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GPT-4o mini vs Mistral Large 3

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

GPT-4o mini Cost
$0.27
Mistral Large 3 Cost
$0.80
GPT-4o mini is 66% cheaper
FeatureGPT-4o miniMistral Large 3
ProviderOpenAIMistral
Input Price (1M)$0.15$0.50
Output Price (1M)$0.60$1.50
Context Window128,000262,000

Verdict

GPT-4o mini costs $0.15 per 1M input tokens and $0.60 per 1M output tokens. Mistral Large 3 costs $0.50 per 1M input tokens and $1.50 per 1M output tokens. GPT-4o mini is 70% cheaper on input tokens than Mistral Large 3. For output tokens, GPT-4o mini is the more affordable option at $0.60/1M 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 GPT-4o mini

  • ✓ You need the lowest input token cost ($ 0.15/1M)
  • ✓ Your workload is output-heavy — GPT-4o mini generates text cheaper
  • ✓ You are already integrated with OpenAI

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 GPT-4o mini cheaper than Mistral Large 3?

GPT-4o mini is cheaper on input tokens at $0.15/1M vs $0.50/1M for Mistral Large 3 — a 70% saving.

What is the context window of GPT-4o mini vs Mistral Large 3?

GPT-4o mini has a 128,000-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: GPT-4o mini or Mistral Large 3?

The best choice depends on your use case. For cost efficiency on input tokens, GPT-4o mini 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.