GPT-5 Nano vs Mistral Small 3.2 24B.

model vs model · prices as of

Mistral Small 3.2 24B takes 3 of 5 rounds against GPT-5 Nano. It is also the cheaper of the two to run, at $0.42 per million tokens against $0.50.

OpenAI

GPT-5 Nano

$0.50/M tokens

cheapest we can explain, at Poe · $0.0491 per 1,000 pages

400k context · tool calling · reads images

Poe
Mistral AIwins 3 rounds

Mistral Small 3.2 24B

$0.42/M tokens

cheapest we can explain, at DeepInfra · $0.057 per 1,000 pages

256k context · tool calling · reads images · open weights

DeepInfra

List price in (lower wins)

$0.05/M

$0.09/M

List price out (lower wins)

$0.40/M

$0.25/M

Cheapest we can explain (lower wins)

$0.50/M at Poe

$0.42/M at DeepInfra

Standard price (lower wins)

$0.55/M

$0.53/M

Cost per 1,000 pages (lower wins)

$0.0491

$0.057

Context

400k tokens

256k tokens

Open weights

no

yes

Tool calling

yes

yes

Structured output

yes

yes

Reads images

yes

yes

Reasoning

yes

no

Released

7 Aug 2025

20 Jun 2025

Providers selling it

32

16

Price we measure against

the maker's own

OpenRouter

Trains on your prompts (no is better)

not stated

not stated

Providers selling both · 8

  • Nous Portal$0.55 / $0.42
  • TrustedRouter$0.58 / $0.45
  • Kilo Gateway$0.55 / $0.53
  • OpenRouter$0.55 / $0.53
  • Eden AI$0.60 / $0.61
  • Cortecs$0.64 / $0.63
  • NanoGPT$0.55 / $1
  • LLMTR$0.55 / $1.22

GPT-5 Nano then Mistral Small 3.2 24B, per million tokens

Go further

Add a third or fourth model, or switch the weighting, in the tool.

What moved in the last seven days

  1. GPT-5 NanoNous Portal$0.04 / $0.32 $0.05 / $0.4025% dearer ·
  2. GPT-5 NanoRequesty$0.05 / $0.40 $0.06 / $0.4410% dearer ·
  3. Mistral Small 3.2 24BKilo Gateway$0.07 / $0.20 $0.09 / $0.2525% dearer ·
  4. Mistral Small 3.2 24BOpenRouterOpenRouter's list price, in and out per million tokens$0.07 / $0.20 $0.09 / $0.2525% dearer ·
  5. Mistral Small 3.2 24BNous Portal$0.06 / $0.16 $0.07 / $0.2025% dearer ·
  6. Mistral Small 3.2 24BOpenRouter$0.07 / $0.20 $0.09 / $0.2525% dearer ·

Frequently asked

Which is cheaper, GPT-5 Nano or Mistral Small 3.2 24B?
Mistral Small 3.2 24B, at $0.42 per million tokens against $0.50 for GPT-5 Nano, three parts input to one part output, read on 16 Sept 2026.
Where is each one cheapest?
GPT-5 Nano: $0.50 at Poe. Mistral Small 3.2 24B: $0.42 at DeepInfra.
Can I buy both from one provider?
Yes. 8 providers sell both: Nous Portal, TrustedRouter, Kilo Gateway, OpenRouter, Eden AI, Cortecs, and more. The cheapest of them for the two together is Nous Portal.
Which holds more context?
GPT-5 Nano, at 400k tokens against 256k.

Prices exclude tax and are per million tokens, read 16 Sept 2026 from each provider's own catalog. The standard price blends three parts input to one part output; a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.

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