Mistral Small 3.1 24B

Mistral chatvisionreasoningtool_use

API ID: mistralai/mistral-small-3.1-24b-instruct-2503

Input Price
$0.03
/1M tokens
Output Price
$0.11
/1M tokens

About Mistral Small 3.1 24B

Mistral Small is Mistral AI's efficient model, optimized for high-volume applications requiring fast responses and low costs. Despite its compact size, it delivers impressive performance on general tasks, outperforming many larger models from previous generations. The model excels at straightforward conversation, content generation, summarization, and basic coding tasks. Mistral Small features fast inference times suitable for real-time applications and interactive experiences. It supports function calling and JSON mode for structured outputs. The model is particularly valuable for customer-facing applications, chatbots, and high-throughput processing where cost optimization is critical. Mistral Small offers European data residency options, appealing to organizations with GDPR compliance requirements. For developers seeking capable AI at minimal cost with European provider benefits, Mistral Small provides an excellent entry point to Mistral's ecosystem. It's widely used for initial processing stages and applications where simpler tasks don't justify larger model costs.

๐Ÿ’ฐ
Price Ranking
#303 lowest price among 599 Chat models

Model Specifications

Context Length
131k
Max Output
131k
Release Date
2025-03-17
Capabilities
chat vision reasoning tool_use
Input Modalities
textimage
Output Modalities
text

Best For

  • Complex reasoning, math problems, multi-step logic
  • Image analysis, document understanding, visual Q&A
  • Conversations, content writing, general assistance

Consider Alternatives For

  • Simple Q&A (cheaper models available)

๐Ÿ’ฐ Real-World Cost Examples

Estimated monthly costs for common use cases

Personal AI Assistant
$0.05
/month
50 conversations/day, ~500 tokens each
Customer Service Bot
$1.44
/month
1000 tickets/day, ~800 tokens each
Data Analysis Pipeline
$2.00
/month
500 analyses/day, ~2k tokens each

Mistral Model Lineup

Compare all models from Mistral to find the best fit

Model Input Output Context Capabilities
Mistral Small 3.1 24B Current Free Free 131k chat vision reasoning tool_use
Mixtral 8x22B (base) Free Free 66k chat
Mistral Medium Free Free 32k chat
Mistral Small Free Free 32k chat
Codestral 2501 Free Free 256k chat code
Codestral Mamba Free Free 256k chat code

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Output: $0.11
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Input: $0.03
Output: $0.11
Context: 131k
Alibaba Qwen Qwen2.5 7B Instruct
Input: $0.04
Output: $0.10
Context: 33k
Microsoft Phi 4 Multimodal Instruct
Input: $0.05
Output: $0.10
Context: 131k

๐Ÿš€ Quick Start

Get started with Mistral Small 3.1 24B API

OpenAI-compatible SDK
from openai import OpenAI

client = OpenAI(
    base_url="https://api.provider.com/v1",
    api_key="YOUR_API_KEY"
)

response = client.chat.completions.create(
    model="mistralai/mistral-small-3.1-24b-instruct-2503",
    messages=[
        {"role": "user", "content": "Hello!"}
    ]
)
print(response.choices[0].message.content)