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GPT Chat Latest vs Mistral Large 3: API Cost Comparison

Compare the API pricing, context windows, features, and real-world cost projections for GPT Chat Latest (OpenAI) and Mistral Large 3 (Mistral AI). Use the interactive calculator below to compute your exact monthly cost based on your token usage and request volume.

Prices verified May 6, 2026

Interactive Cost Calculator

OpenAIGPT Chat LatestMistral AIMistral Large 3

Fills in typical token counts for a workload type

Tokens in each prompt sent to the model

Tokens generated in each response

Total API calls per month

Showing costs for 2 models. Cheapest: Mistral Large 3 at $12.50/month.

Cheapest: Mistral Large 3 at $12.50/mo — save 93.8% vs GPT Chat Latest
Alert
BestMistral Large 3
Mistral AI$12.50$0.001250$5.00$7.5093.8%Alerts coming soon
GPT Chat Latest
OpenAI$200.00$0.020000$50.00$150.00Alerts 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 TypeGPT Chat LatestMistral Large 3Cheaper
Input (standard)$5.00/M$0.50/MMistral Large 3
Output$30.00/M$1.50/MMistral Large 3

Prices last verified: 2026-03-08 – 2026-05-06

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.

VolumeGPT Chat LatestMonthlyMistral Large 3MonthlyGPT Chat LatestPer requestMistral Large 3Per request
1K requests/mo$20.00$1.25$0.020000$0.001250
10K requests/mo$200.00$12.50$0.020000$0.001250
100K requests/mo$2,000.00$125.00$0.020000$0.001250
1M requests/mo$20,000.00$1,250.00$0.020000$0.001250

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 tokens

When to Choose GPT Chat Latest

by OpenAI

  • General chatbot

Input / 1M tokens

$5.00/M

Output / 1M tokens

$30.00/M

Context window

400,000

Tier

premium

When to Choose Mistral Large 3

by Mistral AI

  • Code generation
  • Content & copywriting
  • RAG / Semantic search

Input / 1M tokens

$0.50/M

Output / 1M tokens

$1.50/M

Context window

262,144

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.

CapabilityGPT Chat LatestMistral Large 3
Context window400,000 tokens262,144 tokens
Max output tokens128,000 tokens8,192 tokens
Performance tierPremiumPremium
Vision / image inputYesYes
Function callingYesYes
JSON modeYesYes
Prompt cachingNoNo
Batch API (50% discount)NoNo
Extended reasoningNoNo
Fine-tuningNoNo

Mistral Large 3 notes

Major price reduction from original Mistral Large ($2/$6 -> $0.50/$1.50). Supports 80+ languages.

Frequently Asked Questions

Is GPT Chat Latest cheaper than Mistral Large 3?

At standard usage (1,000 input tokens, 500 output tokens, 100,000 requests/month), Mistral Large 3 costs $125.00/month versus $2,000.00/month for GPT Chat Latest — a 94% 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, GPT Chat Latest or Mistral Large 3?

GPT Chat Latest has a larger context window at 400,000 tokens, compared to 262,144 tokens for Mistral Large 3. A larger context window is important for processing long documents, multi-turn conversations, or large codebases without truncation.

Do GPT Chat Latest and Mistral Large 3 support the Batch API?

Neither GPT Chat Latest nor Mistral Large 3 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 GPT Chat Latest nor Mistral Large 3 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 GPT Chat Latest vs Mistral Large 3?

GPT Chat Latest is best suited for General chatbot, while Mistral Large 3 is optimized for Code generation, Content & copywriting, RAG / Semantic search. 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 GPT Chat Latest vs Mistral Large 3?

At 1,000 input tokens and 500 output tokens per request — a typical conversational workload — GPT Chat Latest costs $0.020000 per request and Mistral Large 3 costs $0.001250 per request. At 100,000 requests/month, that translates to $2,000.00 and $125.00 respectively. Use the interactive calculator to adjust these parameters for your actual workload.

GPT Chat Latest vs Mistral Large 3: Summary

When comparing GPT Chat Latest and Mistral Large 3 for API cost, the right choice depends on your workload's token profile, required features, and tolerance for latency. Mistral Large 3 offers lower total cost at standard usage volumes (1,000 input + 500 output tokens per request at 100,000 requests/month) at $125.00/month, compared to $2,000.00/month for GPT Chat Latest.

Both models are priced in USD per million tokens, the standard unit across all major AI API providers. GPT Chat Latest charges $5.00/M for input tokens and $30.00/M for output tokens. Mistral Large 3 charges $0.50/M input and $1.50/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: GPT Chat Latest supports up to 400,000 tokens in a single request, versus 262,144 tokens for Mistral Large 3. 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.

Explore other model comparisons from the same providers or performance tiers.

Related Provider Pages

View complete pricing tables and model lineups for the providers behind these models.

Relevant Use Cases

See cost recommendations for workloads where GPT Chat Latest or Mistral Large 3 is recommended.