Mistral Small (latest) API Pricing: Cost Calculator & Real Examples (2026)
Mistral Small (latest) charges $0.15 per 1 million input tokens and $0.60 per 1 million output tokens. But per-token prices don't answer the real question: what will your workload cost per month? Below we compute it for three realistic scenarios — or run your own numbers with Mistral Small (latest) preselected.
| Meter | Price per 1M tokens |
|---|---|
| Input | $0.15 |
| Cached input | — |
| Output | $0.60 |
What does Mistral Small (latest) cost in practice?
| Monthly scenario | Token bill |
|---|---|
| Support chatbot (150k requests, 400 in / 300 out tokens) | $36.00 |
| Document workflow (22k runs, 3,000 in / 400 out tokens) | $15.18 |
| High-volume classifier (1M requests, 300 in / 10 out tokens) | $51.00 |
In the chatbot scenario, output is ~75% of the Mistral Small (latest) bill — capping response length (max tokens) is the most direct optimization. Document workflows are input-heavy, so the input rate dominates there.
Prompt caching savings
Mistral Small (latest) doesn't publish a per-1M cached-input rate, so budget without that discount (or check the provider's batch options).
Is Mistral Small (latest) cheap or expensive?
On the same chatbot workload, Mistral Small (latest) is cheaper than 12 of the 13 models we track (position 2 of 14, cheapest to priciest). The nearest cheaper alternative is Gemini 2.5 Flash-Lite ($24.00/month on the same scenario). One step up: Gemini 2.5 Flash ($130.50/month). The right decision isn't absolute price but the cheapest model that meets your quality bar — test before overpaying.
FAQ
How much does Mistral Small (latest) cost per 1M tokens?
$0.15 per 1M input tokens and $0.60 per 1M output tokens (verified 2026-07-09).
What does a chatbot cost on Mistral Small (latest)?
A 500-active-user chatbot (10 questions/day, 400 input + 300 output tokens per request) costs ~$36.00/month in tokens on Mistral Small (latest). Adjust the assumptions in the calculator.
Prices verified on 2026-07-09 against the provider's official pricing page. Estimates are for planning purposes only — always confirm current pricing with the provider.