MiniMax M3 vs Mistral Large 4

Price, context window & benchmark comparison

MiniMax

MiniMax M3

MiniMax
$0.30 / $1.20
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
MiniMax
Mistral AI
Verdict: MiniMax M3 is 2.0× cheaper than Mistral Large 4 on a typical 3:1 input/output mix. Mistral Large 4 scores higher on the Artificial Analysis Intelligence Index (26 vs 18.7).
MiniMax M3Mistral Large 4
Input price / 1M$0.30$0.70
Output price / 1M$1.20$2.10
Blended price (3:1)$0.52$1.05
Cached input / 1M$0.06$0.07
Context window1M1M
Max output512K262K
Intelligence index18.726
Coding index58.6—
Providers133
Best provider uptime (30m)100.0%100.0%
Vision inputYesYes
ReasoningYesYes
Tool callingYesYes
Released2026-05-312026-10-06
Retirement——

Cost calculator

FAQ

Which is cheaper, MiniMax M3 or Mistral Large 4?

MiniMax M3 is 2.0× cheaper than Mistral Large 4 on a typical 3:1 input/output mix.

MiniMax M3 vs Mistral Large 4: which has a bigger context window?

MiniMax M3: 1,048,576 tokens. Mistral Large 4: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: MiniMax M3 ≈ $1,200, Mistral Large 4 ≈ $2,450.

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