OpenAI o1 vs Mistral Nemo

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o1

OpenAI

Reasoning model optimized for complex problem-solving. Excels at math, science, and advanced coding.

Input$15.00/M
Output$60.00/M
Context200K tokens
Best ForComplex math, advanced coding, scientific reasoning
Benchmark83/100

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.

BenchmarkOpenAI o1Mistral NemoLeader
Overall Score 83 48 o1 leads by 35pts
SWE-bench Verified 80 40 o1 leads by 40pts
LiveCodeBench 84 50 o1 leads by 34pts
HumanEval 95 70 o1 leads by 25pts
BigCodeBench 73 32 o1 leads by 41pts

Cost Comparison by Scenario

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

ScenarioOpenAI o1Mistral NemoSavings
Small Script (1K lines) $2.32 <$0.01 Mistral Nemo saves $2.32 (100%)
Medium Feature (10K lines) $17.25 $0.08 Mistral Nemo saves $17.17 (100%)
Large Project (50K lines) $86.25 $0.41 Mistral Nemo saves $85.84 (100%)
Code Review (5K lines) $4.13 $0.03 Mistral Nemo saves $4.09 (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
OpenAI o1 83 $0.181/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

OpenAI o1

  • + Strong step-by-step reasoning
  • + Best at math-heavy coding
  • - Expensive
  • - Slow

Mistral Nemo

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

Verdict

Mistral Nemo is cheaper at $0.150/M, but OpenAI o1 scores higher on benchmarks (83 vs 48).

Choose Mistral Nemo for cost-sensitive projects, OpenAI o1 when performance matters most.

Compare with Other Models