Home › Compare › Mistral: Mistral Medium 3.5 vs Mistral: Mistral Small 4

Mistral: Mistral Medium 3.5 vs Mistral: Mistral Small 4: API Pricing Compared

Comparing Mistral: Mistral Medium 3.5 and Mistral: Mistral Small 4: on combined input+output list price, Mistral: Mistral Small 4 is cheaper at $0.75 vs $9 per 1M tokens — a difference of $8.25 (92%). Mistral: Mistral Medium 3.5 costs $1.5 in / $7.5 out with a 262,144-token context; Mistral: Mistral Small 4 costs $0.15 in / $0.6 out with a 262,144-token context.
Mistral: Mistral Medium 3.5Mistral: Mistral Small 4
Input /1M$1.5$0.15
Output /1M$7.5$0.6
Cached input /1M—$0.015
Context window262,144262,144
Max output tokens209,715209,715
Cost @ 10M in + 2M out / mo$30$2.7

Estimate your own workload in the cost calculator, or open the full pages for Mistral: Mistral Medium 3.5 and Mistral: Mistral Small 4.

Frequently asked questions

Which is cheaper, Mistral: Mistral Medium 3.5 or Mistral: Mistral Small 4?

Mistral: Mistral Small 4 is cheaper on combined list price: $0.75 vs $9 per 1M tokens (input + output). At 10M input + 2M output tokens per month, Mistral: Mistral Medium 3.5 costs $30 and Mistral: Mistral Small 4 costs $2.7.

Which has the larger context window, Mistral: Mistral Medium 3.5 or Mistral: Mistral Small 4?

Mistral: Mistral Medium 3.5 has a context window of 262,144 tokens; Mistral: Mistral Small 4 has 262,144 tokens. The larger one is Mistral: Mistral Medium 3.5.

Price snapshot October 21, 2026, refreshed daily.