Mistral Large 3 vs Mistral Small 3
Detailed pricing comparison and cost analysis.
Updated March 2026
Cost Simulator
| Feature | Mistral Large 3 | Mistral Small 3 |
|---|---|---|
| Provider | Mistral | Mistral |
| Input Price (1M) | $0.50 | $0.03 |
| Output Price (1M) | $1.50 | $0.11 |
| Context Window | 262,000 | 33,000 |
Verdict
Mistral Large 3 costs $0.50 per 1M input tokens and $1.50 per 1M output tokens. Mistral Small 3 costs $0.03 per 1M input tokens and $0.11 per 1M output tokens. Mistral Small 3 is 94% cheaper on input tokens than Mistral Large 3. For output tokens, Mistral Small 3 is the more affordable option at $0.11/1M vs $1.50.
On context window, Mistral Large 3 supports 262,000 tokens — meaning it can fit more conversation history, documents, or code in a single request. This matters for RAG pipelines, long document analysis, and agentic workflows where context builds up over many turns.
When to choose Mistral Large 3
- ✓ You need a larger context window (262,000 tokens)
- ✓ You are already integrated with Mistral
When to choose Mistral Small 3
- ✓ You need the lowest input token cost ($ 0.03/1M)
- ✓ Your workload is output-heavy — Mistral Small 3 generates text cheaper
- ✓ You are already integrated with Mistral
Use the calculator above to simulate your specific workload and find the exact break-even point. For most applications, the cheapest model is the one that minimises your total monthly bill given your input-to-output token ratio.