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davinci-002 vs Mistral Medium 3

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

davinci-002 Cost
$2.40
Mistral Medium 3 Cost
$0.80
Mistral Medium 3 is 67% cheaper
Featuredavinci-002Mistral Medium 3
ProviderOpenAIMistral
Input Price (1M)$2.00$0.40
Output Price (1M)$2.00$2.00
Context Window16,384131,000

Verdict

davinci-002 costs $2.00 per 1M input tokens and $2.00 per 1M output tokens. Mistral Medium 3 costs $0.40 per 1M input tokens and $2.00 per 1M output tokens. Mistral Medium 3 is 80% cheaper on input tokens than davinci-002. For output tokens, davinci-002 is the more affordable option at $2.00/1M vs $2.00.

On context window, Mistral Medium 3 supports 131,000 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 davinci-002

  • ✓ You are already integrated with OpenAI

When to choose Mistral Medium 3

  • ✓ You need the lowest input token cost ($ 0.40/1M)
  • ✓ You need a larger context window (131,000 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 davinci-002 cheaper than Mistral Medium 3?

Mistral Medium 3 is cheaper on input tokens at $0.40/1M vs $2.00/1M for davinci-002 — a 80% saving.

What is the context window of davinci-002 vs Mistral Medium 3?

davinci-002 has a 16,384-token context window. Mistral Medium 3 has a 131,000-token context window. Mistral Medium 3 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: davinci-002 or Mistral Medium 3?

The best choice depends on your use case. For cost efficiency on input tokens, Mistral Medium 3 is the cheaper option. For maximum context length, Mistral Medium 3 supports 131,000 tokens. Use the comparison table above to find the right fit for your workload.