Codestral Latest vs Open Mistral Nemo: cost comparison
Prices updated 2026-10-27 · computed from live provider data
Short answer: Open Mistral Nemo is cheaper on a
3:1 input/output blend — $0.300 per million tokens versus
$0.450, a 33% difference.
Both offer the same 128,000-token context window, so cost is the deciding factor.
Head to head
| Codestral Latest | Open Mistral Nemo | |
|---|---|---|
| Input, per 1M tokens | $0.300 | $0.300 |
| Output, per 1M tokens | $0.900 | $0.300 |
| Blended 3:1, per 1M | $0.450 | $0.300 |
| Context window | 128,000 | 128,000 |
| Vendor | mistral | mistral |
Monthly cost at real volumes
| Workload (input / output) | Codestral Latest | Open Mistral Nemo |
|---|---|---|
| 1M in / 250K out | $0.525 | $0.375 |
| 10M in / 2.5M out | $5.25 | $3.75 |
| 100M in / 25M out | $52.50 | $37.50 |
Which should you pick?
Because the context windows are identical, the cheaper option is the better default. Choose Open Mistral Nemo unless you are already standardised on mistral tooling and want to avoid a second integration.