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Mistral Small 4 vs GPT-4o mini

Detailed pricing comparison and cost analysis.

Updated September 2026

Cost Simulator

Mistral Small 4 Cost
$0.27
GPT-4o mini Cost
$0.27
Same cost at this usage
FeatureMistral Small 4GPT-4o mini
ProviderMistralOpenAI
Input Price (1M)$0.15$0.15
Output Price (1M)$0.60$0.60
Context Window131,000128,000

Verdict

Mistral Small 4 costs $0.15 per 1M input tokens and $0.60 per 1M output tokens. GPT-4o mini costs $0.15 per 1M input tokens and $0.60 per 1M output tokens. Mistral Small 4 and GPT-4o mini have identical input token pricing. For output tokens, Mistral Small 4 is the more affordable option at $0.60/1M vs $0.60.

On context window, Mistral Small 4 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 Mistral Small 4

  • ✓ You need a larger context window (131,000 tokens)
  • ✓ You are already integrated with Mistral

When to choose GPT-4o mini

  • ✓ 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 Small 4 cheaper than GPT-4o mini?

Mistral Small 4 and GPT-4o mini have identical input token pricing at $0.15/1M tokens.

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

Mistral Small 4 has a 131,000-token context window. GPT-4o mini has a 128,000-token context window. Mistral Small 4 supports the larger context, suitable for longer documents and agentic workflows.

Which model is better: Mistral Small 4 or GPT-4o mini?

The best choice depends on your use case. For cost efficiency on input tokens, Mistral Small 4 is the cheaper option. For maximum context length, Mistral Small 4 supports 131,000 tokens. Use the comparison table above to find the right fit for your workload.