modelgrep

Cheapest Mistral Models

Match · Updated July 2026

The cheapest Mistral model is Mistral Nemo at $0.019 per million input tokens. Mistral Small 3 ($0.050) and Ministral 3 3B 2512 ($0.100) round out the top three.

$0.019Input /M
131KContext

AI models ranked by input token price. The cheapest LLM APIs and most affordable AI models, from budget open-weight models to discounted frontier models.

  1. 1mistralai logo
    mistral-nemo
    ToolsJSON131K ctx
    $0.019
    Input /M
  2. 2mistralai logo
    mistral-small-24b-instruct-2501
    JSON33K ctx
    $0.050
    Input /M
  3. 3mistralai logo
    ministral-3b-2512
    ToolsJSONVision131K ctx
    $0.100
    Input /M
  4. 4mistralai logo
    voxtral-small-24b-2507
    ToolsJSONAudio32K ctx
    $0.100
    Input /M
  5. 5mistralai logo
    mistral-small-3.2-24b-instruct
    ToolsJSONVision256K ctx
    $0.100
    Input /M
  6. 6mistralai logo
    mistral-small-2603
    ReasoningToolsJSON+1262K ctx
    $0.150
    Input /M
  7. 7mistralai logo
    ministral-8b-2512
    ToolsJSONVision262K ctx
    $0.150
    Input /M
  8. 8mistralai logo
    ministral-14b-2512
    ToolsJSONVision262K ctx
    $0.200
    Input /M
  9. 9mistralai logo
    mistral-saba
    ToolsJSON6.4 intel · 33K ctx
    $0.200
    Input /M
  10. 10mistralai logo
    codestral-2508
    ToolsJSON256K ctx
    $0.300
    Input /M
  11. 11mistralai logo
    mistral-small-3.1-24b-instruct
    Vision128K ctx
    $0.351
    Input /M
  12. 12mistralai logo
    devstral-2512
    ToolsJSON262K ctx
    $0.400
    Input /M
  13. 13mistralai logo
    mistral-medium-3.1
    ToolsJSONVision14.7 intel · 131K ctx
    $0.400
    Input /M
  14. 14mistralai logo
    mistral-medium-3
    ToolsJSONVision12.5 intel · 131K ctx
    $0.400
    Input /M
  15. 15mistralai logo
    mistral-large-2512
    ToolsJSONVision262K ctx
    $0.500
    Input /M
  16. 16mistralai logo
    mistral-medium-3-5
    ReasoningToolsJSON+129.9 intel · 262K ctx
    $1.50
    Input /M
  17. 17mistralai logo
    mistral-large-2407
    ToolsJSON7.3 intel · 131K ctx
    $2.00
    Input /M
  18. 18mistralai logo
    mixtral-8x22b-instruct
    ToolsJSON4.4 intel · 66K ctx
    $2.00
    Input /M
  19. 19mistralai logo
    mistral-large
    ToolsJSON4.4 intel · 128K ctx
    $2.00
    Input /M

Frequently asked

What is the cheapest Mistral model?

The cheapest Mistral model is Mistral Nemo at $0.019 per million input tokens. Mistral Small 3 ($0.050) and Ministral 3 3B 2512 ($0.100) round out the top three.

What's a good alternative to Mistral Nemo?

Mistral Small 3 ($0.050) is the closest alternative on this metric, followed by Ministral 3 3B 2512 ($0.100). See the full ranking above for the tradeoffs.

How many Mistral models are there?

modelgrep tracks 19 Mistral models with live benchmarks, speed, latency and per-provider pricing, led on intelligence by Mistral Medium 3.5. 19 of them qualify for this ranking.

More Mistral rankings

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