Mistral Nemo vs GPT-4.1 mini

Performance benchmarks + pricing comparison — updated April 2026

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

GPT-4.1 mini

OpenAI

Cost-optimized GPT-4.1 variant. Strong coding capability at budget pricing, replacing GPT-4o mini for many use cases.

Input$0.400/M
Output$1.60/M
Context128K tokens
Best ForHigh-volume coding, cost-sensitive projects, automation
Benchmark68/100

Benchmark Performance Comparison

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

BenchmarkMistral NemoGPT-4.1 miniLeader
Overall Score 48 68 GPT-4.1 Mini leads by 20pts
SWE-bench Verified 40 62 GPT-4.1 Mini leads by 22pts
LiveCodeBench 50 70 GPT-4.1 Mini leads by 20pts
HumanEval 70 86 GPT-4.1 Mini leads by 16pts
BigCodeBench 32 54 GPT-4.1 Mini leads by 22pts

Cost Comparison by Scenario

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

ScenarioMistral NemoGPT-4.1 miniSavings
Small Script (1K lines) <$0.01 $0.06 Mistral Nemo saves $0.05 (84%)
Medium Feature (10K lines) $0.08 $0.46 Mistral Nemo saves $0.38 (82%)
Large Project (50K lines) $0.41 $2.30 Mistral Nemo saves $1.89 (82%)
Code Review (5K lines) $0.03 $0.11 Mistral Nemo saves $0.08 (73%)

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 Nemo 48 $0.002/pt Better value
GPT-4.1 mini 68 $0.022/pt Higher cost per point

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

Strengths & Weaknesses

Mistral Nemo

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

GPT-4.1 mini

  • + Good value
  • + Latest architecture
  • - Mini variant limitations

Verdict

Mistral Nemo is cheaper at $0.150/M, but GPT-4.1 mini scores higher on benchmarks (68 vs 48).

Choose Mistral Nemo for cost-sensitive projects, GPT-4.1 mini when performance matters most.

Compare with Other Models