DeepSeek Reasoner (R1) vs Mistral Small 3

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
Context	128K tokens
Best For	Complex reasoning, math, advanced coding
Benchmark	72/100

Mistral

Mistral's efficient small model. Great performance for its size at very competitive pricing.

Input	$0.100/M
Output	$0.300/M
Context	32K tokens
Best For	Chat, summarization, general text tasks

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

Scenario	DeepSeek Reasoner (R1)	Mistral Small 3	Savings
Small Script (1K lines)	$0.08	$0.01	Mistral Small 3 saves $0.07 (85%)
Medium Feature (10K lines)	$0.63	$0.10	Mistral Small 3 saves $0.54 (85%)
Large Project (50K lines)	$3.15	$0.47	Mistral Small 3 saves $2.68 (85%)
Code Review (5K lines)	$0.15	$0.02	Mistral Small 3 saves $0.13 (83%)

Mistral Small 3 wins on both price and performance — $0.100/M input with a benchmark score of N/A/100.

For most developers, this is the clear choice between these two models.

Anthropic's balanced model for coding and general tasks. Best price-performance ratio in the Claude family.

Anthropic's most powerful model. Best for complex reasoning and challenging coding tasks.

Previous generation Sonnet. Still excellent for coding tasks at the same price point.

Fast, cost-effective model for high-volume tasks. Great for code review and simple queries.

First generation Opus. Highest reasoning capability in the Claude 3 family.

First generation Sonnet. Balanced performance for general tasks.