Mistral Medium 3.5
A 128B dense open-weight multimodal model handling reasoning, coding, and vision in one set of weights — frontier-adjacent coding at mid-tier prices, self-hostable under a modified MIT license.
Ultra-cheap multimodal model for massive-volume, low-complexity pipelines.
Ultra-high-volume classification, summarisation, and lightweight vision tasks
You need reliable multi-step reasoning or coding quality — it won't hold up.
At $0.10/1M input, the cost question disappears. The only question is whether the task complexity exceeds what Mistral Small can handle.
One of the cheapest models in the directory at $0.10/1M input
Multimodal — handles images alongside text at this price point
Fast and efficient for simple, well-defined tasks
Weak on complex reasoning, hard coding, and nuanced writing
Not suitable for tasks requiring deep context retention or multi-step logic
Limited to simpler use cases compared to Codestral or DeepSeek V3
What people actually use Mistral Small 3.1 for.
Bulk document classification and tagging pipelines at near-zero cost
Image description and OCR-adjacent tasks where full multimodal models are overkill
High-frequency lightweight summarisation in cost-sensitive products
The nearest models people weigh against it, and what actually separates them.
vs Mistral Medium 3.5 — Against Mistral Medium 3.5 (Mistral), Mistral Small 3.1 runs about 96% cheaper per token, gives up 2x on context and answers faster. Take Mistral Small 3.1 unless you specifically need what Mistral Medium 3.5 does better.
vs GPT-6 Astra — Against GPT-6 Astra (OpenAI), Mistral Small 3.1 runs about 99% cheaper per token, gives up 8.2x on context and answers faster. Take Mistral Small 3.1 unless you specifically need what GPT-6 Astra does better.
vs GPT-5.2 Mini — Against GPT-5.2 Mini (OpenAI), Mistral Small 3.1 runs about 93% cheaper per token and answers faster. Take Mistral Small 3.1 unless you specifically need what GPT-5.2 Mini does better.
Price History
→0% since May 30
90 data points · tracked daily since May 30, 2026
Ultra-high-volume classification, summarisation, and lightweight vision tasks. Start free — no card required.
Recommendations are made independently based on real-world use and public benchmarks. See our disclosures for details.
Similar models worth checking before you commit.
A 128B dense open-weight multimodal model handling reasoning, coding, and vision in one set of weights — frontier-adjacent coding at mid-tier prices, self-hostable under a modified MIT license.
OpenAI's September 3, 2026 frontier release — the first GPT-6 model and OpenAI's answer to Claude Fable 5.1 two days earlier. State of the art on computer use (OSWorld 2.0 72.6% in ~47% less time than GPT-5.6 Sol), agentic coding (Terminal-Bench 4.0 57.9%), and frontier math (FrontierMath Tier 4 97.6%). $10/$50 per 1M tokens, 1.05M context, 128K output, knowledge cutoff April 30, 2026.
Lower-cost OpenAI model that keeps a solid balance of usefulness, speed, and affordability for everyday tasks.
Mistral Small 3.1 costs $0.1 per million input tokens and $0.3 per million output tokens on the API. A month of 10M input and 2M output tokens runs about $1.60 at list price, before any batch or caching discounts.
Mistral Small 3.1 is best for ultra-high-volume classification, summarisation, and lightweight vision tasks. It is a strong fit when that workflow matters more than the tradeoffs around budget pricing and very fast speed.
You need reliable multi-step reasoning or coding quality — it won't hold up.
GPT-5.6 Terra (OpenAI) at $2.00/1M/1M input against Mistral Small 3.1's $0.10/1M/1M. Best OpenAI value — near-flagship capability at 60% off. Compare it first if Mistral Small 3.1's pricing is the thing stopping you.
Mistral Medium 3.5 — balanced against Mistral Small 3.1's very fast, with 256k tokens of context. Worth the swap when response time is what your users notice rather than the last few points of reasoning depth.
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