Perplexity API vs Mistral AI API
LLM API Providers pricing comparison · 2026
Perplexity API pricing ranges from $1–$15/per million tokens + per-request fee, while Mistral AI API ranges from $0.1–$6/per million tokens. Mistral AI API is typically 83% more affordable, though your actual cost depends on tier and team size.
LLM API Providers
Perplexity API
$1–$15
/per million tokens + per-request fee
Full pricing breakdown →
VS
Perplexity API and Mistral AI API both operate in the llm api providers category. This page compares their list pricing.
Plan-by-Plan Pricing
| Plan | Perplexity API | Mistral AI API |
|---|---|---|
| Sonar | Custom | Free /month |
| Sonar Pro | Custom | Custom |
| Sonar Reasoning Pro | Custom | Custom |
| Sonar Deep Research | Custom | Custom |
Contract Terms
| Term | Perplexity API | Mistral AI API |
|---|---|---|
| Auto-renewal | No | — |
| Cancellation | N/A — pay-as-you-go, no subscription required | — |
| Minimum commitment | None | — |
| Price escalation | No published schedule; no mid-cycle price increase reported in sources | 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 | — |