Mistral AI API
Mistral Small 4 API Pricing 2026 — Cost per 1 Million Tokens
Current Mistral Small 4 API pricing from Mistral AI per 1 million tokens, including input, output and cached-token rates when available.
| Model | Rate | Price / 1M tokens |
|---|---|---|
| Mistral Small 4 Efficient hybrid model that unifies instruct, reasoning and coding. 256K context · 119B total / 6.5B active · Apache 2.0 open weights. | Input | $0.15 |
| Mistral Small 4 | Output | $0.6 |
How API token cost is calculated
Multiply the number of tokens by the provider rate, then divide by 1,000,000.
cost = tokens × price per 1M ÷ 1,000,000
Example: 250,000 input tokens at $2 / 1M = $0.50.