MiniMax: MiniMax M1 vs Mistral Medium (latest)

MiniMax: MiniMax M1 is cheaper than Mistral Medium (latest) by about 72% on a blended (75% input / 25% output) basis. MiniMax: MiniMax M1 charges $0.400000 / $2.200000 per 1M input/output tokens; Mistral Medium (latest) charges $1.500000 / $7.500000.

FieldMiniMax: MiniMax M1Mistral Medium (latest)
Input $/Mtok$0.400000$1.500000
Output $/Mtok$2.200000$7.500000
Cache read $/Mtok–$0.150000
Cache write $/Mtok––
Input $/Mcharn/a0.533428
Output $/Mcharn/a2.667141
Context window1000000262144
Tokenizer–mistral

Price history

Same workload, monthly cost

Illustrative monthly cost at 10M tokens/month, split per workload preset. Not a substitute for the calculator, which uses your own volume, cache and batch assumptions.

WorkloadMiniMax: MiniMax M1Mistral Medium (latest)
Coding agent$4.90$18.00
RAG chat$6.70$24.00
Summarisation (batch)$5.80$21.00
Classification$4.36$16.20
Chat assistant$11.20$39.00
Content generation$18.40$63.00

Cite this page

MiniMax: MiniMax M1 vs Mistral Medium (latest): $0.400000/$2.200000 vs $1.500000/$7.500000 per 1M tokens, as of 2026-10-04 (Token Barometer, https://tokenbarometer.com/compare/minimax_minimax-m1-vs-mistral_mistral-medium-2508).

MiniMax: MiniMax M1 page | Mistral Medium (latest) page | Open in calculator