Microsoft: Phi 4 vs Mistral Small (latest)
Microsoft: Phi 4 is cheaper than Mistral Small (latest) by about 67% on a blended (75% input / 25% output) basis. Microsoft: Phi 4 charges $0.070000 / $0.140000 per 1M input/output tokens; Mistral Small (latest) charges $0.150000 / $0.600000.
| Field | Microsoft: Phi 4 | Mistral Small (latest) |
|---|---|---|
| Input $/Mtok | $0.070000 | $0.150000 |
| Output $/Mtok | $0.140000 | $0.600000 |
| Cache read $/Mtok | – | $0.015000 |
| Cache write $/Mtok | – | – |
| Input $/Mchar | n/a | 0.053343 |
| Output $/Mchar | n/a | 0.213371 |
| Context window | 16384 | 256000 |
| 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.
| Workload | Microsoft: Phi 4 | Mistral Small (latest) |
|---|---|---|
| Coding agent | $0.74 | $1.73 |
| RAG chat | $0.81 | $2.17 |
| Summarisation (batch) | $0.77 | $1.95 |
| Classification | $0.71 | $1.59 |
| Chat assistant | $0.98 | $3.30 |
| Content generation | $1.26 | $5.10 |
Cite this page
Microsoft: Phi 4 vs Mistral Small (latest): $0.070000/$0.140000 vs $0.150000/$0.600000 per 1M tokens, as of 2026-10-04 (Token Barometer, https://tokenbarometer.com/compare/microsoft_phi-4-vs-mistral_mistral-small-2503).
Microsoft: Phi 4 page | Mistral Small (latest) page | Open in calculator