Mistral through the API

Mistral AI from Paris is the main European model house: frontier quality with EU hosting and a sharp pricing policy. For teams where "processed within the EU" is on the requirements list, Mistral is often the first choice among the closed vendors.

Rates per million tokens

Mistral Large 2: $2 input / $6 output per million tokens. Mistral Medium 3: $0.40 / $2. Mistral Small 3.1: $0.10 / $0.30 (open weights). Codestral (code): $0.30 / $0.90. Context window 128k-256k. The whole line sits below the US frontier prices.

Where Mistral is strongest

Large 2 is the strongest European frontier model: strong in code and multilinguality, competitive with the US models on most tasks. Small 3.1 is one of the best price/quality choices in the entire market — a full European model for $0.10 per million input tokens. Codestral specialises in code completion and generation.

The EU story, told properly

Mistral processes in the EU and is itself a European entity. That makes the GDPR assessment towards your DPO comparatively simple: no transfer outside the EEA, EU contract, European jurisdiction. For healthcare, government and finance that is often decisive.

Mistral via Gatewaybird

Mistral models are core to the Gatewaybird offering, callable via the same OpenAI-compatible endpoint as the US and open models next to it. One key, one invoice in euros, and per model visibility over where processing happens.

Frequently asked questions

What does the Mistral API cost?

Large 2: $2/$6 per million input/output tokens. Medium 3: $0.40/$2. Small 3.1: $0.10/$0.30. Codestral: $0.30/$0.90. Prices from Mistral, August 2026.

Is Mistral as good as GPT-5?

Competitive on most production tasks; on the very hardest reasoning tasks the US top is still ahead. For multilingual tasks and code, Mistral Large is strong, and the EU hosting is an advantage the US models do not offer.

Does Mistral process my data in the EU?

Yes, Mistral processes API traffic within the EU and is a European entity. That makes it one of the cleanest options for GDPR-sensitive use cases.

Is Mistral cheaper than OpenAI?

The whole Mistral line sits below the OpenAI frontier prices; Small 3.1 is over 12x cheaper than GPT-5 on input. Compare in the price comparison.

Compare Mistral rates

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