Embed v3 vs Mistral Medium: API Cost Comparison
Compare the API pricing, context windows, features, and real-world cost projections for Embed v3 (Cohere) and Mistral Medium (Mistral AI). Use the interactive calculator below to compute your exact monthly cost based on your token usage and request volume.
Prices verified Apr 30, 2026
Interactive Cost Calculator
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Showing costs for 2 models. Cheapest: Embed v3 at $1.50/month.
| Alert | |||||||
|---|---|---|---|---|---|---|---|
BestEmbed v3 | Cohere | $1.50 | $0.000150 | $1.00 | $0.50 | 97.1% | Alerts coming soon |
Mistral Medium | Mistral AI | $52.50 | $0.005250 | $15.00 | $37.50 | — | Alerts coming soon |
Monthly Cost Comparison
Price Comparison at a Glance
All prices are in USD per 1 million tokens ($/M tokens). Lower is cheaper.
| Pricing Type | Embed v3 | Mistral Medium | Cheaper |
|---|---|---|---|
| Input (standard) | $0.10/M | $1.50/M | Embed v3 |
| Output | $0.10/M | $7.50/M | Embed v3 |
Prices last verified: 2026-03-06 – 2026-04-30
Cost Breakdown by Usage Volume
Estimated monthly costs at different request volumes, assuming 1,000 input tokens and 500 output tokens per request. Adjust in the calculator above for your specific use case.
| Volume | Embed v3Monthly | Mistral MediumMonthly | Embed v3Per request | Mistral MediumPer request |
|---|---|---|---|---|
| 1K requests/mo | $0.15 | $5.25 | $0.000150 | $0.005250 |
| 10K requests/mo | $1.50 | $52.50 | $0.000150 | $0.005250 |
| 100K requests/mo | $15.00 | $525.00 | $0.000150 | $0.005250 |
| 1M requests/mo | $150.00 | $5,250.00 | $0.000150 | $0.005250 |
Green values indicate the lower-cost option at each volume tier. Cost per request is calculated at 1,000 input + 500 output tokens using standard (non-batch, non-cached) pricing.
Price History
Input price per 1M tokensWhen to Choose Embed v3
by Cohere
- RAG / Semantic search
Input / 1M tokens
$0.10/M
Output / 1M tokens
$0.10/M
Context window
512
Tier
budget
When to Choose Mistral Medium
by Mistral AI
- General chatbot
- Customer support
- Content & copywriting
Input / 1M tokens
$1.50/M
Output / 1M tokens
$7.50/M
Context window
131,072
Tier
premium
Key Differences Beyond Price
Cost is only one factor in choosing an AI model. Context window size, rate limits, supported features, and latency all affect whether a model fits your use case.
| Capability | Embed v3 | Mistral Medium |
|---|---|---|
| Context window | 512 tokens | 131,072 tokens |
| Max output tokens | 1,024 tokens | 4,096 tokens |
| Performance tier | Budget | Premium |
| Vision / image input | No | No |
| Function calling | No | Yes |
| JSON mode | No | Yes |
| Prompt caching | No | No |
| Batch API (50% discount) | No | No |
| Extended reasoning | No | No |
| Fine-tuning | No | No |
Embed v3 notes
Embedding model only. Output tokens represent embedding dimensions, not text. Multilingual variant also available.
Mistral Medium notes
Good balance of quality and cost for European GDPR-compliant workloads.
Frequently Asked Questions
Is Embed v3 cheaper than Mistral Medium?
At standard usage (1,000 input tokens, 500 output tokens, 100,000 requests/month), Embed v3 costs $15.00/month versus $525.00/month for Mistral Medium — a 97% saving. Your actual savings will vary based on your token profile; output-heavy workloads amplify differences in output pricing.
Which model has a larger context window, Embed v3 or Mistral Medium?
Mistral Medium has a larger context window at 131,072 tokens, compared to 512 tokens for Embed v3. A larger context window is important for processing long documents, multi-turn conversations, or large codebases without truncation.
Do Embed v3 and Mistral Medium support the Batch API?
Neither Embed v3 nor Mistral Medium currently supports a batch API with discounted pricing. For batch-eligible alternatives, consider models from OpenAI, Anthropic, or Google that include batch API support.
Which model offers better prompt caching?
Neither Embed v3 nor Mistral Medium currently supports prompt caching. For prompt-caching capable alternatives, consider Claude models from Anthropic or GPT-4o from OpenAI.
What are the best use cases for Embed v3 vs Mistral Medium?
Embed v3 is best suited for RAG / Semantic search, while Mistral Medium is optimized for General chatbot, Customer support, Content & copywriting. Choose based on which use case matches your primary workload — and validate with the cost calculator above to confirm the total monthly spend fits your budget.
What is the cost per request for Embed v3 vs Mistral Medium?
At 1,000 input tokens and 500 output tokens per request — a typical conversational workload — Embed v3 costs $0.000150 per request and Mistral Medium costs $0.005250 per request. At 100,000 requests/month, that translates to $15.00 and $525.00 respectively. Use the interactive calculator to adjust these parameters for your actual workload.
Embed v3 vs Mistral Medium: Summary
When comparing Embed v3 and Mistral Medium for API cost, the right choice depends on your workload's token profile, required features, and tolerance for latency. Embed v3 offers lower total cost at standard usage volumes (1,000 input + 500 output tokens per request at 100,000 requests/month) at $15.00/month, compared to $525.00/month for Mistral Medium.
Both models are priced in USD per million tokens, the standard unit across all major AI API providers. Embed v3 charges $0.10/M for input tokens and $0.10/M for output tokens. Mistral Medium charges $1.50/M input and $7.50/M output. If your workload is output-heavy (more tokens generated than consumed as input), the model with the lower output price compounds cost savings significantly at scale.
Context window capacity differs between the two: Mistral Medium supports up to 131,072 tokens in a single request, versus 512 tokens for Embed v3. A larger context window is essential for document summarization, large codebase analysis, and multi-document retrieval-augmented generation (RAG) applications.
Use the interactive calculator at the top of this page to enter your actual token usage and monthly request volume for a precise cost comparison tailored to your workload. Adjust for batch API discounts and prompt caching to find the most cost-effective option for your specific deployment.
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Relevant Use Cases
See cost recommendations for workloads where Embed v3 or Mistral Medium is recommended.