Skip to main content

Mistral Medium 3 vs o4-mini Deep Research

Compare Mistral AI and OpenAI AI models

Mistral AI
Mistral Medium 3
vs
OpenAI
o4-mini Deep Research

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

Mistral Medium 3

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

o4-mini Deep Research

Per Request:$0.006000
Daily:$0.60
Monthly:$18.00
Yearly:$219.00

Cost Differences

+$0.004600
Per Request
+$0.46
Daily
+$13.80
Monthly
+$167.90
Yearly

o4-mini Deep Research costs more than Mistral Medium 3

Feature Comparison

FeatureMistral Medium 3o4-mini Deep Research
ProviderMistral AIOpenAI
Input Price$0.40/1M tokens$2.00/1M tokens
Output Price$2.00/1M tokens$8.00/1M tokens
Context Window128,000 tokens200,000 tokens
Max Output16,384 tokens32,768 tokens
Categorybalancedreasoning
Capabilities
textcode
textreasoningcode
Release Date5/7/20256/26/2025

Mistral Medium 3 vs o4-mini Deep Research: Which Should You Choose?

Choosing between Mistral Medium 3 and o4-mini Deep Research depends on your priorities: cost efficiency, context length, or raw capability. Mistral Medium 3 is the more affordable option at $0.40/1M input tokens80% cheaper than o4-mini Deep Research. Meanwhile, o4-mini Deep Research offers a significantly larger context window at 200,000 tokens vs 128,000 for Mistral Medium 3.

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

These models target different tiers: Mistral Medium 3 is a balanced model while o4-mini Deep Research is reasoning. This means they're optimized for different workloads. o4-mini Deep Research targets more demanding workloads, while Mistral Medium 3 provides a cost-effective option for everyday tasks.

Output costs matter too. Mistral Medium 3 charges $2.00/1M output tokens vs $8.00 for o4-mini Deep Research. For generation-heavy workloads (content creation, code generation, summarization), output pricing often dominates your bill. Mistral Medium 3 has the edge here at $2.00/1M output tokens.

Best Use Cases

Choose Mistral Medium 3 when:

  • • Budget is a primary concern
  • • You're already using Mistral AI's API ecosystem

Choose o4-mini Deep Research when:

  • • You need a larger context window (200,000 tokens)
  • • You need more capabilities (reasoning)
  • • You need longer outputs (up to 32,768 tokens)
  • • You're already using OpenAI's API ecosystem

Try Different Scenarios

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

Mistral Medium 3 (Mistral AI)

o4-mini Deep Research (OpenAI)

Start using Mistral Medium 3 today

Sign Up for Mistral AI

Start using o4-mini Deep Research today

Sign Up for OpenAI

Frequently Asked Questions

Which is cheaper, Mistral Medium 3 or o4-mini Deep Research?
Mistral Medium 3 is cheaper for input tokens at $0.40 per million tokens vs $2.00 for o4-mini Deep Research — that's 80% savings on input costs.
What is the context window difference between Mistral Medium 3 and o4-mini Deep Research?
Mistral Medium 3 supports 128,000 tokens while o4-mini Deep Research supports 200,000 tokens — a difference of 72,000 tokens in favor of o4-mini Deep Research.
Which model is better for AI Chatbot?
Both models support text. For ai chatbot, Mistral Medium 3 is the lower-cost option, while o4-mini Deep Research offers a larger context window (200,000 vs 128,000 tokens). Choose Mistral Medium 3 for budget sensitivity or o4-mini Deep Research 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, Mistral Medium 3 costs about $4.20/month and o4-mini Deep Research costs about $18.00/month. Overall, Mistral Medium 3 has lower combined input + output rates ($0.40 in, $2.00 out) vs o4-mini Deep Research.

Related Comparisons

Related Articles