GPT-5.4 Image 2 vs Mistral Large 4

Price, context window & benchmark comparison

OpenAI

GPT-5.4 Image 2

OpenAI
$8.00 / $15.00
Input / Output · per 1M tokens
VS
Mistral AI

Mistral Large 4

Mistral AI
$0.70 / $2.10
Input / Output · per 1M tokens
Compare different models
OpenAI
Mistral AI
Verdict: Mistral Large 4 is 9.3× cheaper than GPT-5.4 Image 2 on a typical 3:1 input/output mix. Mistral Large 4 has the larger context window (1M vs 272K).
GPT-5.4 Image 2Mistral Large 4
Input price / 1M$8.00$0.70
Output price / 1M$15.00$2.10
Blended price (3:1)$9.75$1.05
Cached input / 1M$2.00$0.07
Context window272K1M
Max output128K262K
Intelligence index—26.1
Coding index——
Providers—2
Best provider uptime (30m)—100.0%
Vision inputYesYes
ReasoningYesYes
Tool callingNoYes
Released2026-04-212026-10-06
Retirement——

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FAQ

Which is cheaper, GPT-5.4 Image 2 or Mistral Large 4?

Mistral Large 4 is 9.3× cheaper than GPT-5.4 Image 2 on a typical 3:1 input/output mix.

GPT-5.4 Image 2 vs Mistral Large 4: which has a bigger context window?

GPT-5.4 Image 2: 272,000 tokens. Mistral Large 4: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: GPT-5.4 Image 2 ≈ $23,500, Mistral Large 4 ≈ $2,450.

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