Mistral Medium 3.5 vs o4-mini

Mistral AI against OpenAI, costed on the same three workloads. o4-mini is cheaper on all three workloads.

Monthly bill, side by side

WorkloadMistral Medium 3.5o4-miniDifference
Support chatbot
2,500 six-turn conversations a day
$6,041 $3,985 $2,057 (1.5×)
Document summariser
1,000 single-shot summaries a day
$729 $508 $221 (+43%)
Coding agent
200 twelve-turn sessions a day
$4,212 $2,891 $1,321 (+46%)

No prompt caching and no batch discount on either side, so the comparison is like for like. Both figures assume 30 days a month.

The rate cards

Mistral Medium 3.5o4-mini
Input, per 1M tokens$1.5$1.1
Output, per 1M tokens$7.5$4.4
Cached inputnot published$0.275
Context window262K200K
Maximum output262K100K
Reasoning modelnoyes
Visionyesyes

Run this comparison on your own numbers

Full detail: Mistral Medium 3.5 pricing · o4-mini pricing