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Claude Haiku 4.5 vs Mistral Medium 3.1

Claude Haiku 4.5 vs Mistral Medium 3.1: Mistral Medium 3.1 is cheaper for input-heavy usage ($0.40/M vs $1.00/M input tokens), while Claude Haiku 4.5 is better for long-context tasks (200,000 tokens).

Direct answer: choose Mistral Medium 3.1 for lower token spend and choose Claude Haiku 4.5 when your workload needs longer context.

Compare input and output token pricing, context windows, and monthly cost estimates on one page so you can pick the cheaper model fast.

Anthropic
Claude Haiku 4.5
vs
Mistral AI
Mistral Medium 3.1

Cost Comparison (1000 input + 500 output tokens, 100 requests/day)

Claude Haiku 4.5

Per Request:$0.003500
Daily:$0.35
Monthly:$10.50
Yearly:$127.75

Mistral Medium 3.1

Per Request:$0.001400
Daily:$0.14
Monthly:$4.20
Yearly:$51.10

Cost Differences

$0.002100
Per Request
$0.21
Daily
$6.30
Monthly
$76.65
Yearly

Mistral Medium 3.1 costs less than Claude Haiku 4.5

Quick Recommendation

Winner for direct API pricing: Mistral Medium 3.1. At the default workload, Mistral Medium 3.1 saves about $6.30/month ($76.65/year) versus Claude Haiku 4.5.

Feature Comparison

FeatureClaude Haiku 4.5Mistral Medium 3.1
ProviderAnthropicMistral AI
Input Price$1.00/1M tokens$0.40/1M tokens
Output Price$5.00/1M tokens$2.00/1M tokens
Context Window200,000 tokens131,072 tokens
Max Output64,000 tokens16,384 tokens
Categoryefficientbalanced
Capabilities
textvision
textcodereasoning
Release Date10/15/20258/1/2025

Claude Haiku 4.5 vs Mistral Medium 3.1: Which Should You Choose?

Choosing between Claude Haiku 4.5 and Mistral Medium 3.1 depends on your priorities: cost efficiency, context length, or raw capability. Mistral Medium 3.1 is the more affordable option at $0.40/1M input tokens60% cheaper than Claude Haiku 4.5. Meanwhile, Claude Haiku 4.5 offers a significantly larger context window at 200,000 tokens vs 131,072 for Mistral Medium 3.1.

These models come from different providers — Anthropic and Mistral AI — which means different API ecosystems, SDKs, rate limits, and terms of service. If you're already integrated with Anthropic, switching to Mistral AIinvolves migration effort beyond just pricing. Factor in your existing infrastructure when deciding.

These models target different tiers: Claude Haiku 4.5 is a efficient model while Mistral Medium 3.1 is balanced. This means they're optimized for different workloads. Mistral Medium 3.1 targets more demanding workloads, while Claude Haiku 4.5 provides a cost-effective option for everyday tasks.

Output costs matter too. Claude Haiku 4.5 charges $5.00/1M output tokens vs $2.00 for Mistral Medium 3.1. For generation-heavy workloads (content creation, code generation, summarization), output pricing often dominates your bill. Mistral Medium 3.1 has the edge here at $2.00/1M output tokens.

Multimodal capabilities: Claude Haiku 4.5 supports vision (image inputs) while Mistral Medium 3.1 is text-only. If your application needs image understanding, this narrows your choice.

Best Use Cases

Choose Claude Haiku 4.5 when:

  • • You need a larger context window (200,000 tokens)
  • • You need longer outputs (up to 64,000 tokens)
  • • You're already using Anthropic's API ecosystem
  • • You're running high-volume, latency-sensitive workloads

Choose Mistral Medium 3.1 when:

  • • Budget is a primary concern
  • • You need more capabilities (code, reasoning)
  • • You're already using Mistral AI's API ecosystem

Pros and Caveats at a Glance

Claude Haiku 4.5

  • Input pricing: $1.00/M tokens
  • Output pricing: $5.00/M tokens
  • Context window: 200,000 tokens
  • Max output: 64,000 tokens

Watch out for

  • Higher input cost than Mistral Medium 3.1
  • Higher output cost than Mistral Medium 3.1

Mistral Medium 3.1

  • Input pricing: $0.40/M tokens
  • Output pricing: $2.00/M tokens
  • Context window: 131,072 tokens
  • Max output: 16,384 tokens

Watch out for

  • Smaller context window than Claude Haiku 4.5

Try Different Scenarios

Use the calculator below to see how costs change with different usage patterns

Claude Haiku 4.5 (Anthropic)

Mistral Medium 3.1 (Mistral AI)

Start using Claude Haiku 4.5 today

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Start using Mistral Medium 3.1 today

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Frequently Asked Questions

Which is cheaper, Claude Haiku 4.5 or Mistral Medium 3.1?
Mistral Medium 3.1 is cheaper for input tokens at $0.40 per million tokens vs $1.00 for Claude Haiku 4.5 — that's 60% savings on input costs.
What is the context window difference between Claude Haiku 4.5 and Mistral Medium 3.1?
Claude Haiku 4.5 supports 200,000 tokens while Mistral Medium 3.1 supports 131,072 tokens — a difference of 68,928 tokens in favor of Claude Haiku 4.5.
Which model is better for AI Chatbot?
Both models support text. For ai chatbot, Mistral Medium 3.1 is the lower-cost option, while Claude Haiku 4.5 offers a larger context window (200,000 vs 131,072 tokens). Choose Mistral Medium 3.1 for budget sensitivity or Claude Haiku 4.5 for longer context tasks.
Which model has better overall pricing for heavy usage?
At 100 requests/day with 1,000 input and 500 output tokens each, Claude Haiku 4.5 costs about $10.50/month and Mistral Medium 3.1 costs about $4.20/month. Overall, Mistral Medium 3.1 has lower combined input + output rates ($0.40 in, $2.00 out) vs Claude Haiku 4.5.
Where can I compare Anthropic and Mistral AI API pricing beyond this model matchup?
See the Anthropic vs Mistral AI provider comparison page for lineup-level averages, then review each model page for exact per-token rates.

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