MiniMax M3.1 Flash vs Mistral Medium 3.5

Price, context window & benchmark comparison

MiniMax

MiniMax M3.1 Flash

MiniMax
$0.15 / $0.60
Input / Output · per 1M tokens
VS
Mistral AI

Mistral Medium 3.5

Mistral AI
$1.50 / $7.50
Input / Output · per 1M tokens
Compare different models
MiniMax
Mistral AI
Verdict: MiniMax M3.1 Flash is 11.4× cheaper than Mistral Medium 3.5 on a typical 3:1 input/output mix. MiniMax M3.1 Flash scores higher on the Artificial Analysis Intelligence Index (29.1 vs 4.6). MiniMax M3.1 Flash has the larger context window (1M vs 262K).
MiniMax M3.1 FlashMistral Medium 3.5
Input price / 1M$0.15$1.50
Output price / 1M$0.60$7.50
Blended price (3:1)$0.26$3.00
Cached input / 1M$0.015—
Context window1M262K
Max output524K210K
Intelligence index29.14.6
Coding index—46.9
Providers112
Best provider uptime (30m)100.0%100.0%
Vision inputYesYes
ReasoningYesYes
Tool callingYesYes
Released2026-10-192026-04-30
Retirement——

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FAQ

Which is cheaper, MiniMax M3.1 Flash or Mistral Medium 3.5?

MiniMax M3.1 Flash is 11.4× cheaper than Mistral Medium 3.5 on a typical 3:1 input/output mix.

MiniMax M3.1 Flash vs Mistral Medium 3.5: which has a bigger context window?

MiniMax M3.1 Flash: 1,048,576 tokens. Mistral Medium 3.5: 262,144 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: MiniMax M3.1 Flash ≈ $600.00, Mistral Medium 3.5 ≈ $6,750.

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