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Claude Opus 4.5 vs Mistral Small 4

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

Claude Opus 4.5 Cost
$10.00
Mistral Small 4 Cost
$0.27
Mistral Small 4 is 97% cheaper
FeatureClaude Opus 4.5Mistral Small 4
ProviderAnthropicMistral
Input Price (1M)$5.00$0.15
Output Price (1M)$25.00$0.60
Context Window200,000131,000

Verdict

Claude Opus 4.5 costs $5.00 per 1M input tokens and $25.00 per 1M output tokens. Mistral Small 4 costs $0.15 per 1M input tokens and $0.60 per 1M output tokens. Mistral Small 4 is 97% cheaper on input tokens than Claude Opus 4.5. For output tokens, Mistral Small 4 is the more affordable option at $0.60/1M vs $25.00.

On context window, Claude Opus 4.5 supports 200,000 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 Claude Opus 4.5

  • ✓ You need a larger context window (200,000 tokens)
  • ✓ You are already integrated with Anthropic

When to choose Mistral Small 4

  • ✓ You need the lowest input token cost ($ 0.15/1M)
  • ✓ Your workload is output-heavy — Mistral Small 4 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.

Frequently Asked Questions

Is Claude Opus 4.5 cheaper than Mistral Small 4?

Mistral Small 4 is cheaper on input tokens at $0.15/1M vs $5.00/1M for Claude Opus 4.5 — a 97% saving.

What is the context window of Claude Opus 4.5 vs Mistral Small 4?

Claude Opus 4.5 has a 200,000-token context window. Mistral Small 4 has a 131,000-token context window. Claude Opus 4.5 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: Claude Opus 4.5 or Mistral Small 4?

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, Claude Opus 4.5 supports 200,000 tokens. Use the comparison table above to find the right fit for your workload.