Mistral API pricing
European lab with efficient open and commercial models, including the Codestral code model.
Mistral models — price per 1M tokens
All prices in USD, last verified 2026-06-26. Cheapest reference cost first; click a column to re-sort.
| Model | Input /1M | Output /1M | Cost / call* | Context | Type |
|---|---|---|---|---|---|
| Mistral Small 4 | $0.150 | $0.600 | $0.0007 | 128K | Fast / cheap |
| Codestral Code-specialised | $0.300 | $0.900 | $0.0012 | 32K | Balanced |
| Mistral Large 3 Flagship | $0.500 | $1.50 | $0.0020 | 256K | Flagship |
| Mistral Medium 3.5 | $1.50 | $7.50 | $0.0090 | 256K | Balanced |
*Reference cost of one call with 1,000 input + 1,000 output tokens — a neutral yardstick. Use the calculator for your real usage. Cheapest row highlighted.
How Mistral API pricing works
Mistral bills per token: an input price for everything you send and a higher output price for what the model generates, both quoted per million tokens. To estimate a real bill, multiply by your monthly request volume — the cost calculator does this across every model at once.
Before committing to volume, always confirm the current numbers on the official Mistral pricing page — the list prices here are verified periodically but the market moves fast.