Price Per TokenPrice Per Token
Mistral AI
Mistral AI
vs
OpenAI
OpenAI

Mistral Medium 3.1 vs GPT-5.4

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

Mistral Medium 3.1 wins:

  • Cheaper input tokens
  • Cheaper output tokens
  • Better at math

GPT-5.4 wins:

  • Larger context window
  • Faster response time
  • Higher intelligence benchmark
  • Better at coding
Price Advantage
Mistral Medium 3.1
Benchmark Advantage
GPT-5.4
Context Window
GPT-5.4
Speed
GPT-5.4

Pricing Comparison

Price Comparison

MetricMistral Medium 3.1GPT-5.4Winner
Input (per 1M tokens)$0.40$2.50 Mistral Medium 3.1
Output (per 1M tokens)$2.00$15.00 Mistral Medium 3.1
Cache Read (per 1M)N/A$0.25 GPT-5.4
Using a 3:1 input/output ratio, Mistral Medium 3.1 is 86% cheaper overall.

Mistral Medium 3.1 Providers

No provider data available

GPT-5.4 Providers

No provider data available

Benchmark Comparison

6
Benchmarks Compared
0
Mistral Medium 3.1 Wins
3
GPT-5.4 Wins

Benchmark Scores

BenchmarkMistral Medium 3.1GPT-5.4Winner
Intelligence Index
Overall intelligence score
21.357.0
Coding Index
Code generation & understanding
18.357.3
Math Index
Mathematical reasoning
38.3--
MMLU Pro
Academic knowledge
68.3--
GPQA
Graduate-level science
58.892.0
LiveCodeBench
Competitive programming
40.6--
GPT-5.4 significantly outperforms in coding benchmarks.

Cost vs Quality

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Mistral Medium 3.1
Other models

Context & Performance

Context Window

Mistral Medium 3.1
131,072
tokens
GPT-5.4
1,050,000
tokens
GPT-5.4 has a 88% larger context window.

Speed Performance

MetricMistral Medium 3.1GPT-5.4Winner
Tokens/second78.1 tok/s84.0 tok/s
Time to First Token0.42s165.19s

Capabilities

Feature Comparison

FeatureMistral Medium 3.1GPT-5.4
Vision (Image Input)
Tool/Function Calls
Reasoning Mode
Audio Input
Audio Output
PDF Input
Prompt Caching
Web Search

License & Release

PropertyMistral Medium 3.1GPT-5.4
LicenseProprietaryProprietary
AuthorMistral AIOpenAI
ReleasedAug 2025Mar 2026

Mistral Medium 3.1 Modalities

Input
textimage
Output
text

GPT-5.4 Modalities

Input
textimagefile
Output
text

Related Comparisons

Compare Mistral Medium 3.1 with:

Compare GPT-5.4 with:

Frequently Asked Questions

Mistral Medium 3.1 has cheaper input pricing at $0.40/M tokens. Mistral Medium 3.1 has cheaper output pricing at $2.00/M tokens.
GPT-5.4 scores higher on coding benchmarks with a score of 57.3, compared to Mistral Medium 3.1's score of 18.3.
Mistral Medium 3.1 has a 131,072 token context window, while GPT-5.4 has a 1,050,000 token context window.
Mistral Medium 3.1 supports vision. GPT-5.4 supports vision.