Mistral AI

Mistral Small 3.1 24B

$0.351 per 1M input tokens and $0.555 per 1M output tokens · 128K context · vision, tools, JSON, open weights.

Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026

$0.351
input / 1M tokens
$0.555
output / 1M tokens
128K
context window
102K
max output

What Mistral Small 3.1 24B costs per month

Estimated monthly bill for typical workloads. Try your own numbers in the cost calculator.

WorkloadPer month
Customer chatbot
1,000 conversations a day, 8 turns each
$173
Document Q&A (RAG)
500 questions a day over retrieved documents
$35.75
Coding / tool-using agent
200 tasks a day, long tool-heavy contexts
$140
Content generation
30 long articles a day
$2.20
Classification / extraction
100,000 short items a day
$341

Price history

We started tracking Mistral Small 3.1 24B on Oct 21, 2026; the chart appears as soon as there is a second data point. See all recent price changes.

Cheaper alternatives to Mistral Small 3.1 24B

Models with the same tool calling, image input, structured output for at least 20% less (3:1 input/output mix), most capable first.

Cheaper alternatives to Mistral Small 3.1 24B
Model Input / 1M Output / 1M Context Capabilities
Claude Haiku 5.5
Anthropic
$0.10 $0.50 1M visiontoolsreasoningJSON
GLM 5.3 Flash
Z.ai
$0.041 $0.12 1.05M visiontoolsreasoningJSONopen weights
GPT-6 Luna
OpenAI
$0.10 $0.50 1.05M visiontoolsreasoningJSON
MiMo-V2.6-Flash
Xiaomi
$0.14 $0.28 1.05M visionaudiotoolsreasoningJSONopen weights
$0.15 $0.50 1.05M visiontoolsreasoningJSONopen weights

How to pay less for Mistral Small 3.1 24B

For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $173 a month at list price without caching:

OptionPer monthYou save
Move to Claude Haiku 5.5 (similar capabilities)$58.56$114 (66%)

Other workloads: cut-your-bill tool for Mistral Small 3.1 24B.

Specifications

Model IDmistralai/mistral-small-3.1-24b-instruct
Inputtext, image
Outputtext
Tool callingYes
Structured outputYes
Reasoning modeNo
Open weightsYes — mistralai/Mistral-Small-3.1-24B-Instruct-2503
Knowledge cutoff2023-10-31
ReleasedMar 17, 2025

FAQ

How much does Mistral Small 3.1 24B cost?
$0.351 per million input tokens and $0.555 per million output tokens. Prices as of Oct 21, 2026.
What is the context window of Mistral Small 3.1 24B?
128K tokens, with up to 102K output tokens per response.
Does Mistral Small 3.1 24B support images, tools and structured output?
Images as input: yes. Tool calling: yes. Structured (JSON) output: yes. Reasoning mode: no.
What are cheaper alternatives to Mistral Small 3.1 24B?
Models with the same key capabilities for at least 20% less include Claude Haiku 5.5 ($0.10 / $0.50), GLM 5.3 Flash ($0.041 / $0.12), GPT-6 Luna ($0.10 / $0.50).

More from Mistral AI: all Mistral AI models · how we collect prices