Mistral Small 3.2 API Pricing
Mistral Small 3.2 was retired by Mistral on July 31, 2026 - the mistral-small-2506 model id no longer answers. Mistral names Mistral Small 4 as the replacement. Its last listed rates were $0.10/M input and $0.30/M output, kept here for invoice checks and migration math. Checked against Mistral's deprecated and retired models table.
Mistral Small 3.2 API cost calculator.
Live calculator pre-loaded with Mistral Small 3.2 rates. Tweak spend, output mix, or cache assumptions to compare it with sibling models.
Mistral Small 3.2 cost on real workloads.
Invoice extraction
Support assistant
Knowledge base answer
Image QA review
Counts use a chars-per-token calibration measured on the vendor's own published tokenizer (mistralai/Mistral-Nemo-Instruct-2407, 2026-06-10). English prose is typically within a few percent; code and non-Latin scripts tokenize heavier. For billing-exact counts use the vendor's count-tokens API.
| Model | Input /M | Output /M | Effective blended | Context | Best for |
|---|---|---|---|---|---|
| Mistral Small 3.2 Current | $0.10 | $0.30 | $0.116 agentic 92/8 | documented elsewhere | Low-cost multimodal chat |
| Mistral Large 3 | $0.50 cache $0.05 | $1.50 | $0.241 +2.1× | documented elsewhere — not on pricing page | Mistral production workloads |
| Mistral Small 4 | $0.15 cache $0.015 | $0.60 | $0.0842 −27% | 256K | Low-cost multimodal chat |
| Magistral Medium | $2.00 | $5.00 | $2.24 retired | documented elsewhere — not on pricing page | Transparent reasoning |
| Magistral Small | $0.50 | $1.50 | $0.58 retired | documented elsewhere | Transparent reasoning |
| Ministral 3 14B | $0.20 cache $0.02 | $0.20 | $0.0642 −45% | 128K | Mistral production workloads |
| Ministral 3 3B | $0.10 cache $0.01 | $0.10 | $0.0321 −3.6× | 128K | Mistral production workloads |
| DeepSeek V4.1 Flash | $0.30 cache $0.006 | $1.20 | $0.15 +29% | 1M | Budget coding and bulk reasoning |
Mistral Small 3.2 API pricing FAQ.
Practical pricing questions, separated from calculator assumptions.
Q · 01 Can I still call Mistral Small 3.2? +
mistral-small-2506 on July 31, 2026, and requests to it now fail. Mistral names Mistral Small 4 as the replacement. The rates on this page are the last ones Mistral listed, kept for reading old invoices and for estimating a migration.Q · 02 What is Mistral Small 3.2 priced at? +
$0.1/M input and $0.3/M output. The page stores USD per-million-token baseline pricing from mistral.ai.Q · 03 Does this page include higher context pricing tiers? +
Q · 04 Is prompt caching priced separately? +
$0.1/M.Q · 05 How is the effective price calculated? +
$0.12/M with only documented cache discounts included.