Mistral Small 4 API pricing

7 providers serve Mistral Small 4. Mistral Small 4 is a proprietary API model, up to 262K context. Prices below are per 1M tokens, cheapest input first.

Refreshed 2026-08-23 · list prices from provider APIs
Input floor $0.100/1M at Mistral AI, Vercel AI Gateway and IBM watsonx Output floor $0.300/1M at Mistral AI, Vercel AI Gateway and IBM watsonx Find your workload winner →
Provider Input $/1M Output $/1M Cache read $/1M Context
Mistral AI $0.100 $0.300output floor - 32K Use
Vercel AI Gateway $0.100 $0.300 - 32K Use
IBM watsonx $0.100 $0.300 - 32K Use
OpenRouter marketplace quote $0.150 $0.600 $0.015 262K Use
Azure AI Foundry $1.00 $3.00 - 32K Use
AWS Bedrock $1.00 $3.00 - 32K Use
Google Vertex AI $1.00 $3.00 - 128K Use

The cheapest way to run Mistral Small 4

On an illustrative 70M-input / 30M-output monthly workload, today's lowest listed cost is roughly $16.00/month — the same at Mistral AI, Vercel AI Gateway and IBM watsonx. Input-heavy, output-heavy and cache-heavy workloads can produce different winners. Use the live mix calculator below rather than combining floors from two different providers. It is API-only, so the table above is your full set of options. Run your own numbers in the breakeven calculator, or read the breakeven math.

Your actual monthly cost

Uses today's list prices

Cache read uses the listed cache rate where available; otherwise it falls back to normal input price. Batch, write-cache, volume and negotiated discounts are excluded.

Related models

ModelCheapest in $/1MCheapest out $/1MProviders
Mistral Nemo $0.019 $0.030 9
Mistral Large $0.500 $1.50 7
Mistral-7b $0.070 $0.130 4
Mistral Small 3.2 24B $0.075 $0.200 4
Mistral-Large-3 $0.500 $1.20 3
Mistral-Medium $0.400 $2.00 3

FAQ

What is the cheapest API for Mistral Small 4?

As of 2026-08-23, the lowest input price for Mistral Small 4, $0.100 per 1M tokens, is the same list price at Mistral AI, Vercel AI Gateway and IBM watsonx. The lowest output price, $0.300 per 1M tokens, is likewise shared by the same providers. The cheapest provider for a real workload depends on its input/output mix. The next-lowest input price is OpenRouter at $0.150, a 50% difference.

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