workhorse

Mistral Large 3 vs Mistral Small Latest

Side-by-side pricing, context window, features, and per-use-case verdict. Data sourced from LiteLLM, updated regularly.

Specifications

Feature Mistral Large 3 Mistral Small Latest
Provider mistral mistral
Model ID mistral/mistral-large-3 mistral/mistral-small-latest
Input / 1M tokens $0.50 $0.06 (88% cheaper)
Output / 1M tokens $1.50 $0.18 (88% cheaper)
Cached input / 1M
Context window 262kk tokens 131kk tokens
Max output 262kk tokens 131kk tokens
Vision
Function calling
Prompt caching
Web search
JSON schema

Monthly cost comparison

No cache discount applied — pure token costs at three usage scales.

Scale Mistral Large 3 Mistral Small Latest Winner
Small
1M in / 0.2M out
$0.80 $0.10 Mistral Small Latest saves 88%
Medium
10M in / 2M out
$8.00 $0.96 Mistral Small Latest saves 88%
Large
100M in / 20M out
$80.00 $9.60 Mistral Small Latest saves 88%

Category winners

Cheapest input
Mistral Small Latest
$0.06/M · 88% less than the other
Cheapest output
Mistral Small Latest
$0.18/M · 88% less than the other
Larger context
Mistral Large 3
262kk tokens · 100% larger window
More features
Mistral Large 3
3 / 5 capabilities (tied)

Better for…

Short interactions & high-throughput APIs
$0.18/M output — 88% cheaper on output at scale
Mistral Small Latest
Long-document processing & large codebases
262k context window vs 131k — 100% larger context
Mistral Large 3
Cost-sensitive production at scale
$9.60/month at 100M-token scale — 88% cheaper than the alternative
Mistral Small Latest

Deep-dive on each model

Pricing data sourced from LiteLLM and refreshed regularly. Always verify with each provider's official pricing page before making business decisions.