Mistral Medium 3.1 vs Mistral Large: token pricing & cost compared (July 2026)

How Mistral Medium 3.1 (Mistral) and Mistral Large (Mistral) actually compare on price — input, output, and total monthly cost at the MAU you care about. Updated against live OpenRouter pricing.

Mistral

Mistral Medium 3.1

Input: $0.40 / 1M tokens
Output: $2.00 / 1M tokens
Output / Input ratio: 5.0×
Context window: 131.072K

Mistral

Mistral Large

Input: $2.00 / 1M tokens
Output: $6.00 / 1M tokens
Output / Input ratio: 3.0×
Context window: 128K

The short answer

Mistral Medium 3.1 is cheaper across the board for typical workloads.

Token pricing side-by-side

Mistral Medium 3.1
Mistral Large

Cost at your usage

Avg input tokens / call

Avg output tokens / call

Calls per active user / day: 5

Active days / month: 20

MAU: 1,000

Mistral Medium 3.1

Per call

$0.00120

Per user / mo

$0.1200

Total / mo

$120

Mistral Large

Per call

$0.00400

Per user / mo

$0.4000

Total / mo

$400

Mistral Medium 3.1 is cheaper by $0.2800/user/month — a saving of $280/month at 1,000 MAU.

Total monthly bill across MAU

Mistral Medium 3.1
Mistral Large

Same usage profile applied to both models; only the per-token price differs.

Run this against your real numbers

The mini-calculator above is a preview. Use the full tools to model power-user blast radius, gross margin, and 12-month spend forecasts.

Other comparisons

Mistral Medium 3.1 vs GPT-4o mini Mistral Large vs Mixtral 8x22B

Comparing Mistral Medium 3.1 vs Mistral Large on price alone never tells the whole story — output-token weighting, context length, and your usage profile change the answer dramatically. Use the calculators below for the full picture.