Mistral Large 2512 vs Claude Haiku 4.5: cost comparison
Prices updated 2026-10-28 · computed from live provider data
Short answer: Mistral Large 2512 is cheaper on a
3:1 input/output blend — $0.750 per million tokens versus
$1.00, a 25% difference.
Mistral Large 2512 offers the larger context window at 262,144 tokens, against 200,000 for Claude Haiku 4.5.
Head to head
| Mistral Large 2512 | Claude Haiku 4.5 | |
|---|---|---|
| Input, per 1M tokens | $0.500 | $0.500 |
| Output, per 1M tokens | $1.50 | $2.50 |
| Blended 3:1, per 1M | $0.750 | $1.00 |
| Context window | 262,144 | 200,000 |
| Vendor | mistralai | anthropic |
Monthly cost at real volumes
| Workload (input / output) | Mistral Large 2512 | Claude Haiku 4.5 |
|---|---|---|
| 1M in / 250K out | $0.875 | $1.12 |
| 10M in / 2.5M out | $8.75 | $11.25 |
| 100M in / 25M out | $87.50 | $112 |
Which should you pick?
Pick Mistral Large 2512 when you need the longer context window (262,144 vs 200,000 tokens). Pick Mistral Large 2512 when price per token dominates your workload — high-volume classification, extraction, or batch summarisation.