Mistral: Mistral Medium 3.1 (batch) vs OpenAI: GPT-4o-mini

Neither wins outright: Mistral: Mistral Medium 3.1 (batch) is the pick when you generate long outputs in one go, OpenAI: GPT-4o-mini when cost matters at scale.

Key numbers

SpecMistral: Mistral Medium 3.1 (batch)OpenAI: GPT-4o-mini
ProviderMistral AIOpenAI
Input price (per 1M tokens)$0.20$0.15
Output price (per 1M tokens)$1.00$0.60
Blended price (3:1 input/output)$0.40$0.26
Cheaper than … of all models we track58%64%
Context window131K tokens (~197 pages)128K tokens (~192 pages)
Larger context than … of all models23%15%
Max output per response105K tokens (~78,600 words)16K tokens (~12,300 words)
Input typestext, image, filetext, image, file
Output typestexttext
Free variantNoNo
Listed since2025-08-132024-07-18
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What it costs for real workloads

Monthly cost at list price for five common workloads. Token counts per unit are stated so you can scale them to your own traffic. A workload that does not fit a model's context window is marked rather than priced.

Workload (per month)Mistral: Mistral Medium 3.1 (batch)OpenAI: GPT-4o-miniDifference
Customer-support chatbot
50,000 conversations — each a 6-turn conversation (1,500 in / 400 out tokens)
$35.00$23.25OpenAI: GPT-4o-mini saves $11.75
RAG search over documents
20,000 questions — each a question answered from ~8 retrieved passages (6,000 in / 500 out tokens)
$34.00$24.00OpenAI: GPT-4o-mini saves $10.00
Coding / tool-using agent
2,000 tasks — each a multi-step task with tool calls and file context (60,000 in / 6,000 out tokens)
$36.00$25.20OpenAI: GPT-4o-mini saves $10.80
Batch summarisation
10,000 documents — each a 6,000-word report summarised to a page (8,000 in / 600 out tokens)
$22.00$15.60OpenAI: GPT-4o-mini saves $6.40
Long-document analysis
500 documents — each a 150-page contract or codebase read in one pass (100,000 in / 2,000 out tokens)
$11.00$8.10OpenAI: GPT-4o-mini saves $2.90

Capabilities side by side

CapabilityMistral: Mistral Medium 3.1 (batch)OpenAI: GPT-4o-miniWhat it lets you do
Tool / function calling✓ Yes✓ Yescall your APIs and run agent loops
Structured output (JSON schema)✓ Yes✓ Yesreturn JSON that validates against your schema
Reasoning / thinking mode——spend extra tokens thinking before answering hard problems
Image input✓ Yes✓ Yesread screenshots, charts and scanned pages
Audio input——take speech or audio directly
File / PDF input✓ Yes✓ Yesaccept documents without your own parsing step
Image output——generate images, not just text
Built-in web search—✓ Yesanswer from live web results
Seed (reproducible sampling)✓ Yes✓ Yesrepeat a generation for tests and evals
Log-probabilities—✓ Yesread token confidence for classification and scoring

From each model's published parameters and input/output types. “—” means not advertised, not proven absent.

Price history

DateModelInput / 1MOutput / 1M
2026-09-10Mistral: Mistral Medium 3.1 (batch)$0.20$1.00

Which should you choose?

Choose Mistral: Mistral Medium 3.1 (batch) if…

  • you generate long outputs in one go — up to 105K tokens (about 78,600 words) per response
  • you want the newer model — released 2025-08-13, 13 months after the other

Choose OpenAI: GPT-4o-mini if…

  • cost matters at scale — it is 34% cheaper on a typical 3:1 input/output mix ($23.25 vs $35.00 a month for 50,000 support chats)
  • you need built-in web search — to answer from live web results; Mistral: Mistral Medium 3.1 (batch) does not advertise it
  • you need log-probabilities — to read token confidence for classification and scoring; Mistral: Mistral Medium 3.1 (batch) does not advertise it

Frequently asked questions

Is Mistral: Mistral Medium 3.1 (batch) better than OpenAI: GPT-4o-mini?

Neither wins outright: Mistral: Mistral Medium 3.1 (batch) is the pick when you generate long outputs in one go, OpenAI: GPT-4o-mini when cost matters at scale. In short: Mistral: Mistral Medium 3.1 (batch) when you generate long outputs in one go, you want the newer model; OpenAI: GPT-4o-mini when cost matters at scale, you need built-in web search, you need log-probabilities.

Which is cheaper, Mistral: Mistral Medium 3.1 (batch) or OpenAI: GPT-4o-mini?

OpenAI: GPT-4o-mini is cheaper: $0.26 vs $0.40 per 1M tokens at a typical 3:1 input/output mix, 34% less. For 50,000 support conversations a month that is $23.25 against $35.00.

How much do Mistral: Mistral Medium 3.1 (batch) and OpenAI: GPT-4o-mini cost per million tokens?

Mistral: Mistral Medium 3.1 (batch) costs $0.20 per 1M input tokens and $1.00 per 1M output tokens; OpenAI: GPT-4o-mini costs $0.15 input and $0.60 output. Output tokens are billed separately, so long answers shift the gap.

Which has the bigger context window, Mistral: Mistral Medium 3.1 (batch) or OpenAI: GPT-4o-mini?

Mistral: Mistral Medium 3.1 (batch): 131K tokens, about 197 pages, against 128K (about 192 pages) for OpenAI: GPT-4o-mini.

Do Mistral: Mistral Medium 3.1 (batch) and OpenAI: GPT-4o-mini support function calling and JSON output?

Tool calling — Mistral: Mistral Medium 3.1 (batch): yes, OpenAI: GPT-4o-mini: yes. JSON-schema structured output — Mistral: Mistral Medium 3.1 (batch): yes, OpenAI: GPT-4o-mini: yes.

Can Mistral: Mistral Medium 3.1 (batch) or OpenAI: GPT-4o-mini read images?

Yes, both accept image input.

Is Mistral: Mistral Medium 3.1 (batch) or OpenAI: GPT-4o-mini free to use?

No free variant is listed for either; both are pay-per-token.

What is the maximum output length of Mistral: Mistral Medium 3.1 (batch) and OpenAI: GPT-4o-mini?

Mistral: Mistral Medium 3.1 (batch) can write up to 105K tokens (about 78,600 words) per response; OpenAI: GPT-4o-mini up to 16K (about 12,300 words).

When were Mistral: Mistral Medium 3.1 (batch) and OpenAI: GPT-4o-mini released?

Mistral: Mistral Medium 3.1 (batch) was listed on 2025-08-13; OpenAI: GPT-4o-mini on 2024-07-18.

Has the price of Mistral: Mistral Medium 3.1 (batch) or OpenAI: GPT-4o-mini changed?

Mistral: Mistral Medium 3.1 (batch): input price cut 50% ($0.40 → $0.20/1M), output price cut 50% ($2.00 → $1.00/1M) on 2026-09-10. OpenAI: GPT-4o-mini: price unchanged since we started tracking it on 2026-03-10.

About the two models

OpenAI

OpenAI: GPT-4o-mini

GPT-4o mini is OpenAI's newest model after [GPT-4 Omni](/models/openai/gpt-4o), supporting both text and image inputs with text outputs. As their most advanced small model, it is many multiples more affordable...

Full OpenAI: GPT-4o-mini specs →

Compare Mistral: Mistral Medium 3.1 (batch) with other models

Compare OpenAI: GPT-4o-mini with other models

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