Mistral AI vs OpenRouter

Same workloads, both price lists, refreshed daily. On shared line items today: Mistral AI is cheaper on 2 of 8 shared models (input or output price), OpenRouter on 2.

Mistral AI

European frontier lab with strong small/medium models (and EU data processing), first-party API plus open weights you can self-host commercially..

  • EU-based processing
  • Open weights for self-hosting
  • Strong small models

Visit Mistral AI

OpenRouter

One API key for 340+ models across every major provider, with automatic failover and pass-through pricing. The fastest way to hedge provider risk or A/B models without new integrations.

  • 340+ models, one integration
  • Automatic provider failover
  • Pass-through pricing, small platform fee

Visit OpenRouter

Shared models, priced by both

List prices refreshed 2026-08-23 ยท input $/1M tokens
Model Mistral AI in/out OpenRouter in/out Cheaper input
Mistral Small 4 $0.100 / $0.300 $0.150 / $0.600 Mistral AI
Ministral 8B $0.150 / $0.150 $0.150 / $0.150 tie
Codestral 2508 $0.300 / $0.900 $0.300 / $0.900 tie
Devstral-2512 $0.400 / $2.00 $0.150 / $0.600 OpenRouter
Mistral Medium 3.1 $0.400 / $2.00 $0.400 / $2.00 tie
Mistral Large $0.500 / $1.50 $8.00 / $24.00 Mistral AI
GLM-5.2 $1.40 / $4.40 $0.966 / $3.04 OpenRouter
Mistral Medium 3.5 $1.50 / $7.50 $1.50 / $7.50 tie

Cheaper-on-count is a tally of listed prices, not a quality verdict: throughput, reliability and quantization differ between providers. Disclosure.