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GPT-5.4 vs Mistral Large 3

Pricing, context window, and benchmark comparison · Last updated April 2026

Quick Verdict

Mistral Large 3 is cheaper than GPT-5.4 at $2.00/1M/1M vs $2.50/1M/1M input tokens — a 1.3x cost difference. GPT-5.4 scores higher on quality benchmarks (ELO 1420). Choose Mistral Large 3 for cost-sensitive workloads; choose GPT-5.4 for maximum quality.

Detailed Comparison

MetricGPT-5.4Mistral Large 3
Input Price / 1M tokens$2.50/1M$2.00/1MCheaper
Output Price / 1M tokens$15.00/1M$6.00/1MCheaper
Context Window272KLarger131K
ELO Score (LMSYS)1420Smarter1320
Open Source
Free Tier
Release Date2026-032025-12

Which is cheaper: GPT-5.4 or Mistral Large 3?

Mistral Large 3 is the cheaper option at $2.00/1M per 1M input tokens, compared to $2.50/1M for GPT-5.4. That is a 1.3x cost difference on input tokens. Output pricing follows a similar pattern: GPT-5.4 charges $15.00/1M/1M vs $6.00/1M/1M for Mistral Large 3.

Which has better quality: GPT-5.4 or Mistral Large 3?

Based on LMSYS Chatbot Arena rankings, GPT-5.4 achieves a higher ELO score (1420 vs 1320), suggesting stronger performance on open-ended tasks. GPT-5.4 excels at openai flagship — top-tier reasoning, coding, and multimodal. Mistral Large 3 is known for european data residency — gdpr-friendly.

Which should you choose: GPT-5.4 or Mistral Large 3?

Choose GPT-5.4 if:
  • OpenAI flagship — top-tier reasoning, coding, and multimodal
  • Native computer use and tool search
  • 272K standard context (expandable to 1M)
Choose Mistral Large 3 if:
  • European data residency — GDPR-friendly
  • Strong multilingual performance (French, German, Spanish)
  • Competitive pricing vs. US flagships

Frequently Asked Questions

Which is cheaper: GPT-5.4 or Mistral Large 3?

Mistral Large 3 is cheaper at $2.00/1M per 1M input tokens, making it 1.3x more affordable.

Which has better quality: GPT-5.4 or Mistral Large 3?

GPT-5.4 scores higher on the LMSYS Chatbot Arena with an ELO of 1420, suggesting better overall quality for most tasks.

Which has a larger context window: GPT-5.4 or Mistral Large 3?

GPT-5.4 has a larger context window at 272K tokens.

Should I choose GPT-5.4 or Mistral Large 3?

Choose Mistral Large 3 if cost is the priority. Choose GPT-5.4 if benchmark quality is most important. Consider your specific use case: GPT-5.4 is best for coding and reasoning, while Mistral Large 3 excels at translation and coding.

Is GPT-5.4 or Mistral Large 3 open source?

GPT-5.4 is proprietary. Mistral Large 3 is proprietary.

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