Mistral Small 3 vs Mistral Large 3

Detailed pricing comparison and cost analysis.

Updated March 2026

Cost Simulator

Mistral Small 3 Cost
$0.05
Mistral Large 3 Cost
$0.80
Mistral Small 3 is 94% cheaper
FeatureMistral Small 3Mistral Large 3
ProviderMistralMistral
Input Price (1M)$0.03$0.50
Output Price (1M)$0.11$1.50
Context Window33,000262,000

Verdict

Mistral Small 3 costs $0.03 per 1M input tokens and $0.11 per 1M output tokens. Mistral Large 3 costs $0.50 per 1M input tokens and $1.50 per 1M output tokens. Mistral Small 3 is 94% cheaper on input tokens than Mistral Large 3. For output tokens, Mistral Small 3 is the more affordable option at $0.11/1M 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 Mistral Small 3

  • ✓ You need the lowest input token cost ($ 0.03/1M)
  • ✓ Your workload is output-heavy — Mistral Small 3 generates text cheaper
  • ✓ You are already integrated with Mistral

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.