OpenAI o1-mini vs Mistral Large 2

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o1-mini

OpenAI

Cost-effective reasoning model. Good for coding tasks that require logical reasoning.

Input$1.10/M
Output$4.40/M
Context128K tokens
Best ForCoding logic, debugging, algorithm design
Benchmark70/100

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

Benchmark Performance Comparison

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

BenchmarkOpenAI o1-miniMistral Large 2Leader
Overall Score 70 65 o1-mini leads by 5pts
SWE-bench Verified 64 58 o1-mini leads by 6pts
LiveCodeBench 72 66 o1-mini leads by 6pts
HumanEval 90 84 o1-mini leads by 6pts
BigCodeBench 54 52 o1-mini leads by 2pts

Cost Comparison by Scenario

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

ScenarioOpenAI o1-miniMistral Large 2Savings
Small Script (1K lines) $0.17 $0.25 OpenAI o1-mini saves $0.08 (32%)
Medium Feature (10K lines) $1.27 $1.90 OpenAI o1-mini saves $0.64 (33%)
Large Project (50K lines) $6.33 $9.50 OpenAI o1-mini saves $3.17 (33%)
Code Review (5K lines) $0.30 $0.50 OpenAI o1-mini saves $0.20 (40%)

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
OpenAI o1-mini 70 $0.016/pt Better value
Mistral Large 2 65 $0.031/pt Higher cost per point

OpenAI o1-mini delivers the best value at $0.016 per score point.

Strengths & Weaknesses

OpenAI o1-mini

  • + Reasoning at lower cost
  • + Good for competitive programming
  • - Slower than standard models

Mistral Large 2

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

Verdict

OpenAI o1-mini wins on both price and performance — $1.10/M input with a benchmark score of 70/100.

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

Compare with Other Models