Mistral AI API vs Cohere API
LLM API Providers pricing comparison · 2026
Mistral AI API pricing ranges from $0.1–$6/per million tokens, while Cohere API ranges from $0.037–$10/per million tokens. Mistral AI API is typically 17% more affordable, though your actual cost depends on tier and team size.
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Mistral AI API and Cohere API both operate in the llm api providers category. This page compares their list pricing.
Plan-by-Plan Pricing
| Plan | Mistral AI API | Cohere API |
|---|---|---|
| Free | Free /month | Free /month |
| Mistral Small | Custom | Custom |
| Mistral Medium | Custom | Custom |
| Mistral Large | Custom | Custom |
Contract Terms
| Term | Mistral AI API | Cohere API |
|---|---|---|
| Auto-renewal | — | No |
| Cancellation | — | — |
| Minimum commitment | — | — |
| Price escalation | Mistral has historically reduced prices rather than raised them — a 33% across-the-board price cut was announced in late 2024 with an additional 50% batch API discount | — |
| Can downgrade | — | Yes |