Cheapest Mistral Models

Quick answer · Updated June 2026

The cheapest Mistral model is Mistral Nemo at $0.020 per million input tokens. Mistral Small 3 ($0.050) and Mistral Small 3.2 24B ($0.075) round out the top three.

$0.020Input /M

75 t/sSpeed

131KContext

AI models ranked by input token price. The most affordable large language model APIs, from budget open-weight models to discounted frontier models.

Frequently asked

What is the cheapest Mistral model?

The cheapest Mistral model is Mistral Nemo at $0.020 per million input tokens. Mistral Small 3 ($0.050) and Mistral Small 3.2 24B ($0.075) 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 Mistral Small 3.2 24B ($0.075). 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

Mistral: Smartest LLMs Mistral: Best LLMs for Coding Mistral: Best LLMs for Design & Frontend Mistral: Fastest LLMs Mistral: Lowest-Latency LLMs Mistral: Best Free LLMs Mistral: Best Reasoning LLMs Mistral: Best Vision LLMs Mistral: Best LLMs for Agents Mistral: Best Open-Source LLMs Mistral: Longest-Context LLMs

All rankings

Small & Fast LLMs Smartest LLMs Best LLMs for Coding Best LLMs for Design & Frontend Fastest LLMs Lowest-Latency LLMs Best Free LLMs Best Reasoning LLMs Best Vision LLMs Best LLMs for Agents Best Open-Source LLMs Longest-Context LLMs