Provider comparison · Updated 10 Oct 2026

DeepSeek vs Mistral AI

13 models vs 23 models

Mistral AI is cheaper at the median: $0.25 against $0.27 per 1M input tokens across paid models, about 1.1× less. Its cheapest paid model, Mistral Nemo ($0.03), compares with DeepSeek V4 Flash 0731 ($0.08) at DeepSeek. DeepSeek lists 13 models; Mistral AI lists 23 models.

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ModelsAtlas. “DeepSeek vs Mistral AI”. Retrieved 10 Oct 2026. https://modelsatlas.com/compare-providers/deepseek/mistralai

At a glance

Standard tier, paid models · highlighted = better

DeepSeek
Mistral AI
Models listed
13
23
Cheapest input / 1M
$0.08
$0.03
Median in / out
$0.27 / $0.95
$0.25 / $0.60
Highest input / 1M
$0.70
$2.00
Largest context
1.05M
1.05M
Batch-tier models
1 of 13
6 of 23
Open-weight models
3
5
Free models
0
0
Vision models listed
1
0

Costs for real workloads

Cheapest paid model from each provider that fits the job · monthly

Support chatbot10k chats/day · 1.5k in, 300 out
$52.04 · DeepSeek V4 Flash 0731
$15.75 · Mistral Nemo
RAG over documents2k queries/day · 12k in, 500 out
$64.43 · DeepSeek V4 Flash 0731
$21.78 · Mistral Nemo
Coding agent300 tasks/day · 60k in, 8k out
$56.50 · DeepSeek V4 Flash 0731
$17.82 · Mistral Nemo

Derived from standard-tier prices, 30 days. “Fits the job” means the context window holds the prompt and reply. Excludes batch and caching.

Cheapest model for each capability

Input / output per 1M

Capability DeepSeek Mistral AI
1M contextDeepSeek V4 Flash 0731 $0.08 / $0.17Mistral Large 4 $0.68 / $2.09
Paid standard-tier models. A model counts only for what its record lists; one with nothing recorded is not counted.

Line-up by price tier

Paid models · input per 1M

Tier DeepSeek Mistral AI
Flagship $3+None listedNone listed
Mid $0.50–$3R1 0528 $0.70
Mistral Large 4 $0.68
Mistral Medium 3.5 $1.50
Mistral Large 3 2512 $2.00
Mixtral 8x22B Instruct $2.00
Budget under $0.50DeepSeek V4 Flash 0731 $0.08
DeepSeek V4 Flash Vision Exp $0.22
DeepSeek V3.1 $0.25
DeepSeek V3.2 $0.26
DeepSeek V3.1 Terminus $0.27
+3 more
Mistral Nemo $0.03
Mistral Small 3 $0.05
Mistral Small 3.2 24B $0.09
Ministral 3 3B 2512 $0.10
Voxtral Small 24B 2507 $0.10
+9 more
Open weights any priceNone listedNone listed

Questions

Is DeepSeek or Mistral AI cheaper?
Mistral AI at the median: $0.25 against $0.27 for DeepSeek per 1M input tokens. Median is across each provider's paid standard-tier models, so a provider with many small models can look cheaper than its flagship is.
Which provider has more models?
Mistral AI lists more: DeepSeek 13, Mistral AI 23. Counts are models with a page in our catalogue.
Do both offer batch pricing?
DeepSeek: 1 model list a batch tier. Mistral AI: 6 models list a batch tier. Where a model lists both, batch is a median 37% of standard for DeepSeek and 50% for Mistral AI.
Which has the larger context window?
They are level: DeepSeek V4 Flash 0731 (1.05M tokens) at DeepSeek, Mistral Large 4 (1.05M) at Mistral AI.
Does either provider offer open-weight models?
DeepSeek: 3 open-weight models. Mistral AI: 5 open-weight models.
Does either have free models?
DeepSeek: none listed at no per-token charge. Mistral AI: none.

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