Mistral Nemo API Pricing
Mistral · context window 131K · prices updated 2026-09-15
Where Mistral Nemo sits on price
At $0.03 per million output tokens, Mistral Nemo is a budget tier model — 69.3× cheaper than the median output price of $2.08, which puts it in the cheapest 10% of everything we track. It is the cheapest of the 25 Mistral models we track. Output is only 1.6× the input price, an unusually flat spread: long prompts hurt about as much as long answers, so prompt size is where the savings are.
What real workloads cost on Mistral Nemo
These three workloads are the ones teams actually run on a budget-priced model — a $0.03/1M model is not bought for the same job as one ten times the price.
| Workload | Per request | Per month |
|---|---|---|
| High-volume classification — 200K requests/day (400 in / 20 out) Short output, huge volume: the input price dominates the bill. | $0 | $49.20 |
| Small app — 1K requests/day (500 in / 150 out) The baseline most side projects actually run at. | $0 | $0.42 |
| Document pipeline — 10K docs/day (3K in / 500 out) Batch-friendly: no user waiting, so a ~50% batch discount usually applies. | $0.0001 | $21.60 |
Model your exact traffic in the API cost calculator — it preloads Mistral Nemo with caching and batch options.
Mistral Nemo price history
Mistral Nemo's price has not moved since we began tracking it on Aug 2, 2026 — 44 days of stability in a market where 78 of the 334 models we track have repriced over the same period, including 7 of Mistral's own 25 models.
Change-points from our daily price snapshots (tracking since Aug 2, 2026; intraday moves between snapshots are not captured).
Mistral Nemo vs Llama 3.1 8B Instruct
The closest-priced alternative from another vendor is Llama 3.1 8B Instruct (Meta) — 167% more expensive on output, with $0.031 more per million input tokens. When two models land this close on price, the decision is quality on your own workload, not the price sheet: run 50 real requests through both and compare.
See Llama 3.1 8B Instruct pricing →More Mistral models
Frequently asked questions
› How much does the Mistral Nemo API cost?
Mistral Nemo costs $0.019 per million input tokens and $0.03 per million output tokens and no discounted cached-input tier. That works out to roughly 33,333,333 output tokens per dollar.
› What does the high-volume classification workload cost on Mistral Nemo?
High-volume classification — 200K requests/day (400 in / 20 out) costs about $0 per request and $49.20 per month on Mistral Nemo. Short output, huge volume: the input price dominates the bill.
› What does it cost to fill Mistral Nemo's 131K context window?
Sending 131K of input in a single request costs $0.0025 at $0.019 per million tokens — before any output. There is no cached-input tier on this model, so every repeat of that context is billed at full price. This is why large context windows are cheap to advertise and expensive to actually use.
› Is Mistral Nemo worth the price?
Mistral Nemo is in the cheapest end of the market — cheaper than 100% of the models we track. At this price the question is not cost but capability: it is a good fit for classification, extraction, routing and bulk summarisation, and a poor fit for multi-step reasoning where a wrong answer costs more than the tokens saved.