Llama 3.1 405B Instruct vs Magistral Medium

    Comparison

    As of August 20, 2026, Llama 3.1 405B Instruct is 75% cheaper per million tokens than Magistral Medium. Llama 3.1 405B Instruct is $0.89 / $0.89 per million input/output tokens versus Magistral Medium at $2.00 / $5.00. Sources: https://llama.meta.com/ and https://anotherwrapper.com/tools/llm-pricing

    Sources: Meta pricing (https://llama.meta.com/); AnotherWrapper LLM pricing (https://anotherwrapper.com/tools/llm-pricing)

    Better value

    Llama 3.1 405B Instruct

    Meta

    $1.78blended / 1M

    Input

    $0.89

    Output

    $0.89

    128K ctx|Open Source
    75%
    cheaper

    Magistral Medium

    Mistral

    $7.00blended / 1M

    Input

    $2.00

    Output

    $5.00

    40K ctx|Open Source
    Save $5.22 per million tokens by choosing Llama 3.1 405B Instruct over Magistral Medium.

    Llama 3.1 405B Instruct vs Magistral Medium comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    Llama 3.1 405B Instruct
    Magistral Medium
    Provider
    Provider
    Meta
    Mistral
    License
    Open Source
    Open Source
    Release Date
    2024-07-23
    2025-06-10
    Pricing (per 1M tokens)
    Input Price-55%
    $0.89
    $2.00
    Output Price-82%
    $0.89
    $5.00
    Blended (1M + 1M)
    $1.78
    $7.00
    Model Details
    Context Window
    128K
    40K
    Max Output Tokens
    128K
    N/A
    Knowledge Cutoff
    N/A
    2025-06-01
    Throughput
    42 tok/s
    N/A
    Benchmarks
    9%
    50.7%
    70.8%
    50.9%
    88.6%
    9.7%
    64.9%
    73.6%
    88.5%
    87.3%
    89%
    73.8%
    73.6%
    92%
    96.9%
    7.5%
    84.8%
    96.8%
    88.6%
    73.3%
    58.7%
    82.2%
    Benchmark Wins
    Llama 3.1 405B Instruct 1|2 Magistral Medium

    Verdict

    Llama 3.1 405B Instruct vs Magistral Medium: the bottom line

    Llama 3.1 405B Instruct offers significantly lower pricing, while Magistral Medium leads on benchmark performance. Your choice depends on whether cost efficiency or raw capability matters more for your use case.

    Llama 3.1 405B Instruct vs Magistral Medium FAQ

    Which is cheaper, Llama 3.1 405B Instruct or Magistral Medium?

    As of August 20, 2026, Llama 3.1 405B Instruct is 75% cheaper on blended LLM API pricing. Llama 3.1 405B Instruct costs $0.89 per million input tokens and $0.89 per million output tokens ($1.78 blended 1M-in + 1M-out). Magistral Medium costs $2.00 / $5.00 per million tokens ($7.00 blended). Sources: https://llama.meta.com/ and https://anotherwrapper.com/tools/llm-pricing. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does Llama 3.1 405B Instruct vs Magistral Medium cost per million tokens?

    Llama 3.1 405B Instruct Meta API pricing is $0.89 input and $0.89 output per million tokens via Meta. Magistral Medium Mistral API pricing is $2.00 input and $5.00 output per million tokens via Mistral AI. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, Llama 3.1 405B Instruct or Magistral Medium?

    Magistral Medium has a published LiveCodeBench score of 50.3%. Llama 3.1 405B Instruct does not have that eval on this page yet.

    What is the context window for Llama 3.1 405B Instruct vs Magistral Medium?

    Llama 3.1 405B Instruct supports a 128K token context window, while Magistral Medium supports 40K tokens. Llama 3.1 405B Instruct 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, Llama 3.1 405B Instruct or Magistral Medium?

    Magistral Medium leads on 2 of 3 shared benchmarks versus Llama 3.1 405B Instruct'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 Llama 3.1 405B Instruct or Magistral Medium better for production use?

    Both Llama 3.1 405B Instruct and Magistral Medium are production API models. For cost-sensitive production traffic, Llama 3.1 405B Instruct 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 Llama 3.1 405B Instruct and Magistral Medium in my app?

    Yes. Call Llama 3.1 405B Instruct through Meta and Magistral Medium through Mistral AI 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 Llama 3.1 405B Instruct vs Magistral Medium pricing data?

    List rates are the latest published Meta API pricing and Mistral API pricing, quoted per million tokens. Official rate sheets: https://llama.meta.com/ and https://anotherwrapper.com/tools/llm-pricing. 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 Llama 3.1 405B Instruct and Magistral Medium?

    Llama 3.1 405B Instruct supports up to 128K output tokens per request, while Magistral Medium supports up to an unspecified number of 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, Llama 3.1 405B Instruct or Magistral Medium?

    Llama 3.1 405B Instruct has a measured throughput of approximately 42 tokens/second. Throughput data for Magistral Medium is not yet available. 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 Llama 3.1 405B Instruct vs Magistral Medium comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open Llama 3.1 405B Instruct or Magistral Medium from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    Llama 3.1 405B Instruct vs Magistral Medium pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. Llama 3.1 405B Instruct costs $0.89/M input and $0.89/M output. Magistral Medium costs $2.00/M input and $5.00/M output via Mistral AI.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

    The index

    All Large Language Models

    280 models across 33 providers. Search or jump to a lab — every model page stays linked here.

    Baidu

    1 models

    Inception

    1 models

    inclusionAI

    1 models

    LG AI Research

    1 models

    Nous Research

    1 models

    Sakana AI

    1 models

    StepFun

    1 models

    Tencent

    1 models

    Thinking Machines

    1 models

    Unisound

    1 models

    Upstage

    1 models

    Next step

    You found the model. Now ship the product.

    Auth, billing, and the API layer are already decided. Fork 8 finished AI apps, or have us build the first version with you.