DeepSeek V4 Pro vs Mistral Medium 3.1
DeepSeek V4 Pro vs Mistral Medium 3.1: Mistral Medium 3.1 is cheaper for input-heavy usage ($0.40/M vs $0.435/M input tokens), while DeepSeek V4 Pro is better for long-context tasks (1,000,000 tokens).
Direct answer: choose Mistral Medium 3.1 for lower token spend and choose DeepSeek V4 Pro when your workload needs longer context.
Common pricing searches covered on this page: DeepSeek V4 Pro vs Mistral Medium 3.1 • DeepSeek V4 Pro vs Mistral Medium 3.1 pricing • DeepSeek V4 Pro vs Mistral Medium 3.1 API pricing and v4 pro vs medium 3 1 pricing.
Cost Comparison (1000 input + 500 output tokens, 100 requests/day)
DeepSeek V4 Pro
Mistral Medium 3.1
Cost Differences
Mistral Medium 3.1 costs more than DeepSeek V4 Pro
Quick Recommendation
Winner for direct API pricing: DeepSeek V4 Pro. At the default workload, DeepSeek V4 Pro saves about $1.59/month ($19.345/year) versus Mistral Medium 3.1.
Feature Comparison
| Feature | DeepSeek V4 Pro | Mistral Medium 3.1 |
|---|---|---|
| Provider | DeepSeek | Mistral AI |
| Input Price | $0.435/1M tokens | $0.40/1M tokens |
| Output Price | $0.87/1M tokens | $2.00/1M tokens |
| Context Window | 1,000,000 tokens | 131,072 tokens |
| Max Output | 384,000 tokens | 16,384 tokens |
| Category | flagship | balanced |
| Capabilities | textcodereasoning | textcodereasoning |
| Release Date | 4/24/2026 | 8/1/2025 |
DeepSeek V4 Pro vs Mistral Medium 3.1: Which Should You Choose?
Choosing between DeepSeek V4 Pro and Mistral Medium 3.1 depends on your priorities: cost efficiency, context length, or raw capability. DeepSeek V4 Pro is the more affordable option at $0.435/1M input tokens. Meanwhile, DeepSeek V4 Pro offers a significantly larger context window at 1,000,000 tokens vs 131,072 for Mistral Medium 3.1.
These models come from different providers — DeepSeek and Mistral AI — which means different API ecosystems, SDKs, rate limits, and terms of service. If you're already integrated with DeepSeek, switching to Mistral AIinvolves migration effort beyond just pricing. Factor in your existing infrastructure when deciding.
These models target different tiers: DeepSeek V4 Pro is a flagship model while Mistral Medium 3.1 is balanced. This means they're optimized for different workloads. DeepSeek V4 Pro is built for complex tasks that require deeper reasoning, while Mistral Medium 3.1 offers better value for routine operations.
Output costs matter too. DeepSeek V4 Pro charges $0.87/1M 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. DeepSeek V4 Pro has the edge here at $0.87/1M output tokens.
Best Use Cases
Choose DeepSeek V4 Pro when:
- • You need a larger context window (1,000,000 tokens)
- • You need longer outputs (up to 384,000 tokens)
- • You're already using DeepSeek's API ecosystem
Choose Mistral Medium 3.1 when:
- • Budget is a primary concern
- • You're already using Mistral AI's API ecosystem
Pros and Caveats at a Glance
DeepSeek V4 Pro
- • Input pricing: $0.435/M tokens
- • Output pricing: $0.87/M tokens
- • Context window: 1,000,000 tokens
- • Max output: 384,000 tokens
Watch out for
- • Higher input 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
- • Higher output cost than DeepSeek V4 Pro
- • Smaller context window than DeepSeek V4 Pro
Try Different Scenarios
Use the calculator below to see how costs change with different usage patterns
DeepSeek V4 Pro (DeepSeek)
Mistral Medium 3.1 (Mistral AI)
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Sign Up for Mistral AI →Frequently Asked Questions
Which is cheaper, DeepSeek V4 Pro or Mistral Medium 3.1?▼
What is the context window difference between DeepSeek V4 Pro and Mistral Medium 3.1?▼
Which model is better for AI Agent / Agentic Workflows?▼
Which model has better overall pricing for heavy usage?▼
Where can I compare DeepSeek and Mistral AI API pricing beyond this model matchup?▼
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