Mistral API Pricing, Models & Rate Limits (2026)
Mistral is the largest EU-based lab on this site, training everything it serves from the Large flagship down to the edge-class Ministral 8B, plus the code-specialised Codestral. EU hosting is the headline operational differentiator for teams with data-residency constraints.
Models and prices
| Model | Input /M | Output /M | Blended /M |
|---|---|---|---|
| Ministral 8B | $0.15 | $0.15 | $0.15 |
| Mistral Small 3.1 | $0.15 | $0.60 | $0.26 |
| Codestral | $0.30 | $0.90 | $0.45 |
| Mistral Medium 3 | $0.40 | $2.00 | $0.80 |
| Mistral Large 3 | $2.00 | $6.00 | $3.00 |
Speed
Fastest measured Mistral model is Ministral 8B at 158 tokens/sec (210ms TTFT), median across measured Mistral models is 118 tokens/sec. See the full speed benchmark methodology.
Operational facts
Verified 2026-08-08 against source.
| OpenAI-compatible | Yes |
| API base URL | https://api.mistral.ai/v1 |
| Auth model | Bearer API key |
| Prompt caching | Not documented |
| Batch discount | 50% |
| Free tier | Free tier with rate-limited experimentation |
| Rate-limit model | Tier-based, promoted by spend |
| Data residency | EU-hosted by default |
| Trains on API data | No |
| SLA published | Yes |
Switching to and from Mistral
Calling Mistral through All AI Ask
curl https://allaiask.com/api/v1/chat \
-H "Authorization: Bearer $ALLAIASK_API_KEY" \
-H "Content-Type: application/json" \
-d '{"model": "ministral-8b", "messages": [{"role": "user", "content": "Hello"}]}'FAQ
Is Mistral OpenAI-compatible?
Yes — Mistral's API base (https://api.mistral.ai/v1) accepts the OpenAI SDK request/response shape, so existing OpenAI client code works with a base-URL and key swap.
Does Mistral support prompt caching?
Not documented as of 2026-08-08 — we did not find a published prompt-caching feature for Mistral. If that changes, this page updates.
Does Mistral have a free tier?
Yes — Free tier with rate-limited experimentation.
How much does the Mistral API cost?
Current Mistral models range from $0.15 to $3.00 per million blended tokens (3:1 input:output). Full per-model pricing is in the table below.
Where is Mistral API data hosted?
EU-hosted by default