Llama 3.1 70B Instruct vs Mistral Small 3.1 24B
Prices checked
Llama 3.1 70B Instruct takes 3 of 5 rounds against Mistral Small 3.1 24B. Mistral Small 3.1 24B counters on price: $0.15 per million tokens against $0.17, for 128k context instead of 131k.
MetaWins 3 roundsLlama 3.1 70B Instruct
131k context · tool calling · open weights
$0.17/M tokensCheapest price, at Hyperbolic · 9¢ per 1,000 pages
Mistral AIMistral Small 3.1 24B
128k context · tool calling · reads images · open weights
$0.15/M tokensCheapest price, at NanoGPT · 7.8¢ per 1,000 pages
Maker's price in (lower wins)
$0.40/M
$0.35/M
Maker's price out (lower wins)
$0.40/M
$0.56/M
Cheapest price (lower wins)
$0.17/M at Hyperbolic
$0.15/M at NanoGPT
Maker's price, blended (lower wins)
$0.40/M
$0.40/M
Cost per 1,000 pages (lower wins)
9¢
7.8¢
Context
131k tokens
128k tokens
Open weights
yes
yes
Tool calling
yes
yes
Structured output
yes
yes
Reads images
no
yes
Reasoning
no
no
Released
23 Jul 2024
17 Mar 2025
Providers selling it
18
10
Price we measure against
OpenRouter
OpenRouter
Trains on your prompts (no is better)
not published
not published
Providers selling both · 5
Eden AI$0.40 / $0.40
Kilo Gateway$0.40 / $0.40
Nous Portal$0.40 / $0.40
OpenRouter$0.40 / $0.40
TrustedRouter$0.42 / $0.42
Llama 3.1 70B Instruct, then Mistral Small 3.1 24B, per million tokens.
Go further
Add a third or fourth model, or change the weighting, in the tool.
What moved this week
- Eden AI · 100% dearer · $0.80 / $0.80 $0.40 / $0.40
Featherless · 23% cheaper · $0.70 / $1.16 $0.87 / $1.61
Frequently asked
- Which is cheaper, Llama 3.1 70B Instruct or Mistral Small 3.1 24B?
- Mistral Small 3.1 24B, at $0.15 per million tokens against $0.17 for Llama 3.1 70B Instruct, blended 3 in : 1 out, read on 31 Oct 2026.
- Where is each one cheapest?
- Llama 3.1 70B Instruct: $0.17 at Hyperbolic. Mistral Small 3.1 24B: $0.15 at NanoGPT.
- Can I buy both from one provider?
- Yes. 5 providers sell both: Eden AI, Kilo Gateway, Nous Portal, OpenRouter, TrustedRouter. The cheapest of them for the two together is Eden AI.
- Which holds more context?
- Llama 3.1 70B Instruct, at 131k tokens against 128k.
Prices exclude tax, read 31 Oct 2026 from each provider's own catalog. They are per M tokens, blended 3 in : 1 out, and a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.
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