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Llama 3.1 8B vs Mistral Small: Pricing, Benchmarks & Verdict (2026)

Pricing verified Apr 8, 2026

⚡ Quick Answer

Compare Llama 3.1 8B and Mistral Small across pricing, benchmarks, and capabilities.

Updated: April 8, 2026 · ✓ Pricing verified

Side-by-Side Comparison

FeatureLlama 3.1 8BMistral Small
ProviderMetaMistral
Input Price / 1M tokens$0.060$0.150
Output Price / 1M tokens$0.060$0.600
Context Window
128K
128K
Max Output Tokens
4,096
8,192
Arena ELO
1,120
1,185
Coding ELON/A1,160
TTFT (ms)
150
160
Tokens/sec
100
120
MultimodalNoNo
JSON ModeYesYes
Function CallingYesYes
VisionNoNo
When to Use Llama 3.1 8B

Llama 3.1 8B excels at cost-effective, fast-inference tasks.

Strengths:

  • Very cheap
  • Super fast
  • Good for lightweight tasks

Best for:

cost-effectivefast-inference
When to Use Mistral Small

Mistral Small excels at chatbots, classification, cost-sensitive, multilingual tasks.

Strengths:

  • Very affordable pricing
  • Fast inference speed
  • Good multilingual support
  • Suitable for lightweight tasks

Best for:

chatbotsclassificationcost-sensitivemultilingual

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