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Model comparison · Updated 10 Oct 2026

Llama 3.1 70B Instruct vs Mistral Medium 3.1

Llama 3.1 70B Instruct and Mistral Medium 3.1 cost the same on input, $0.40 per 1M tokens. Both have a 131K-token context window. For a support chatbot at 10,000 chats a day, the standard-tier bill is about $216 a month for Llama 3.1 70B Instruct and $360 for Mistral Medium 3.1.

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ModelsAtlas. “Llama 3.1 70B Instruct vs Mistral Medium 3.1”. Retrieved 10 Oct 2026. https://modelsatlas.com/compare/meta/llama-3-1-70b-instruct/vs/mistralai/mistral-medium-3-1

Model A

Llama 3.1 70B Instruct

by Meta · weights not marked open · GRIDD3

Input / 1M
$0.40
observed We measured
Source
Our catalogue
Retrieved
17 Aug 2026
Output / 1M$0.40
Context131K
vs

Model B

Mistral Medium 3.1

by Mistral AI · weights not marked open · GRIDD3

Input / 1M
$0.40
observed We measured
Source
Our catalogue
Retrieved
17 Aug 2026
Output / 1M$2.00
Context131K

Key numbers

Standard tier · highlighted = better

Llama 3.1 70B Instruct
Mistral Medium 3.1
Input / 1M tokens
$0.40
$0.40
Output / 1M tokens
$0.40
$2.00
Batch input / output
Not listed
$0.20 / $1.00
Context window
131,072
131,072
Input types
Not disclosed
Not disclosed
Weights
Not marked open
Not marked open
Tiers listed
standard
batch, standard
Prices checked
2026-08-17
2026-10-10

What it costs for real workloads

Monthly, standard tier, 30 days

Support chatbot10k chats/day · 1.5k in, 300 out
$216/mo
$360/mo
RAG over documents2k queries/day · 12k in, 500 out
$300/mo
$348/mo
Coding agent300 tasks/day · 60k in, 8k out
$245/mo
$360/mo

Llama 3.1 70B Instruct   Mistral Medium 3.1 · Derived from the standard-tier prices above, input and output tokens per request as stated, 30 days. Excludes caching discounts and batch. Try your own numbers.

On the atlas

Price band (A–H) × context band (1–6)

Same square. Llama 3.1 70B Instruct and Mistral Medium 3.1 share D3.

Same square as Llama 3.1 70B Instruct: Codestral 2508 ($0.30), Command A+ ($0.30), MiniMax M2 ($0.30). Open D3

AFreeB<$0.10C$0.10–0.30D$0.30–1E$1–3F$3–10G$10–30H$30+1<32K232–128K3128–256K4256K–1M51M6>1MINPUT PRICE PER 1M TOKENS →CONTEXT WINDOW ↑ · position within a square follows the real valueMistral Medium 3 · D3Nano Banana 2 (Gemini 3.1 Flash Image) · D3DeepSeek V3 · D3Command A+ · D3Muse Glimmer 30B · D3Llama 3.1 70B InstructLlama 3.1 70B InstructMistral Medium 3.1Mistral Medium 3.1
Llama 3.1 70B InstructMistral Medium 3.1Nearest neighboursOpen weights
View the map as a table (1 squares)
SquarePrice bandContext bandModels
GRIDD3$0.30–1128–256KLlama 3.1 70B Instruct, Mistral Medium 3.1, Mistral Medium 3, Nano Banana 2 (Gemini 3.1 Flash Image), DeepSeek V3, Command A+, Muse Glimmer 30B

Capabilities side by side

Only what our records list

Llama 3.1 70B Instruct
Mistral Medium 3.1
Vision input
Not disclosed
Not disclosed
Audio input
Not disclosed
Not disclosed
Open weights
Not marked open
Not marked open
Batch tier
Not listed
Supported
Free tier
Not listed
Not listed
Thinking tier
Not listed
Not listed

Neither record lists input types, so we do not claim any.

Which should you choose?

Editorial

Choose Llama 3.1 70B Instruct if…

  • output dominates your bill: $0.40 per 1M output against $2.00

Choose Mistral Medium 3.1 if…

  • work can wait: it lists a batch tier and the other does not

Each reason is a fact from the tables above. Picking between them is our judgement, and we do not benchmark quality: price and context are what we can measure, so test both on your own prompts before you commit.

Questions

Is Llama 3.1 70B Instruct better than Mistral Medium 3.1?
We do not benchmark quality, so we cannot say. On the recorded numbers: Llama 3.1 70B Instruct and Mistral Medium 3.1 cost the same on input, $0.40 per 1M tokens. Both have a 131K-token context window. For a support chatbot at 10,000 chats a day, the standard-tier bill is about $216 a month for Llama 3.1 70B Instruct and $360 for Mistral Medium 3.1. Which is better for you depends on your task; test both on your own prompts.
Which is cheaper, Llama 3.1 70B Instruct or Mistral Medium 3.1?
They cost the same on input, $0.40 per 1M tokens. Output is $0.40 for Llama 3.1 70B Instruct and $2.00 for Mistral Medium 3.1.
How much does each cost per 1M tokens?
Llama 3.1 70B Instruct: $0.40 input and $0.40 output. Mistral Medium 3.1: $0.40 input and $2.00 output. Standard tier, USD.
Which has the larger context window?
Neither: both have 131,072 tokens.
Do both offer batch pricing?
Llama 3.1 70B Instruct lists no batch tier. Mistral Medium 3.1 lists a batch tier, at 50% of its standard price.
Can both read images or audio?
Input types recorded for Llama 3.1 70B Instruct: none recorded. For Mistral Medium 3.1: none recorded. Where a record lists none we say so rather than guess; check each vendor's documentation before relying on a capability.
Is either model open-weight?
Llama 3.1 70B Instruct: not marked open-weight in our records. Mistral Medium 3.1: not marked open-weight in our records.
What would each cost for a support chatbot?
At 10,000 chats a day, 1,500 input and 300 output tokens each, 30 days, standard tier: about $216 a month for Llama 3.1 70B Instruct and $360 for Mistral Medium 3.1. This is our calculation from the listed prices, not a quote.

About the two models

Llama 3.1 70B Instruct

By Meta. $0.40 input and $0.40 output per 1M tokens, 131K context, atlas square D3. Tiers listed: standard.

Full specs & pricing →

Mistral Medium 3.1

By Mistral AI. $0.40 input and $2.00 output per 1M tokens, 131K context, atlas square D3. Tiers listed: batch, standard.

Full specs & pricing →

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