Mistral API Pricing
We track 5 Mistral models, 3 of them open to new users. The cheapest of those is Mistral Small 4 at $0.15/MTok input and $0.60/MTok output, and the most expensive is Mistral Large 4 at $0.70/MTok input and $2.10/MTok output.
Prices checked 13 Nov 2026 against Mistral AI’s pricing page ↗
| Model | Input | Output | Cached in |
|---|---|---|---|
| Mistral Small 4Mid-tier | $0.15 | $0.60 | – |
| Mistral Large 4Flagship | $0.70 | $2.10 | $0.070 |
Per 1M tokens · 3 current models + 2 legacy · Largest context 1M tokens · Batch discount 50% off on 3 of 3 current models
Model prices
| Model | Tier | Input | Output | Over size | Cached in | Batch in / out | Context | Details |
|---|---|---|---|---|---|---|---|---|
| Mistral Large 4 | Flagship | $0.70 | $2.10 | — | $0.070 | $0.35 / $1.05 | 1M | Details for Mistral Large 4 |
Newest Mistral Large, a public preview since Oct 6, 2026, when it launched with a two-week 50%-off launch discount. General-purpose multimodal Mixture-of-Experts model with a 1M context window; Mistral says open weights are coming soon. Cached input $0.07. | ||||||||
| Mistral Small 4 | Mid-tier | $0.15 | $0.60 | — | — | $0.075 / $0.30 | 256K | Details for Mistral Small 4 |
Latest small generation (v26.03). 256K context. | ||||||||
| Codestral | Mid-tier | $0.30 | $0.90 | — | — | $0.15 / $0.45 | 128K | Details for Codestral |
Specialized for code generation (codestral-2508). Price cut in May 2026. 128K context. Mistral's only dedicated coding model since Devstral 2 retired on Jul 31, 2026. | ||||||||
| Legacy models (2) | ||||||||
| Mistral Large 3 Legacy | Flagship | $0.50 | $1.50 | — | — | $0.25 / $0.75 | 256K | Details for Mistral Large 3 |
675B open-weight MoE, Mistral's flagship until Mistral Large 4 arrived in public preview on Oct 6, 2026. Context expanded from 32K to 256K. Deprecated Oct 31, 2026: API retires on Apr 30, 2027, with Mistral Large 4 as Mistral's named alternative. | ||||||||
| Mistral Medium 3.5 Legacy | Flagship | $1.50 | $7.50 | — | — | $0.75 / $3.75 | 256K | Details for Mistral Medium 3.5 |
Frontier-class multimodal model for agentic and coding work (v26.04). Open weights under a modified MIT licence. Deprecated Oct 31, 2026: API retires on Apr 30, 2027, with Mistral Large 4 as Mistral's named alternative. | ||||||||
No models match those filters
What would Mistral cost you?
Preset to Mistral AI’s current models. Adjust to your usage.
- 1Mistral Small 4 $0.0005 per request$23.25
- 2Codestral $0.0008 per request$40.50
- 3Mistral Large 4 $0.0019 per request$94.50
50,000 requests × (1,500 in + 400 out). List prices; excludes tax and cache-write fees.
What Mistral costs for real jobs
Three jobs priced for Mistral AI’s budget, mid-tier and flagship models.
Support replies
1,000 replies a day for 30 days. 30,000 requests, 1,500 input and 300 output tokens each.
| Model | List price | Batch |
|---|---|---|
| Mistral Small 4Mid-tier | $12.15 | $6.08 |
| Mistral Large 4Flagship | $50.40 | $25.20 |
Coding agent session
One session of 40 requests that mostly re-read the same code. 40 requests, 60,000 input and 1,500 output tokens each; where a cached price exists, 80% of the input is billed at it.
| Model | List price | Batch | Cached (80% of input) |
|---|---|---|---|
| Mistral Small 4Mid-tier | $0.40 | $0.20 | This model has no cached-input price in our data, so only the list total is shown. |
| Mistral Large 4Flagship | $1.81 | $0.90 | $0.60 |
Long document review
50 documents a month. 50 requests, 120,000 input and 2,000 output tokens each.
| Model | List price | Batch |
|---|---|---|
| Mistral Small 4Mid-tier | $0.96 | $0.48 |
| Mistral Large 4Flagship | $4.41 | $2.21 |
Totals are for all the requests in each example, in US dollars, from the same cost function as the calculator above.
Is there a free API tier?
Mistral AI’s pricing page lists no free API tier.
Mistral AI’s usage limits page says: “Free mode includes a monthly usage budget for trying Vibe and Studio. It doesn't include API access. Creating API keys and using the API require billing activation and pay-as-you-go.”
Checked 11 Nov 2026 on Mistral AI’s pricing page ↗ and usage limits page ↗.
Latest launches and price changes
- 30 Oct 2026 · price cut · Mistral Large 4
- 6 Oct 2026 · launch · Mistral Large 4
Mistral pricing FAQ
What is the cheapest Mistral model?
Mistral Small 4 is the cheapest current Mistral model, at $0.15 per million input tokens and $0.60 per million output tokens, or $0.075 / $0.30 with the 50% batch discount.
Which Mistral model should I use?
By tier, the models we list first are Mistral Small 4 (mid-tier) and Mistral Large 4 (flagship): the cheapest mid-tier model and the dearest flagship we track that are open to new users. To spend less, pick the tier that fits the job and its cheapest model: For the hardest work, flagship models: Mistral Large 4 ($0.70 / $2.10). For everyday work, mid-tier models: Mistral Small 4 and Codestral (from $0.15 / $0.60 for Mistral Small 4). Prices are input / output per million tokens. Tiers group models by capability, not price, so price your own workload in the calculator on this page.
Does Mistral offer batch or caching discounts?
Batch: 50% off input and output on all 3 current models, so Mistral Small 4 drops from $0.15 / $0.60 to $0.075 / $0.30 per million tokens. Prompt caching: reading cached input costs 10% of the input price on 1 of 3 current models; Mistral Large 4's $0.70 input falls to $0.070 per million tokens when read from the cache.
What context window do Mistral models have?
The largest is 1M tokens on Mistral Large 4, then 256K tokens on Mistral Small 4 and 128K tokens on Codestral. A request's prompt and its output together must fit in the window.
What does the Mistral API cost per person each month?
It depends on how much each person uses it. At list prices, an occasional user (3 short requests a working day) costs about $0.017 a month on Mistral Small 4, and a daily power user (40 longer requests a day) about $1.58 on Mistral Small 4. The cost-per-seat calculator works it out for a whole team.
Is the Mistral API free?
Mistral AI’s pricing page lists no free API tier. Mistral AI’s usage limits page says: “Free mode includes a monthly usage budget for trying Vibe and Studio. It doesn't include API access. Creating API keys and using the API require billing activation and pay-as-you-go.” Checked 11 Nov 2026 on Mistral AI’s pricing page and usage limits page.
How often do Mistral API prices change?
We check Mistral AI's pricing page every day, and last re-verified every price on 13 Nov 2026. Since Feb 2026 we have recorded 3 price cuts and no price rises on Mistral models, the latest on 30 Oct 2026, plus 3 launches. The price history chart on this page shows how each tier has moved.
Price history
Input price of the cheapest Mistral model in each tier, month by month, among the models on today’s price list.
View as a table
| Month | Flagship | Mid-tier |
|---|---|---|
| Feb 2026 | $0.60 | $0.15 |
| Mar 2026 | $0.50 | $0.15 |
| Apr 2026 | $0.50 | $0.15 |
| May 2026 | $0.50 | $0.10 |
| Jun 2026 | $0.50 | $0.10 |
| Jul 2026 | $0.50 | $0.15 |
| Aug 2026 | $0.50 | $0.15 |
| Sep 2026 | $0.50 | $0.15 |
| Oct 2026 | $0.50 | $0.15 |
| Nov 2026 | $0.50 | $0.15 |
Launches and price changes
- Mistral Large: input -17%, output -17%▼ Price cut
- Mistral: Codestral $0.4/$2→$0.3/$0.9, Mistral Small 4 $0.15/$0.6→$0.1/$0.3; Large 3 context to 256K▼ Price cut
- Mistral adds Medium 3.5 ($1.50/$7.50) and Magistral Medium 1.2 reasoning model ($2/$5)Launch
- Mistral Small 4 is $0.15/$0.60 per MTok with a 256K-token context window, not $0.10/$0.30 and 128K as we listed (our listing was wrong).Correction
- Magistral Medium 1.2 has a 128K-token context window (our listing was wrong).Correction
- Mistral adds Devstral 2, an open-weight agentic coding model at $0.40/$2.00 (256K context), alongside the Mistral Vibe CLILaunch
- Codestral's context window is 128K, not 256K (our listing was wrong).Correction
- Mistral Large 4: Mistral launches Mistral Large 4 in public preview, a multimodal model with a 1M context window, at a $1.36/$4.18 list price after a two-week launch discountLaunch
- Mistral Large 4: Mistral now lists Mistral Large 4 at $0.70/$2.10 (from $1.36/$4.18), with cached input at $0.07▼ Price cut