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Codex Mini vs Magistral Medium

Pricing verdict: Codex Mini vs Magistral Medium: Codex Mini is cheaper for input-heavy usage ($1.50/M vs $2.00/M input tokens), while Codex Mini is better for long-context tasks (200,000 tokens).

Direct answer: choose Codex Mini for lower token spend and choose Codex Mini when your workload needs longer context.

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

OpenAI
Codex Mini
vs
Mistral AI
Magistral Medium

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

Codex Mini

Per Request:$0.004500
Daily:$0.45
Monthly:$13.50
Yearly:$164.25

Magistral Medium

Per Request:$0.004500
Daily:$0.45
Monthly:$13.50
Yearly:$164.25

Cost Differences

$0.00
Per Request
$0.00
Daily
$0.00
Monthly
$0.00
Yearly

Both models cost the same at the default workload.

Quick Recommendation

Direct API pricing is a tie at the default workload: both land around $13.50/month. Pick Codex Mini if you need the larger 200K context window; otherwise choose the model that better fits your workflow.

Feature Comparison

FeatureCodex MiniMagistral Medium
ProviderOpenAIMistral AI
Input Price$1.50/1M tokens$2.00/1M tokens
Output Price$6.00/1M tokens$5.00/1M tokens
Context Window200,000 tokens128,000 tokens
Max Output32,768 tokens32,768 tokens
Categoryefficientreasoning
Capabilities
textcodereasoning
textreasoning
Release Date2/2/202612/15/2025

Codex Mini vs Magistral Medium: Which Should You Choose?

Choosing between Codex Mini and Magistral Medium depends on your priorities: cost efficiency, context length, or raw capability. Codex Mini is the more affordable option at $1.50/1M input tokens — 25% cheaper than Magistral Medium. Meanwhile, Codex Mini offers a significantly larger context window at 200,000 tokens vs 128,000 for Magistral Medium.

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

These models target different tiers: Codex Mini is a efficient model while Magistral Medium is reasoning. This means they're optimized for different workloads. Magistral Medium targets more demanding workloads, while Codex Mini provides a cost-effective option for everyday tasks.

Output costs matter too. Codex Mini charges $6.00/1M output tokens vs $5.00 for Magistral Medium. For generation-heavy workloads (content creation, code generation, summarization), output pricing often dominates your bill. Magistral Medium has the edge here at $5.00/1M output tokens.

Best Use Cases

Choose Codex Mini when:

  • • Budget is a primary concern
  • • You need a larger context window (200,000 tokens)
  • • You need more capabilities (code)
  • • You're already using OpenAI's API ecosystem
  • • You're running high-volume, latency-sensitive workloads

Choose Magistral Medium when:

  • • You're already using Mistral AI's API ecosystem

Pros and Caveats at a Glance

Codex Mini

  • Input pricing: $1.50/M tokens
  • Output pricing: $6.00/M tokens
  • Context window: 200,000 tokens
  • Max output: 32,768 tokens

Watch out for

  • Higher output cost than Magistral Medium

Magistral Medium

  • Input pricing: $2.00/M tokens
  • Output pricing: $5.00/M tokens
  • Context window: 128,000 tokens
  • Max output: 32,768 tokens

Watch out for

  • Higher input cost than Codex Mini
  • Smaller context window than Codex Mini

Try Different Scenarios

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

Codex Mini (OpenAI)

Magistral Medium (Mistral AI)

Start using Codex Mini today

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Start using Magistral Medium today

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Frequently Asked Questions

Which is cheaper, Codex Mini or Magistral Medium?
Codex Mini is cheaper for input tokens at $1.50 per million tokens vs $2.00 for Magistral Medium — that's 25% savings on input costs.
What is the context window difference between Codex Mini and Magistral Medium?
Codex Mini supports 200,000 tokens while Magistral Medium supports 128,000 tokens — a difference of 72,000 tokens in favor of Codex Mini.
Which model is better for AI Chatbot?
Both models support text. For ai chatbot, Magistral Medium is the lower-cost option, while Codex Mini offers a larger context window (200,000 vs 128,000 tokens). Choose Magistral Medium for budget sensitivity or Codex Mini 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, both models land at about $13.50/month. There is no direct price winner at this workload, so decide based on context window, capabilities, and provider fit.
Where can I compare OpenAI and Mistral AI API pricing beyond this model matchup?
See the OpenAI vs Mistral AI provider comparison page for lineup-level averages, then review each model page for exact per-token rates.

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