Mistral Medium 3.5 API Pricing
Mistral · Mid-tier · Mistral · released 2026-04. Prices in USD per 1 million tokens. Data snapshot: 2026-09-28.
Mistral Medium 3.5 has held the same list price since 2026-08-15 and is the 78th cheapest of 108 Mid-tier models. Only one host, Mistral, sells it, so there is no second price to shop. No Arena score is published for it, so it carries no Efficiency score and cannot hold the FinOps Friendly badge.
- Input: $1.50 per 1M tokens
- Output: $7.50 per 1M tokens
- Batch API (input/output): $0.75 / $3.75
- Prompt-cache read: not published
- Context window: 262K
- Available on: Direct API, AWS Bedrock, Azure AI Foundry, OpenRouter (curated by hand, verify with the provider)
Mistral Medium 3.5 market position
On blended price ($5.70 per 1M tokens at 30% input, 70% output) it is cheaper than 28% of Mid-tier models: 78th cheapest of 108. Across every category it is cheaper than 22% of priced text models in the catalogue: 220th cheapest of 281.
Mistral Medium 3.5 licence, size and capabilities
Mistral Medium 3.5 is open weights, which is not the same as open source: the weights are published, but under Mistral, a licence that restricts some uses. Read it before self-hosting commercially. Its published size is 128B parameters. Listed capabilities: Text, Vision, Reasoning, Code, Agents. Filling its 262K context window once costs $0.39 in input tokens at list price.
Monthly cost at 100K requests, by business use case
From the after-discounts figure (prompt caching on the cached input share, batch API for async workloads, only where the provider publishes those rates), which assumes you implement both, to the list price. One figure means no discount is published.
| Use case | Tokens (in/out) | Monthly (after discounts – list) |
|---|---|---|
| Support Ticket | 1,500 / 500 | $600 |
| Knowledge Q&A | 2,000 / 800 | $900 |
| Meeting Summary | 10,000 / 1,200 | $1.2K – $2.4K |
| Marketing Content | 2,500 / 1,800 | $1.7K |
| Coding Task | 3,000 / 2,000 | $1.9K |
| Invoice Processing | 1,500 / 600 | $337 – $675 |
| Call Summary | 2,000 / 700 | $413 – $825 |
| Agent Workflow | 6,000 / 3,000 | $3.1K |
Mistral Medium 3.5 pricing by host
A host is a company that runs the model and sells it by the token — the lab that made it, a cloud platform like Amazon Bedrock, Azure or Vertex, or an independent provider. One model, several sellers, and often several prices. This model is sold by 1 host. The price quoted above is the one we publish so that models stay comparable; it is not necessarily the cheapest way to buy this model. List prices as published on 2026-09-28 via OpenRouter — negotiated rates, committed-use discounts and provisioned capacity are not shown.
Mistral is the only host with a published rate, $1.50 input / $7.50 output per 1M tokens, which is the price shown on this page.
| Host | Input $/1M | Output $/1M |
|---|---|---|
| Mistral (the price shown above) | $1.50 | $7.50 |
Mistral Medium 3.5 price history
Mistral Medium 3.5 has been in our daily price archive since tracking began on 2026-08-15, when it listed at $1.50 input / $7.50 output per 1M tokens. No list price change since tracking began on 2026-08-15. Last checked against the 2026-09-28 snapshot.
Alternatives to Mistral Medium 3.5
- Next cheaper Mid-tier model: Aion 3.5 (aion-labs) at $5.10 blended, 11% less.
- Next more expensive: Pareto (unbiased) at $6.00 blended, 5% more.
Common questions about Mistral Medium 3.5 pricing
- How much does Mistral Medium 3.5 cost?
- Mistral Medium 3.5 costs $1.50 per million input tokens and $7.50 per million output tokens on the API.
- Does Mistral Medium 3.5 offer batch or cached pricing?
- Yes. Batch API pricing is $0.75/M input and $3.75/M output.
- What would Mistral Medium 3.5 cost per month?
- For a support-ticket workload (1,500 input + 500 output tokens per request) at 100K requests/month, Mistral Medium 3.5 costs about $600 at list prices.
- Has the price of Mistral Medium 3.5 changed?
- Mistral Medium 3.5 has been in our daily price archive since tracking began on 2026-08-15, when it listed at $1.50 input / $7.50 output per 1M tokens. No list price change since tracking began on 2026-08-15. Last checked against the 2026-09-28 snapshot.
These are list prices: real cost also depends on caching, batching, negotiated discounts, marketplace agreements, and existing contracts. Get a FinOps review from OptimNow or compare all models.
Build the business case for Mistral Medium 3.5 in the AI ROI Calculator: add your business value on top of these costs to get ROI, break-even and payback.
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