Mistral Large 2 vs Mistral Nemo

Performance benchmarks + pricing comparison — updated April 2026

Mistral Large 2

Mistral

Mistral's flagship model. Strong multilingual and coding capability.

Input$2.00/M
Output$6.00/M
Context128K tokens
Best ForEnterprise coding, multilingual tasks
Benchmark65/100

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.

BenchmarkMistral Large 2Mistral NemoLeader
Overall Score 65 48 Mistral Large 2 leads by 17pts
SWE-bench Verified 58 40 Mistral Large 2 leads by 18pts
LiveCodeBench 66 50 Mistral Large 2 leads by 16pts
HumanEval 84 70 Mistral Large 2 leads by 14pts
BigCodeBench 52 32 Mistral Large 2 leads by 20pts

Cost Comparison by Scenario

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

ScenarioMistral Large 2Mistral NemoSavings
Small Script (1K lines) $0.25 <$0.01 Mistral Nemo saves $0.24 (96%)
Medium Feature (10K lines) $1.90 $0.08 Mistral Nemo saves $1.82 (96%)
Large Project (50K lines) $9.50 $0.41 Mistral Nemo saves $9.09 (96%)
Code Review (5K lines) $0.50 $0.03 Mistral Nemo saves $0.47 (94%)

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
Mistral Large 2 65 $0.031/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

Mistral Large 2

  • + European data residency
  • + Good value
  • - Smaller ecosystem

Mistral Nemo

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

Verdict

Mistral Nemo is cheaper at $0.150/M, but Mistral Large 2 scores higher on benchmarks (65 vs 48).

Choose Mistral Nemo for cost-sensitive projects, Mistral Large 2 when performance matters most.

Compare with Other Models