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LAST UPDATED: AUGUST 27, 2026

Mistral API Pricing Calculator & Cost Guide

Calculate Mistral AI API costs for 19 models. Compare per-token pricing across Mistral Large, Medium, Small, Ministral, and Pixtral.

CalculatorPricing GuideSave MoneyFAQ

Pricing TLDR

  • Pay-per-token with no monthly fees, priced separately for input and output
  • Ministral and Mistral Small are the cheapest tiers; Large is the flagship
  • 19 Mistral models with live rates from the OpenRouter catalog

Official pricing:

Mistral AI

Live rates: OpenRouter

Quality Scores: Theozard

Mistral API Cost Calculator: Monthly Pricing

Calculate by

Input Tokens

Output Tokens

API Calls / Month

Quick Examples:

Sort:

(mistralai/mistral-medium-3-5)

Context

262K

Quality

48

Popularity

Per 1M Tokens

In: $1.50

Out: $7.50

Monthly Cost

$5.25

(mistralai/mistral-small-2603)

Context

262K

Quality

31

Popularity

#134

Per 1M Tokens

In: $0.15

Out: $0.60

Monthly Cost

$0.45

(mistralai/devstral-2512)

Context

262K

Quality

31

Popularity

#369

Per 1M Tokens

In: $0.44

Out: $2.20

Monthly Cost

$1.54

(mistralai/mistral-large-2512)

Context

262K

Quality

25

Popularity

#149

Per 1M Tokens

In: $0.50

Out: $1.50

Monthly Cost

$1.25

(mistralai/mistral-small-3.1-24b-instruct)

Context

128K

Quality

24

Popularity

Per 1M Tokens

In: $0.35

Out: $0.55

Monthly Cost

$0.63

(mistralai/mistral-medium-3.1)

Context

131K

Quality

23

Popularity

#215

Per 1M Tokens

In: $0.40

Out: $2.00

Monthly Cost

$1.40

(mistralai/mistral-medium-3)

Context

131K

Quality

20

Popularity

#331

Per 1M Tokens

In: $0.40

Out: $2.00

Monthly Cost

$1.40

(mistralai/ministral-14b-2512)

Context

262K

Quality

18

Popularity

#183

Per 1M Tokens

In: $0.20

Out: $0.20

Monthly Cost

$0.30

(mistralai/mistral-small-3.2-24b-instruct)

Context

131K

Quality

17

Popularity

Per 1M Tokens

In: $0.08

Out: $0.20

Monthly Cost

$0.17

(mistralai/ministral-8b-2512)

Context

262K

Quality

14

Popularity

#180

Per 1M Tokens

In: $0.15

Out: $0.15

Monthly Cost

$0.23

(mistralai/mistral-large-2407)

Context

131K

Quality

14

Popularity

#380

Per 1M Tokens

In: $2.00

Out: $6.00

Monthly Cost

$5.00

(mistralai/mistral-small-24b-instruct-2501)

Context

33K

Quality

11

Popularity

#147

Per 1M Tokens

In: $0.05

Out: $0.08

Monthly Cost

$0.09

(mistralai/ministral-3b-2512)

Context

131K

Quality

11

Popularity

#204

Per 1M Tokens

In: $0.10

Out: $0.10

Monthly Cost

$0.15

(mistralai/mixtral-8x22b-instruct)

Context

66K

Quality

6

Popularity

#325

Per 1M Tokens

In: $2.00

Out: $6.00

Monthly Cost

$5.00

(mistralai/mistral-large)

Context

128K

Quality

6

Popularity

#330

Per 1M Tokens

In: $2.00

Out: $6.00

Monthly Cost

$5.00

(mistralai/mistral-nemo)

Context

131K

Quality

Popularity

#51

Per 1M Tokens

In: $0.02

Out: $0.03

Monthly Cost

$0.03

(mistralai/ministral-8b)

Context

128K

Quality

Popularity

#402

Per 1M Tokens

In: $0.11

Out: $0.11

Monthly Cost

$0.17

(mistralai/mistral-saba)

Context

33K

Quality

Popularity

Per 1M Tokens

In: $0.20

Out: $0.60

Monthly Cost

$0.50

(mistralai/codestral-2508)

Context

256K

Quality

Popularity

#276

Per 1M Tokens

In: $0.30

Out: $0.90

Monthly Cost

$0.75

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About Mistral

What is Mistral?

Mistral AI is a French lab building both open-weight and commercial large language models. Its API (La Plateforme) offers a family of models from the low-cost Ministral and Mistral Small tiers up to the flagship Mistral Large, plus Pixtral for vision and Codestral for code. Pricing is per token, billed separately for input and output.

  • A Model for Every Cost Tier: Ministral and Mistral Small handle high-volume, simple tasks cheaply. Mistral Medium and Large take on complex reasoning and agentic workloads. Pick the smallest model that clears your quality bar.
  • Open Weights Available: Several Mistral models (Mistral 7B, Mixtral, and others) ship with open weights, so you can self-host at no per-token cost or use the API for convenience. Few frontier labs offer both.
  • Specialized Models: Beyond general chat, Mistral offers Codestral for code generation and Pixtral for multimodal vision tasks, each priced on the same per-token basis.

When to Use Mistral

Mistral is a strong fit when you want frontier-adjacent quality at a lower price than GPT or Claude, or when open weights and European data residency matter.

Ideal for

  • Cost-sensitive production workloads at scale
  • Teams that want open weights plus a hosted API option
  • European projects with data-residency requirements
  • High-volume classification, extraction, and routing
  • Code generation via Codestral

Not ideal for

  • Tasks that need the absolute top of the quality leaderboard
  • Workloads dependent on provider-specific features like prompt caching
  • Applications requiring the largest available context windows

Mistral Pricing Breakdown

How Mistral API Billing Works

Per-Token Pricing

Each model has separate input (prompt) and output (completion) rates per million tokens. Output is usually priced higher than input. You pay only for tokens processed, with no monthly minimum.

Model Tiers Set the Price

Cost scales with capability: Ministral is the cheapest, then Mistral Small, Medium, and Large. Choosing the right tier for each task is the single biggest lever on your bill.

Free and Open Options

La Plateforme has a rate-limited free experimentation tier, and open-weight models can be self-hosted at no per-token cost. Some Mistral models are also free with rate limits on OpenRouter.

Usage Tracking

Monitor spend per model and per key in the Mistral console. Set alerts so a runaway job or a switch to a pricier model does not surprise you at the end of the month.

Mistral API Monthly Cost Estimates

Hobby / Testing

$0-15/mo

Ministral / Small

<1K requests/day

Single project

Light Use

$15-75/mo

Mistral Small

1-5K requests/day

Mixed tasks

Medium Use

$75-400/mo

Mistral Medium

5-20K requests/day

Production apps

Heavy Use

$400+/mo

Mistral Large

20K+ requests/day

Agentic workloads

5 Mistral Cost Optimization Tips

1

Match the Model to the Task

Do not run Mistral Large on work that Ministral or Small handles well. Reserve the flagship for genuinely hard reasoning, and route classification, extraction, and simple chat to the cheap tiers.

2

Self-Host the Open Models

For steady high-volume workloads on Mistral 7B or Mixtral, self-hosting the open weights can undercut per-token API pricing once your usage is predictable enough to fill a GPU.

3

Trim Input Tokens

Input tokens cost money on every call. Use concise system prompts, summarize long context instead of pasting whole documents, and drop history you do not need.

4

Cap Output Length

Output tokens usually cost more than input. Set max_tokens, ask for structured or terse responses, and avoid open-ended generations when a short answer will do.

5

Track Spend with CostGoat

Watch your Mistral credit balance and usage in real time with CostGoat. Get desktop or email alerts before you run low, and see which models drive your spend.

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Mistral API Pricing FAQ

Common questions about Mistral AI API costs and billing

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