Calculate the cost of using magistral-medium-latest from Mistral for your AI applications
Pricing data last updated:
Mode: Chat
Max: 40,000 tokens
Max: 40,000 tokens
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magistral-medium-latest is a chat model from Mistral, one of 48 chat models they offer. It is priced at $2.00 per 1M input tokens and $5.00 per 1M output tokens, ranking 1662 out of 2172 chat models by cost and cheaper than 21% of models in this category. magistral-medium-latest supports function calling, reasoning, structured output. It accepts up to 40K input tokens.
Note: Use the interactive calculator above to estimate costs for your specific usage patterns.
Use the maximum token limits shown above to understand the model's capacity. This model can handle up to 40,000 input tokens. The maximum output length is 40,000 tokens.
At $2.00 per 1M input tokens and $5.00 per 1M output tokens, magistral-medium-latest ranks 1662 out of 2172 chat models by input cost. It is more expensive compared to the median of $0.55 for chat models, and is cheaper than 21% of models in this category.
magistral-medium-latest is one of 48 Mistral chat models, with support for function calling, reasoning, structured output.
| Model | Provider | Input / 1M tokens | Output / 1M tokens | vs magistral-medium-latest |
|---|---|---|---|---|
| amazon.nova-2-pro-preview-20251202-v1:0 | AWS Bedrock | $2.19 | $17.50 | +9% |
| apac.amazon.nova-2-pro-preview-20251202-v1:0 | AWS Bedrock | $2.19 | $17.50 | +9% |
| eu.amazon.nova-2-pro-preview-20251202-v1:0 | AWS Bedrock | $2.19 | $17.50 | +9% |
Similar chat models from other providers
Yes. magistral-medium-latest costs $2.00 per 1M input tokens compared to amazon.nova-2-pro-preview-20251202-v1:0's $2.19 per 1M input tokens, making it 9% more affordable. Both are chat models and share support for vision, function calling, reasoning, prompt caching, structured output.
magistral-medium-latest input pricing is $2.00 per 1M tokens, which is 264% above the median of $0.55 for chat models. It ranks 1662 out of 2172 chat models by input cost, making it cheaper than 21% of models in this category. For output, it costs $5.00 per 1M tokens compared to the median of $1.48.
Among Mistral's 48 chat models, magistral-medium-latest ranks 40 by input cost.
The most comparable chat models to magistral-medium-latest are: amazon.nova-2-pro-preview-20251202-v1:0 from AWS Bedrock ($2.19/1M input tokens); apac.amazon.nova-2-pro-preview-20251202-v1:0 from AWS Bedrock ($2.19/1M input tokens); eu.amazon.nova-2-pro-preview-20251202-v1:0 from AWS Bedrock ($2.19/1M input tokens); us.amazon.nova-2-pro-preview-20251202-v1:0 from AWS Bedrock ($2.19/1M input tokens). These alternatives were selected based on similar capabilities, pricing, and provider diversity. You can compare any of these models in detail using the Bifrost Model Library.
magistral-medium-latest is priced based on input and output tokens. Use the interactive calculator at the top of this page to estimate costs for your specific workload. Enter your expected input and output tokens volume and the calculator will show the total cost breakdown. For reference, processing 1M input tokens costs $2.00 and generating 1M output tokens costs $5.00.
