GPT-5.4 nano vs Mistral Medium 3.5: Pricing Comparison

Compare pricing, capabilities, and costs for your LLM workloads.

OpenAI

GPT-5.4 nano

Pricing (per 1M tokens)

Input$0.2000
Output$1.25
Cached Input$0.0200
Batch Input$0.1000
Batch Output$0.6250

Context & Output

Context Window400K tokens
Max Output128K tokens

Capabilities

Categorybudget
Multimodaltext + image
Fine-tuningNo
StreamingYes

Mistral

Mistral Medium 3.5

Pricing (per 1M tokens)

Input$1.50
Output$7.50

Context & Output

Context Window256K tokens
Max Output32.8K tokens

Capabilities

Categoryflagship
Multimodaltext
Fine-tuningNo
StreamingYes

Quick Verdict

Cheaper Input Price

GPT-5.4 nano

86.7% cheaper

Cheaper Output Price

GPT-5.4 nano

83.3% cheaper

Larger Context Window

GPT-5.4 nano

+144K tokens

Cost Comparison

Sample workload: 1,000,000 input tokens + 1,000,000 output tokens

GPT-5.4 nano

$1.45

$0.2000/1M input + $1.25/1M output

Mistral Medium 3.5

$9.00

$1.50/1M input + $7.50/1M output

GPT-5.4 nano is 83.9% cheaper for this workload.

Frequently Asked Questions

Which is cheaper, GPT-5.4 nano or Mistral Medium 3.5?
For input tokens, GPT-5.4 nano is cheaper at $0.2000 per 1M tokens. For output tokens, GPT-5.4 nano is cheaper at $1.25 per 1M tokens. The overall cost depends on your workload's input/output ratio.
What is the context window size of GPT-5.4 nano vs Mistral Medium 3.5?
GPT-5.4 nano has a context window of 400K tokens, while Mistral Medium 3.5 has 256K tokens. GPT-5.4 nano supports a larger context window of 400K tokens, which is beneficial for processing longer documents.

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