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Llama 3.1 405B vs Mistral Medium 3: Pricing, Benchmarks & Verdict (2026)

Pricing verified Apr 8, 2026

⚡ Quick Answer

Compare Llama 3.1 405B and Mistral Medium 3 across pricing, benchmarks, and capabilities.

Updated: April 8, 2026 · ✓ Pricing verified

Side-by-Side Comparison

FeatureLlama 3.1 405BMistral Medium 3
ProviderMetaMistral AI
Input Price / 1M tokens$3.00$0.400
Output Price / 1M tokens$3.00$2.00
Context Window
128K
128K
Max Output Tokens
4,096
4,096
Arena ELO
1,240
1,220
Coding ELO1,200N/A
TTFT (ms)
150
150
Tokens/sec
100
100
MultimodalNoNo
JSON ModeYesYes
Function CallingYesYes
VisionNoNo
When to Use Llama 3.1 405B

Llama 3.1 405B excels at general-purpose, reasoning, long-context tasks.

Strengths:

  • Largest open model
  • Excellent reasoning
  • High quality outputs

Best for:

general-purposereasoninglong-context
When to Use Mistral Medium 3

Mistral Medium 3 excels at general-purpose, coding tasks.

Strengths:

  • Good reasoning
  • Balanced performance
  • Large context

Best for:

general-purposecoding

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