list prices.

Your real cost also depends on caching and batching, negotiated discounts, marketplace agreements, and the contracts you already have. OptimNow audits exactly that.

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