DeepSeek Reasoner (R1) vs Mistral Nemo

Performance benchmarks + pricing comparison — updated April 2026

DeepSeek Reasoner (R1)

DeepSeek

DeepSeek's reasoning model. Comparable to OpenAI's o1 but at much lower cost.

Input$0.550/M
Output$2.19/M
Context128K tokens
Best ForComplex reasoning, math, advanced coding
Benchmark72/100

Mistral Nemo

Mistral

Compact 12B open-weight model co-developed with NVIDIA. Excellent coding performance at minimal cost.

Input$0.150/M
Output$0.150/M
Context128K tokens
Best ForSelf-hosted deployments, cost-sensitive coding, edge deployments
Benchmark48/100

Benchmark Performance Comparison

Third-party benchmark scores — higher is better. Data sourced from SWE-bench, LiveCodeBench, HumanEval, and BigCodeBench.

BenchmarkDeepSeek Reasoner (R1)Mistral NemoLeader
Overall Score 72 48 DeepSeek Reasoner (R1) leads by 24pts
SWE-bench Verified 68 40 DeepSeek Reasoner (R1) leads by 28pts
LiveCodeBench 76 50 DeepSeek Reasoner (R1) leads by 26pts
HumanEval 90 70 DeepSeek Reasoner (R1) leads by 20pts
BigCodeBench 56 32 DeepSeek Reasoner (R1) leads by 24pts

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioDeepSeek Reasoner (R1)Mistral NemoSavings
Small Script (1K lines) $0.08 <$0.01 Mistral Nemo saves $0.08 (89%)
Medium Feature (10K lines) $0.63 $0.08 Mistral Nemo saves $0.55 (87%)
Large Project (50K lines) $3.15 $0.41 Mistral Nemo saves $2.74 (87%)
Code Review (5K lines) $0.15 $0.03 Mistral Nemo saves $0.12 (80%)

Value Analysis (Price per Benchmark Score Point)

Lower is better — how much you pay for each point of benchmark performance.

ModelOverall ScorePrice per Score PointVerdict
DeepSeek Reasoner (R1) 72 $0.008/pt Higher cost per point
Mistral Nemo 48 $0.002/pt Better value

Mistral Nemo delivers the best value at $0.002 per score point.

Strengths & Weaknesses

DeepSeek Reasoner (R1)

  • + Strong reasoning chain
  • + Good value
  • - Slow on simple tasks

Mistral Nemo

  • + Open weight
  • + Self-hostable
  • - Basic coding ability

Verdict

Mistral Nemo is cheaper at $0.150/M, but DeepSeek Reasoner (R1) scores higher on benchmarks (72 vs 48).

Choose Mistral Nemo for cost-sensitive projects, DeepSeek Reasoner (R1) when performance matters most.

Compare with Other Models