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Mistral Medium 3.5 pricing

$1.50 per 1M input tokens and $7.50 per 1M output tokens. In real work that is 1.0¢ per chat answer and 3.6¢ to summarize a 20-page PDF.

Official price at Mistral AI: $1.50 / $7.50 per 1M (source, verified Oct 18, 2026).

Input / 1M$1.50
Output / 1M$7.50
Cached input / 1Mn/a
Chat answer1.0¢
Context262K
Quality1426 lmarena

What Mistral Medium 3.5 costs per task

Token counts estimated from a measured model of the same lab (Mistral Large 4), rescaled by tokenizer. Reasoning tokens are billed as output.

TaskCostTokens usedPrice rankBasis
Answer a chat question
1.0¢$10.39 / 1,000
40 in · 523 out · 854 reasoning281 of 336estimated
Reply to a customer email
2.7¢$26.97 / 1,000
254 in · 599 out · 2,946 reasoning330 of 336estimated
Write a 1,500-word blog post
5.8¢$58.35 / 1,000
55 in · 2,064 out · 5,705 reasoning303 of 336estimated
Write 10 product descriptions
2.4¢$23.52 / 1,000
285 in · 849 out · 2,230 reasoning277 of 336estimated
Translate 1,000 words
9.3¢$93.02 / 1,000
1,349 in · 1,317 out · 10,816 reasoning316 of 336estimated
Proofread one page (500 words)
3.2¢$32.15 / 1,000
731 in · 860 out · 3,281 reasoning311 of 336estimated
Summarize a 20-page PDF
3.6¢$36.33 / 1,000
13,373 in · 151 out · 2,019 reasoning277 of 336estimated
Extract data from an invoice
2.0¢$20.47 / 1,000
374 in · 871 out · 1,784 reasoning304 of 336estimated
Analyze a 200-row spreadsheet
8.7¢$87.41 / 1,000
4,774 in · 4,526 out · 6,174 reasoning281 of 336estimated
Answer from 5 retrieved documents (RAG)
3.0¢$29.59 / 1,000
3,772 in · 210 out · 2,981 reasoning303 of 336estimated
Classify 100 support tickets
5.7¢$57.39 / 1,000
1,274 in · 832 out · 6,565 reasoning314 of 336estimated
Review 500 lines of code
7.5¢$75.36 / 1,000
4,658 in · 1,594 out · 7,522 reasoning276 of 336estimated
Write a SQL query
2.4¢$23.87 / 1,000
121 in · 511 out · 2,647 reasoning304 of 336estimated
Run a 50-step coding agent
$4.57$4,565 / 1,000
2,304,625 in · 15,450 out · 132,350 reasoning314 of 336modeled

Price at every provider

List prices per 1M tokens (input / output) at each host serving Mistral Medium 3.5 through OpenRouter today. Hosts can differ in quantization, context and speed.

ProviderInput / outputCached inputContextUptime
Mistral logo
Mistralunknown
$1.50 / $7.50-262K100%
Mistral logo
Mistralunknown
$1.50 / $7.50-262K100%
Mistral logo
Mistralunknown
$1.65 / $8.25-262K

Price history

First seen in our price history on May 13, 2026 at $1.50 input / $7.50 output. The list price has not changed since.

$0$2.16$4.31$6.47$8.62May 2026Jun 2026Jul 2026Sep 2026Oct 2026
Output per 1MInput per 1M

FAQ

How much does Mistral Medium 3.5 cost?

Mistral Medium 3.5 costs $1.50 per 1 million input tokens and $7.50 per 1 million output tokens (list price on Oct 18, 2026). In practice one chat answer costs about 1.0¢ and summarizing a 20-page PDF about 3.6¢.

Where is Mistral Medium 3.5 cheapest?

Among 3 providers we track, the lowest list price today is at Mistral: $1.50 input and $7.50 output per 1M tokens.

Does Mistral Medium 3.5 charge for reasoning tokens?

Yes. Reasoning (thinking) tokens are billed as output tokens. That is why the cost per task can be much higher than the visible answer suggests - our task costs include them.

Is the Mistral Medium 3.5 cost per task measured or estimated?

Estimated: Mistral Medium 3.5 was not run directly. Tokens come from Mistral Large 4 and are rescaled by the tokenizer of Mistral. Real usage can differ.