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Mistral Small API pricing

As of October 16, 2026, Mistral Small costs $0.15 per million input tokens and $0.60 per million output tokens on the Mistral API. Cached input is $0.015 per million.

It is the 6th cheapest of 12 Mistral AI models tracked here, by blended price. The closest Budget-tier model from another provider is GPT-4o Mini (OpenAI) at $0.15 / $0.60, the same blended price. Same list price as GPT-4o Mini. First listed in the LiteLLM price data on December 14, 2023. Its price has been cut 2 times and raised 0 times since.

Input / 1M tokens$0.15
Output / 1M tokens$0.60
Context window262K
Max output262K

Every published rate

RatePer 1M tokens
Input (standard)$0.15
Output (standard)$0.60
Cached input (read)$0.015

What it costs in practice

TaskTokensPer requestPer 1,000 requests
Chatbot reply1,000 in / 500 out$0.00045$0.45
Summarize a long document20,000 in / 1,000 out$0.0036$3.60
Coding agent step50,000 in / 2,000 out$0.0087$8.70

Standard rates, no caching or batch discount. Compare your own numbers across all models →

Price history

DateModelChange
2026-08-20Mistral SmallContext window: 131K → 262K (+100%) source
2026-08-20Mistral SmallName now points to a newer version: $0.06 / $0.18 → $0.15 / $0.6 source
2026-08-11Mistral SmallNew model listed: $0.06 in / $0.18 out source
2026-03-02Mistral SmallRemoved from listings source
2025-03-10Mistral SmallOutput price: $3.00 → $0.30 (-90%) source
2025-03-10Mistral SmallInput price: $1.00 → $0.10 (-90%) source
2024-05-31Mistral SmallOutput price: $6.00 → $3.00 (-50%) source
2024-05-31Mistral SmallInput price: $2.00 → $1.00 (-50%) source
2024-03-23Mistral SmallContext window: – → 32K source
2024-03-19Mistral SmallName now points to a newer version: $0.66 / $1.97 → $2 / $6 source
2023-12-14Mistral SmallNew model listed: $0.66 in / $1.97 out source

Dates are when each change first appeared in the LiteLLM price data, usually within days of the provider's announcement.

Details

ProviderMistral
Price tierBudget
FeaturesVision, Reasoning, Tool use
API model namesmistral-small-2603, mistral-small-latest
Official pricingdocs.mistral.ai

Models at a similar price

ModelInput / 1MOutput / 1M
GPT-6 Luna$0.10$0.50
Ministral 3 14B$0.20$0.20
Mistral Tiny$0.25$0.25
GPT-4o Mini$0.15$0.60
Open Mistral Nemo$0.30$0.30
DeepSeek V3.2$0.28$0.40

Other Mistral models

ModelInput / 1MOutput / 1M
Mistral Medium 3$1.50$7.50
Mistral Medium 3.5$1.50$7.50
Mistral Large 4$0.68$2.09
Mistral Large 3$0.50$1.50
Codestral$0.30$0.90
Open Mistral Nemo$0.30$0.30
Mistral Tiny$0.25$0.25
Ministral 3 14B$0.20$0.20
Voxtral Small$0.10$0.40
Ministral 3 8B$0.15$0.15
Ministral 3 3B$0.10$0.10