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Mistral Small 4 pricing

$0.15 per 1M input tokens and $0.60 per 1M output tokens. In real work that is 0.08¢ per chat answer and 0.33¢ to summarize a 20-page PDF.

Official price at Mistral AI: $0.15 / $0.60 per 1M (source, checked Oct 11, 2026).

Input / 1M$0.15
Output / 1M$0.60
Cached input / 1M$0.015
Chat answer0.08¢
Context262K
Quality-

What Mistral Small 4 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
0.08¢$0.83 / 1,000
40 in · 523 out · 854 reasoning89 of 336estimated
Reply to a customer email
0.22¢$2.17 / 1,000
254 in · 599 out · 2,946 reasoning237 of 336estimated
Write a 1,500-word blog post
0.47¢$4.67 / 1,000
55 in · 2,064 out · 5,705 reasoning122 of 336estimated
Write 10 product descriptions
0.19¢$1.89 / 1,000
285 in · 849 out · 2,230 reasoning66 of 336estimated
Translate 1,000 words
0.75¢$7.48 / 1,000
1,349 in · 1,317 out · 10,816 reasoning171 of 336estimated
Proofread one page (500 words)
0.26¢$2.59 / 1,000
731 in · 860 out · 3,281 reasoning174 of 336estimated
Summarize a 20-page PDF
0.33¢$3.31 / 1,000
13,373 in · 151 out · 2,019 reasoning98 of 336estimated
Extract data from an invoice
0.16¢$1.65 / 1,000
374 in · 871 out · 1,784 reasoning138 of 336estimated
Analyze a 200-row spreadsheet
0.71¢$7.14 / 1,000
4,774 in · 4,526 out · 6,174 reasoning86 of 336estimated
Answer from 5 retrieved documents (RAG)
0.25¢$2.48 / 1,000
3,772 in · 210 out · 2,981 reasoning110 of 336estimated
Classify 100 support tickets
0.46¢$4.63 / 1,000
1,274 in · 832 out · 6,565 reasoning135 of 336estimated
Review 500 lines of code
0.62¢$6.17 / 1,000
4,658 in · 1,594 out · 7,522 reasoning100 of 336estimated
Write a SQL query
0.19¢$1.91 / 1,000
121 in · 511 out · 2,647 reasoning150 of 336estimated
Run a 50-step coding agent
13¢$135 / 1,000
2,304,625 in · 15,450 out · 132,350 reasoning72 of 336modeled

Price at every provider

List prices per 1M tokens (input / output) at each host serving Mistral Small 4 through OpenRouter today. Hosts can differ in quantization, context and speed.

ProviderInput / outputCached inputContextUptime
Mistral logo
Mistralunknown
$0.15 / $0.60$0.015262K100%
Mistral logo
Mistralunknown
$0.15 / $0.60$0.015262K100%
Mistral logo
Mistralunknown
$0.17 / $0.66$0.017262K100%
Mistral logo
Mistralunknown
$0.17 / $0.66$0.017262K100%

Price history

First seen in our price history on Mar 23, 2026 at $0.15 input / $0.60 output. The list price has not changed since.

$0$0.17$0.34$0.52$0.69Mar 2026May 2026Jul 2026Aug 2026Oct 2026
Output per 1MInput per 1M

FAQ

How much does Mistral Small 4 cost?

Mistral Small 4 costs $0.15 per 1 million input tokens and $0.60 per 1 million output tokens, with cached input at $0.015 (list price on Oct 18, 2026). In practice one chat answer costs about 0.08¢ and summarizing a 20-page PDF about 0.33¢.

Where is Mistral Small 4 cheapest?

Among 4 providers we track, the lowest list price today is at Mistral: $0.15 input and $0.60 output per 1M tokens.

Does Mistral Small 4 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 Small 4 cost per task measured or estimated?

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