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Mistral Medium 3.5 vs davinci-002

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

Mistral Medium 3.5 Cost
$3.00
davinci-002 Cost
$2.40
davinci-002 is 20% cheaper
FeatureMistral Medium 3.5davinci-002
ProviderMistralOpenAI
Input Price (1M)$1.50$2.00
Output Price (1M)$7.50$2.00
Context Window262,00016,384

Verdict

Mistral Medium 3.5 costs $1.50 per 1M input tokens and $7.50 per 1M output tokens. davinci-002 costs $2.00 per 1M input tokens and $2.00 per 1M output tokens. Mistral Medium 3.5 is 25% cheaper on input tokens than davinci-002. For output tokens, davinci-002 is the more affordable option at $2.00/1M vs $7.50.

On context window, Mistral Medium 3.5 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 Mistral Medium 3.5

  • ✓ You need the lowest input token cost ($ 1.50/1M)
  • ✓ You need a larger context window (262,000 tokens)
  • ✓ You are already integrated with Mistral

When to choose davinci-002

  • ✓ Your workload is output-heavy — davinci-002 generates text cheaper
  • ✓ You are already integrated with OpenAI

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 Mistral Medium 3.5 cheaper than davinci-002?

Mistral Medium 3.5 is cheaper on input tokens at $1.50/1M vs $2.00/1M for davinci-002 — a 25% saving.

What is the context window of Mistral Medium 3.5 vs davinci-002?

Mistral Medium 3.5 has a 262,000-token context window. davinci-002 has a 16,384-token context window. Mistral Medium 3.5 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: Mistral Medium 3.5 or davinci-002?

The best choice depends on your use case. For cost efficiency on input tokens, Mistral Medium 3.5 is the cheaper option. For maximum context length, Mistral Medium 3.5 supports 262,000 tokens. Use the comparison table above to find the right fit for your workload.