Mistral Small 3.2 API Pricing
Mistral · released 2025-06-20
Pricing
0.010¢ / 1K
0.030¢ / 1K
0.015¢ / 1K
What it actually costs
| Workload | Tokens | Cost |
|---|---|---|
| Short chat reply | 500 in / 300 out | 0.014¢ |
| RAG query | 4,000 in / 500 out | 0.055¢ |
| Long document summary | 50,000 in / 1,000 out | 0.53¢ |
| Code review of a 2k-line file | 30,000 in / 2,000 out | 0.36¢ |
| 1,000 chat replies/day for 30 days | 30,000 × (500 in / 300 out) | $4.20 |
Cost = (input tokens ÷ 1,000,000 × $0.10) + (output tokens ÷ 1,000,000 × $0.30).
Benchmarks
#317 of 533
#167 of 197
#172 of 249
Similar intelligence, lower price
| Model | Intelligence | Blended $/1M |
|---|---|---|
| Llama 3.1 Instruct 8B | 6.9 | $0.028 |
| Gemma 4 E4B (Reasoning) | 8.9 | $0.04 |
| Sarvam 30B (high) | 6.6 | $0.047 |
| Granite 4.2 3B | 9.1 | $0.052 |
| Nova Micro | 5.9 | $0.061 |
Leaderboard neighbours
| Model | Intelligence | Blended $/1M |
|---|---|---|
| EXAONE 4.0 32B (Reasoning) | 8.2 | — |
| Gemini 2.0 Flash (experimental) | 8.2 | — |
| Magistral Small 1 | 8.2 | — |
| Mistral Small 3.2 | 8.2 | $0.15 |
| Nova 2.0 Omni (Non-reasoning) | 8.2 | $0.85 |
| Qwen3 14B (Reasoning) | 8.2 | $1.313 |
| Qwen3 VL 8B (Reasoning) | 8.2 | $0.66 |
More from Mistral
| Model | Intelligence | Blended $/1M |
|---|---|---|
| Mistral Medium 3.5 | 14.2 | $3.00 |
| Magistral Medium 1.2 | 11.8 | — |
| Mistral Small 4 (Reasoning) | 11.3 | $0.262 |
| Mistral Large 3 | 9.3 | $0.75 |
| Mistral Medium 3.1 | 9.2 | $0.80 |
| Magistral Medium 1 | 9.1 | — |
| Devstral Medium | 9.0 | — |
| Mistral Medium 3 | 9.0 | $0.80 |
Count tokens & estimate cost for Mistral Small 3.2 See Mistral Small 3.2 on the leaderboard
Source: Artificial Analysis · last synced 2026-09-22
FAQ
Who develops Mistral Small 3.2?
Mistral Small 3.2 is developed by Mistral, released 2025-06-20.
How much does Mistral Small 3.2 cost per million tokens?
Mistral Small 3.2 costs $0.10 per 1M input tokens and $0.30 per 1M output tokens ($0.15 blended), per Artificial Analysis's official pricing data.
How does Mistral Small 3.2 rank on benchmarks?
Mistral Small 3.2 scores 8.2 on the Artificial Analysis Intelligence Index, ranking #317 of 533 models we track.
Is there a cheaper model with similar intelligence to Mistral Small 3.2?
Yes — Llama 3.1 Instruct 8B scores similar intelligence (6.9) at $0.028/1M blended, versus $0.15/1M for Mistral Small 3.2.
Where does this data come from?
Pricing and benchmark data for Mistral Small 3.2 comes from Artificial Analysis (artificialanalysis.ai), synced daily. Last synced 2026-09-22.