GPT-5 Nano vs Mistral Small 4
Price and specs side by side · USD per 1M tokens · verified 2026-10-11
// side by side
| metric | GPT-5 Nano | Mistral Small 4 |
|---|
| input / 1M | $0.05 | $0.15 |
| output / 1M | $0.40 | $0.60 |
| blended (3:1) | $0.1375 | $0.2625 |
| cache read / 1M | $0.005 | $0.015 |
| context | 400K | 262.1K |
| max output | 128K | 256K |
| input types | text · image | text · image |
| reasoning | yes | yes |
| tool calling | yes | yes |
| structured output | yes | no |
| open weights | no | yes |
| released | 2025-08-07 | 2026-03-16 |
| knowledge cutoff | 2024-05-30 | 2025-06 |
| lab | OpenAI | Mistral |
// monthly cost scenarios
| workload | tokens in / out | GPT-5 Nano | Mistral Small 4 |
|---|
| Chatbot | 10M / 2M | $1.30 | $2.70 |
| RAG app | 50M / 5M | $4.50 | $10.50 |
| Coding agent | 20M / 10M | $5.00 | $9.00 |
// verdict
- GPT-5 Nano is 47.6% cheaper than Mistral Small 4 on a blended 3:1 input/output basis.
- GPT-5 Nano has the larger context window (400K vs 262.1K tokens).
- Only GPT-5 Nano supports structured output.