mistral-medium-3 pricing

mistral-medium-3 costs $0.40 per 1M input tokens and $2.00 per 1M output tokens as of 2026-09-12. A workload of 10M input and 2M output tokens per month runs $8.00. The cheapest comparable alternative is gpt-5-nano at $1.20 per 1M output tokens.

mistral-medium-3 is priced at $0.40 per 1M input tokens and $2.00 per 1M output tokens, with roughly 200 ms to first token and about 85 tokens/sec output throughput.

Last updated . Model pricing is refreshed twice daily.

Price per 1M tokens

Input $0.40 · Output $2.00 · Output/input ratio 5.0x.

  • 1M input + 1M output tokens: $2.40
  • 10M input + 2M output tokens/month: $8.00
  • 100M input + 20M output tokens/month: $80.00

Cheaper alternatives to mistral-medium-3

Same workload, lower output price. Validate quality before switching.

  • gpt-4o-mini — $1.50/1M output (25% cheaper)
  • glm-5.2 — $1.40/1M output (30% cheaper)
  • claude-3-haiku — $1.25/1M output (38% cheaper)
  • gpt-5-nano — $1.20/1M output (40% cheaper)

How much are you wasting on mistral-medium-3?

Price lists are the easy part. Run the free waste scanner on your usage export to see which calls should have run on a cheaper tier, which prompts are oversized, and which retries you paid for twice — with dollars recoverable per finding.

Frequently asked questions

How much does mistral-medium-3 cost per million tokens?

$0.40 per 1M input tokens and $2.00 per 1M output tokens, as listed on 2026-09-12.

What does mistral-medium-3 cost per month at typical usage?

At 10M input and 2M output tokens per month, mistral-medium-3 costs about $8.00. At 100M input and 20M output tokens it costs about $80.00.

Is there a cheaper alternative to mistral-medium-3?

Yes. gpt-4o-mini at $1.50/1M output, glm-5.2 at $1.40/1M output, claude-3-haiku at $1.25/1M output, gpt-5-nano at $1.20/1M output. Validate quality on your own evaluation set before switching.

How fast is mistral-medium-3?

Roughly 200 ms to first token and about 85 output tokens per second.