Which is cheaper, Mistral Medium 3.5 or Phi 4?
As of August 25, 2026, Phi 4 is 98% cheaper on blended LLM API pricing. Phi 4 costs $0.07 per million input tokens and $0.14 per million output tokens ($0.21 blended 1M-in + 1M-out). Mistral Medium 3.5 costs $1.50 / $7.50 per million tokens ($9.00 blended). Sources: https://docs.mistral.ai/platform/pricing/ and https://azure.microsoft.com/en-us/pricing/details/cognitive-services/openai-service/. The cheapest LLM for your app still depends on how many output tokens you generate.
How much does Mistral Medium 3.5 vs Phi 4 cost per million tokens?
Mistral Medium 3.5 Mistral API pricing is $1.50 input and $7.50 output per million tokens via Mistral AI. Phi 4 Microsoft API pricing is $0.07 input and $0.14 output per million tokens via Microsoft. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.
Which is better for coding, Mistral Medium 3.5 or Phi 4?
Mistral Medium 3.5 has a published SWE-bench Verified score of 77.6%. Phi 4 does not have that eval on this page yet.
What is the context window for Mistral Medium 3.5 vs Phi 4?
Mistral Medium 3.5 supports a 256K token context window, while Phi 4 supports 16K tokens. Mistral Medium 3.5 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.
Which model performs better on benchmarks, Mistral Medium 3.5 or Phi 4?
Mistral Medium 3.5 leads on 2 of 3 shared benchmarks versus Phi 4's 1 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.
Is Mistral Medium 3.5 or Phi 4 better for production use?
Both Mistral Medium 3.5 and Phi 4 are production API models. For cost-sensitive production traffic, Phi 4 has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.
Can I switch between Mistral Medium 3.5 and Phi 4 in my app?
Yes. Call Mistral Medium 3.5 through Mistral AI and Phi 4 through Microsoft with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.
How accurate is this Mistral Medium 3.5 vs Phi 4 pricing data?
List rates are the latest published Mistral API pricing and Microsoft API pricing, quoted per million tokens. Official rate sheets: https://docs.mistral.ai/platform/pricing/ and https://azure.microsoft.com/en-us/pricing/details/cognitive-services/openai-service/. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.
What is the output token limit for Mistral Medium 3.5 and Phi 4?
Mistral Medium 3.5 supports up to 256K output tokens per request, while Phi 4 supports up to 16K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.
Which model has better throughput, Mistral Medium 3.5 or Phi 4?
Mistral Medium 3.5 runs at approximately 1 tokens/second while Phi 4 runs at 33 tokens/second. Phi 4 is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.
How do I switch the models in this Mistral Medium 3.5 vs Phi 4 comparison?
Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open Mistral Medium 3.5 or Phi 4 from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.
