Price Per TokenPrice Per Token
Deepseek
Deepseek
vs
Mistral AI
Mistral AI

DeepSeek V3.2 vs Mistral Nemo

A detailed comparison of pricing, benchmarks, and capabilities

108 out of our 483 tracked models have had a price change in March.

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Key Takeaways

DeepSeek V3.2 wins:

  • Larger context window
  • Faster response time
  • Higher intelligence benchmark
  • Better at coding
  • Better at math
  • Has reasoning mode

Mistral Nemo wins:

  • Cheaper input tokens
  • Cheaper output tokens
Price Advantage
Mistral Nemo
Benchmark Advantage
DeepSeek V3.2
Context Window
DeepSeek V3.2
Speed
DeepSeek V3.2

Pricing Comparison

Price Comparison

MetricDeepSeek V3.2Mistral NemoWinner
Input (per 1M tokens)$0.26$0.02 Mistral Nemo
Output (per 1M tokens)$0.38$0.04 Mistral Nemo
Cache Read (per 1M)$0.03$0.01 Mistral Nemo
Using a 3:1 input/output ratio, Mistral Nemo is 91% cheaper overall.

DeepSeek V3.2 Providers

No provider data available

Mistral Nemo Providers

No provider data available

Benchmark Comparison

7
Benchmarks Compared
3
DeepSeek V3.2 Wins
0
Mistral Nemo Wins

Benchmark Scores

BenchmarkDeepSeek V3.2Mistral NemoWinner
Intelligence Index
Overall intelligence score
32.125.0
Coding Index
Code generation & understanding
34.6--
Math Index
Mathematical reasoning
59.0--
MMLU Pro
Academic knowledge
83.726.4
GPQA
Graduate-level science
75.18.7
LiveCodeBench
Competitive programming
59.3--
BBH
Big-Bench Hard
-36.1-
DeepSeek V3.2 significantly outperforms in coding benchmarks.

Cost vs Quality

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DeepSeek V3.2
Other models

Context & Performance

Context Window

DeepSeek V3.2
163,840
tokens
Mistral Nemo
131,072
tokens
DeepSeek V3.2 has a 20% larger context window.

Speed Performance

MetricDeepSeek V3.2Mistral NemoWinner
Tokens/second24.4 tok/sN/A
Time to First Token1.43sN/A

Capabilities

Feature Comparison

FeatureDeepSeek V3.2Mistral Nemo
Vision (Image Input)
Tool/Function Calls
Reasoning Mode
Audio Input
Audio Output
PDF Input
Prompt Caching
Web Search

License & Release

PropertyDeepSeek V3.2Mistral Nemo
LicenseOpen SourceOpen Source
AuthorDeepseekMistral AI
ReleasedDec 2025Jul 2024

DeepSeek V3.2 Modalities

Input
text
Output
text

Mistral Nemo Modalities

Input
text
Output
text

Related Comparisons

Compare DeepSeek V3.2 with:

Compare Mistral Nemo with:

Frequently Asked Questions

Mistral Nemo has cheaper input pricing at $0.02/M tokens. Mistral Nemo has cheaper output pricing at $0.04/M tokens.
DeepSeek V3.2 scores higher on coding benchmarks with a score of 34.6, compared to Mistral Nemo's score of N/A.
DeepSeek V3.2 has a 163,840 token context window, while Mistral Nemo has a 131,072 token context window.
DeepSeek V3.2 does not support vision. Mistral Nemo does not support vision.