GPT-4 Turbo vs Mistral Small 3

Performance benchmarks + pricing comparison — updated April 2026

GPT-4 Turbo

OpenAI

Previous generation high-performance model. Good for complex reasoning tasks.

Input$10.00/M
Output$30.00/M
Context128K tokens
Best ForComplex reasoning, data extraction, analysis
Benchmark70/100

Mistral Small 3

Mistral

Mistral's cost-effective model. Very affordable for general-purpose tasks.

Input$0.100/M
Output$0.300/M
Context32K tokens
Best ForHigh-volume tasks, cost optimization
Benchmark42/100

Benchmark Performance Comparison

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

BenchmarkGPT-4 TurboMistral Small 3Leader
Overall Score 70 42 GPT-4 Turbo leads by 28pts
SWE-bench Verified 64 35 GPT-4 Turbo leads by 29pts
LiveCodeBench 72 44 GPT-4 Turbo leads by 28pts
HumanEval 88 65 GPT-4 Turbo leads by 23pts
BigCodeBench 56 28 GPT-4 Turbo leads by 28pts

Cost Comparison by Scenario

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

ScenarioGPT-4 TurboMistral Small 3Savings
Small Script (1K lines) $1.25 $0.01 Mistral Small 3 saves $1.24 (99%)
Medium Feature (10K lines) $9.50 $0.10 Mistral Small 3 saves $9.40 (99%)
Large Project (50K lines) $47.50 $0.47 Mistral Small 3 saves $47.02 (99%)
Code Review (5K lines) $2.50 $0.02 Mistral Small 3 saves $2.48 (99%)

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
GPT-4 Turbo 70 $0.133/pt Higher cost per point
Mistral Small 3 42 $0.002/pt Better value

Mistral Small 3 delivers the best value at $0.002 per score point.

Strengths & Weaknesses

GPT-4 Turbo

  • + Proven model
  • + Large context
  • - Superseded by GPT-4o

Mistral Small 3

  • + Ultra-cheap
  • - Very limited capabilities

Verdict

Mistral Small 3 is cheaper at $0.100/M, but GPT-4 Turbo scores higher on benchmarks (70 vs 42).

Choose Mistral Small 3 for cost-sensitive projects, GPT-4 Turbo when performance matters most.

Compare with Other Models