Anthropic Claude Haiku Latest is $0.5 cheaper per 1M input tokens (33.3% lower; 1.5x difference).
API cost decision in 10 seconds
NewMistral Medium 3.5 vs NewAnthropic Claude Haiku Latest
Pick Anthropic Claude Haiku Latest for lower cost; pick Mistral Medium 3.5 only if the larger context window matters more.
Pricing data updated:
Prices normalized to USD per 1M tokens
Sample workload: 1M input + 500K output
Budget verdict
Pick Anthropic Claude Haiku Latest for lower cost; pick Mistral Medium 3.5 only if the larger context window matters more.
On the standard 1M input plus 500K output workload, Anthropic Claude Haiku Latest is estimated at $3.5 vs $5.25 for Mistral Medium 3.5, saving $1.75 (33.3% lower).
Cost-first pickAnthropic Claude Haiku Latest
Context-first pickMistral Medium 3.5
Sample savings$1.7533.3%
10x traffic gap$17.5
Mistral Medium 3.5 has more context, but Anthropic Claude Haiku Latest saves $1.75 on the standard workload. At 10x that traffic, the same price gap is about $17.5. Use the calculator below to replace the sample workload with your own token volume.
Cost sensitivity
Workload Sensitivity
Anthropic Claude Haiku Latest stays cheaper across input-heavy, balanced, and output-heavy sample workloads.
| Workload shape | Token mix | Better pick | Mistral Medium 3.5 | Anthropic Claude Haiku Latest |
|---|---|---|---|---|
| Input-heavy / RAG | 5M input + 500K output | Anthropic Claude Haiku Latest | $11.25 | $7.5 |
| Balanced workload | 1M input + 1M output | Anthropic Claude Haiku Latest | $9 | $6 |
| Output-heavy chatbot | 1M input + 5M output | Anthropic Claude Haiku Latest | $39 | $26 |
Anthropic Claude Haiku Latest is $2.5 cheaper per 1M output tokens (33.3% lower; 1.5x difference).
Mistral Medium 3.5 has 62.14K more context (1.31x larger).
Anthropic Claude Haiku Latest is $1.75 cheaper on the standard workload (33.3% lower).
Estimate your workload cost
Your Workload Cost
This estimate uses normalized public API pricing per 1M tokens. It is a planning aid, not a billing quote. Verify provider pricing, limits, and terms before production use.
Quick Decision
Anthropic Claude Haiku Latest has the lower input price; Anthropic Claude Haiku Latest has the lower output price; Mistral Medium 3.5 offers the larger context window. For the 1M input plus 500K output sample, Anthropic Claude Haiku Latest is cheaper for the standard workload.
For a 1M input token plus 500K output token workload, the estimated API cost is $5.25 for Mistral Medium 3.5 and $3.5 for Anthropic Claude Haiku Latest.
Choose Mistral Medium 3.5 when you care most about larger context window.
Choose Anthropic Claude Haiku Latest when you care most about lower input-token price, and lower output-token price.
- On the standard 1M input plus 500K output workload, Anthropic Claude Haiku Latest is estimated at $3.5 vs $5.25 for Mistral Medium 3.5, saving $1.75 (33.3% lower).
- Anthropic Claude Haiku Latest is $1.75 cheaper on the standard workload (33.3% lower).
- Anthropic Claude Haiku Latest is $0.5 cheaper per 1M input tokens (33.3% lower; 1.5x difference).
- Anthropic Claude Haiku Latest is $2.5 cheaper per 1M output tokens (33.3% lower; 1.5x difference).
- Mistral Medium 3.5 has 62.14K more context (1.31x larger).
| Feature | NewMistral Medium 3.5 (Mistral) | NewAnthropic Claude Haiku Latest (Anthropic) |
|---|---|---|
| Input Price prompt tokens per 1M | $1.5 | $1 |
| Completion Price per 1M tokens | $7.5 | $5 |
| Sample Workload Cost 1M input + 500K output | $5.25 | $3.5 |
| Context Window | 262.14K | 200K |
| Release Date |
Use-Case Decision Matrix
| Use case | Better pick | Why |
|---|---|---|
| Budget-constrained production | Anthropic Claude Haiku Latest | On the standard 1M input plus 500K output workload, Anthropic Claude Haiku Latest is estimated at $3.5 vs $5.25 for Mistral Medium 3.5, saving $1.75 (33.3% lower). |
| High-volume input processing | Anthropic Claude Haiku Latest | Lower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill. |
| Long responses and chatbots | Anthropic Claude Haiku Latest | Lower output-token price matters most when assistants generate many completion tokens. |
| RAG or long-document work | Mistral Medium 3.5 | A larger context window leaves more room for retrieved passages, conversation history, or source files. |
Related Alternatives
- Mistral Nemo can replace Mistral Medium 3.5 when lower sample workload cost matters most: $0.04.
- Mistral Small 3 can replace Mistral Medium 3.5 when lower sample workload cost matters most: $0.09.
- Ministral 3 3B 2512 can replace Mistral Medium 3.5 when lower sample workload cost matters most: $0.15.
- Mistral Small 3.2 24B can replace Mistral Medium 3.5 when lower sample workload cost matters most: $0.17.
- Llama 4 Scout offers 10M context with $0.23 sample workload cost.
- Grok 4.20 Multi-Agent offers 2M context with $5 sample workload cost.
- Grok 4.20 offers 2M context with $2.5 sample workload cost.
- Owl Alpha offers 1.05M context with $0 sample workload cost.
- No popular competitor is currently available.
Cheaper alternatives
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Open Anthropic modelsMistral Medium 3.5 is a dense 128B instruction-following model from Mistral AI. It supports text and image inputs with text output, and is designed for agentic workflows, coding, and complex...
This model always redirects to the latest model in the Anthropic Claude Haiku family.