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GPT-4o mini vs Mistral Medium 3

GPT-4o mini vs Mistral Medium 3: GPT-4o mini is cheaper for input-heavy usage ($0.15/M vs $0.40/M input tokens), while GPT-4o mini is better for long-context tasks (128,000 tokens).

Direct answer: choose GPT-4o mini for lower token spend and choose GPT-4o mini 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.

OpenAI
GPT-4o mini
vs
Mistral AI
Mistral Medium 3

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

GPT-4o mini

Per Request:$0.000450
Daily:$0.045
Monthly:$1.35
Yearly:$16.425

Mistral Medium 3

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

Cost Differences

+$0.000950
Per Request
+$0.095
Daily
+$2.85
Monthly
+$34.675
Yearly

Mistral Medium 3 costs more than GPT-4o mini

Quick Recommendation

Winner for direct API pricing: GPT-4o mini. At the default workload, GPT-4o mini saves about $2.85/month ($34.675/year) versus Mistral Medium 3.

Feature Comparison

FeatureGPT-4o miniMistral Medium 3
ProviderOpenAIMistral AI
Input Price$0.15/1M tokens$0.40/1M tokens
Output Price$0.60/1M tokens$2.00/1M tokens
Context Window128,000 tokens128,000 tokens
Max Output16,384 tokens16,384 tokens
Categoryefficientbalanced
Capabilities
textvision
textcode
Release Date7/18/20245/7/2025

GPT-4o mini vs Mistral Medium 3: Which Should You Choose?

Choosing between GPT-4o mini and Mistral Medium 3 depends on your priorities: cost efficiency, context length, or raw capability. GPT-4o mini is the more affordable option at $0.15/1M input tokens63% cheaper than Mistral Medium 3.

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: GPT-4o mini is a efficient model while Mistral Medium 3 is balanced. This means they're optimized for different workloads. Mistral Medium 3 targets more demanding workloads, while GPT-4o mini provides a cost-effective option for everyday tasks.

Output costs matter too. GPT-4o mini charges $0.60/1M output tokens vs $2.00 for Mistral Medium 3. For generation-heavy workloads (content creation, code generation, summarization), output pricing often dominates your bill. GPT-4o mini has the edge here at $0.60/1M output tokens.

Multimodal capabilities: GPT-4o mini supports vision (image inputs) while Mistral Medium 3 is text-only. If your application needs image understanding, this narrows your choice.

Best Use Cases

Choose GPT-4o mini when:

  • • Budget is a primary concern
  • • You're already using OpenAI's API ecosystem
  • • You're running high-volume, latency-sensitive workloads

Choose Mistral Medium 3 when:

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

Pros and Caveats at a Glance

GPT-4o mini

  • Input pricing: $0.15/M tokens
  • Output pricing: $0.60/M tokens
  • Context window: 128,000 tokens
  • Max output: 16,384 tokens

Watch out for

  • Trade-offs are minor in this matchup.

Mistral Medium 3

  • Input pricing: $0.40/M tokens
  • Output pricing: $2.00/M tokens
  • Context window: 128,000 tokens
  • Max output: 16,384 tokens

Watch out for

  • Higher input cost than GPT-4o mini
  • Higher output cost than GPT-4o mini

Try Different Scenarios

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

GPT-4o mini (OpenAI)

Mistral Medium 3 (Mistral AI)

Start using GPT-4o mini today

Sign Up for OpenAI

Start using Mistral Medium 3 today

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Frequently Asked Questions

Which is cheaper, GPT-4o mini or Mistral Medium 3?
GPT-4o mini is cheaper for input tokens at $0.15 per million tokens vs $0.40 for Mistral Medium 3 — that's 63% savings on input costs.
What is the context window difference between GPT-4o mini and Mistral Medium 3?
GPT-4o mini supports 128,000 tokens while Mistral Medium 3 supports 128,000 tokens — a difference of 0 tokens in favor of GPT-4o mini.
Which model is better for AI Chatbot?
Both models support text. For ai chatbot, GPT-4o mini is the lower-cost option, while GPT-4o mini offers a larger context window (128,000 vs 128,000 tokens). Choose GPT-4o mini for budget sensitivity or GPT-4o 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, GPT-4o mini costs about $1.35/month and Mistral Medium 3 costs about $4.20/month. Overall, GPT-4o mini has lower combined input + output rates ($0.15 in, $0.60 out) vs Mistral Medium 3.
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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