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GPT-5 vs Mistral Medium 3.5

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

GPT-5 Cost
$3.25
Mistral Medium 3.5 Cost
$3.00
Mistral Medium 3.5 is 8% cheaper
FeatureGPT-5Mistral Medium 3.5
ProviderOpenAIMistral
Input Price (1M)$1.25$1.50
Output Price (1M)$10.00$7.50
Context Window400,000262,000

Verdict

GPT-5 costs $1.25 per 1M input tokens and $10.00 per 1M output tokens. Mistral Medium 3.5 costs $1.50 per 1M input tokens and $7.50 per 1M output tokens. GPT-5 is 17% cheaper on input tokens than Mistral Medium 3.5. For output tokens, Mistral Medium 3.5 is the more affordable option at $7.50/1M vs $10.00.

On context window, GPT-5 supports 400,000 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-5

  • ✓ You need the lowest input token cost ($ 1.25/1M)
  • ✓ You need a larger context window (400,000 tokens)
  • ✓ You are already integrated with OpenAI

When to choose Mistral Medium 3.5

  • ✓ Your workload is output-heavy — Mistral Medium 3.5 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 GPT-5 cheaper than Mistral Medium 3.5?

GPT-5 is cheaper on input tokens at $1.25/1M vs $1.50/1M for Mistral Medium 3.5 — a 17% saving.

What is the context window of GPT-5 vs Mistral Medium 3.5?

GPT-5 has a 400,000-token context window. Mistral Medium 3.5 has a 262,000-token context window. GPT-5 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: GPT-5 or Mistral Medium 3.5?

The best choice depends on your use case. For cost efficiency on input tokens, GPT-5 is the cheaper option. For maximum context length, GPT-5 supports 400,000 tokens. Use the comparison table above to find the right fit for your workload.