Mistral Small 4 vs Mistral Large 3

Detailed pricing comparison and cost analysis.

Updated June 2026

Cost Simulator

Mistral Small 4 Cost
$0.16
Mistral Large 3 Cost
$0.80
Mistral Small 4 is 80% cheaper
FeatureMistral Small 4Mistral Large 3
ProviderMistralMistral
Input Price (1M)$0.10$0.50
Output Price (1M)$0.30$1.50
Context Window131,000262,000

Verdict

Mistral Small 4 costs $0.10 per 1M input tokens and $0.30 per 1M output tokens. Mistral Large 3 costs $0.50 per 1M input tokens and $1.50 per 1M output tokens. Mistral Small 4 is 80% cheaper on input tokens than Mistral Large 3. For output tokens, Mistral Small 4 is the more affordable option at $0.30/1M 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 Small 4

  • ✓ You need the lowest input token cost ($ 0.10/1M)
  • ✓ Your workload is output-heavy — Mistral Small 4 generates text cheaper
  • ✓ You are already integrated with Mistral

When to choose Mistral Large 3

  • ✓ You need a larger context window (262,000 tokens)
  • ✓ 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.

Frequently Asked Questions

Is Mistral Small 4 cheaper than Mistral Large 3?

Mistral Small 4 is cheaper on input tokens at $0.10/1M vs $0.50/1M for Mistral Large 3 — a 80% saving.

What is the context window of Mistral Small 4 vs Mistral Large 3?

Mistral Small 4 has a 131,000-token context window. Mistral Large 3 has a 262,000-token context window. Mistral Large 3 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: Mistral Small 4 or Mistral Large 3?

The best choice depends on your use case. For cost efficiency on input tokens, Mistral Small 4 is the cheaper option. For maximum context length, Mistral Large 3 supports 262,000 tokens. Use the comparison table above to find the right fit for your workload.