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MiniMax M2.1 vs Mistral Small 3.1 24B

Mistral Small 3.1 24B costs 2.2x less per output token than MiniMax M2.1 ($0.555 vs $1.20 per million). Updated October 22, 2026; no benchmark has tested both models yet.

MiniMax M2.1MiniMax
Coding
No data
Overall
No data
Output $/M
$1.20
Mistral Small 3.1 24BMistral AI
Coding
No data
Overall
No data
Output $/M
$0.555
vs $1.20 vs $0.555 per 1M output tokens. Mistral Small 3.1 24B is 2.2x cheaper.

MiniMax M2.1 or Mistral Small 3.1 24B: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick MiniMax M2.1 for a larger context window (205K against 128K tokens).

No benchmark has tested both yet. MiniMax M2.1 has results on LiveCodeBench (Vals AI), SWE-bench Verified (Vals AI) and LiveCodeBench (Artificial Analysis run); Mistral Small 3.1 24B on LMArena Text: coding, LMArena Text: software and IT and LMArena Text: hard prompts. Compare them on price and context instead.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
MiniMax M2.1 not benchmarked, Mistral Small 3.1 24B not benchmarked.
Widest category
None yet: no category has been tested on both models.
Widest single gap
None yet: no benchmark has tested both models.
Output price
MiniMax M2.1 $1.20 against Mistral Small 3.1 24B $0.555 per million output tokens, 2.2x apart.
Context window
MiniMax M2.1 takes 205K tokens, Mistral Small 3.1 24B 128K.

Benchmark by benchmark

Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.

CodingDirectional onlySix of these boards feed the Vibe Coding Index8 boards measured
Coding benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
LiveCodeBench (Vals AI)81.8%Not measuredOnly MiniMax M2.1 measured
SWE-bench Verified (Vals AI)74.8%Not measuredOnly MiniMax M2.1 measured
LiveCodeBench (Artificial Analysis run)81.0%Not measuredOnly MiniMax M2.1 measured
Terminal-Bench Hard (Artificial Analysis run)28.8%Not measuredOnly MiniMax M2.1 measured
Terminal-Bench36.6%Not measuredOnly MiniMax M2.1 measured
ALE-Bench623.8Not measuredOnly MiniMax M2.1 measured
LMArena Text: codingNot measured1309Only Mistral Small 3.1 24B measured
LMArena Text: software and ITNot measured1301Only Mistral Small 3.1 24B measured
Neither model has a result on the other 35 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Intelligence benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
AA Intelligence Index20.9Not measuredOnly MiniMax M2.1 measured
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Agentic work benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
τ²-Bench Telecom85.4%Not measuredOnly MiniMax M2.1 measured
Neither model has a result on the other 41 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index8 boards measured
Reasoning benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
GPQA Diamond78.5%Not measuredOnly MiniMax M2.1 measured
GPQA Diamond (Artificial Analysis run)83.0%Not measuredOnly MiniMax M2.1 measured
Humanity's Last Exam (Artificial Analysis run)23.2%Not measuredOnly MiniMax M2.1 measured
LMArena Text: hard promptsNot measured1278Only Mistral Small 3.1 24B measured
LMArena Text: expertNot measured1257Only Mistral Small 3.1 24B measured
LMArena Text: hard prompts in EnglishNot measured1290Only Mistral Small 3.1 24B measured
LMArena Vision: diagramsNot measured1119Only Mistral Small 3.1 24B measured
LMArena Vision: homeworkNot measured1158Only Mistral Small 3.1 24B measured
Neither model has a result on the other 15 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index7 boards measured
Math benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
AIME77.9%Not measuredOnly MiniMax M2.1 measured
MATH 500 (Vals AI)89.0%Not measuredOnly MiniMax M2.1 measured
MGSM (Vals AI)87.8%Not measuredOnly MiniMax M2.1 measured
AA Math Index82.7Not measuredOnly MiniMax M2.1 measured
AIME 2025 (Artificial Analysis run)82.7%Not measuredOnly MiniMax M2.1 measured
LMArena Text: mathNot measured1261Only Mistral Small 3.1 24B measured
LMArena Text: mathematical workNot measured1271Only Mistral Small 3.1 24B measured
Neither model has a result on the other 7 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index12 boards measured
Knowledge benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
MMLU Pro87.0%Not measuredOnly MiniMax M2.1 measured
LegalBench (Vals AI)75.5%Not measuredOnly MiniMax M2.1 measured
CaseLaw (Vals AI)55.8%Not measuredOnly MiniMax M2.1 measured
CorpFin (Vals AI)58.9%Not measuredOnly MiniMax M2.1 measured
TaxEval (Vals AI)66.3%Not measuredOnly MiniMax M2.1 measured
MedQA (Vals AI)91.2%Not measuredOnly MiniMax M2.1 measured
MedCode (Vals AI)34.1%Not measuredOnly MiniMax M2.1 measured
MMLU Pro (Artificial Analysis run)87.5%Not measuredOnly MiniMax M2.1 measured
LMArena Text: scienceNot measured1265Only Mistral Small 3.1 24B measured
LMArena Text: medicine and healthcareNot measured1267Only Mistral Small 3.1 24B measured
LMArena Text: legal and governmentNot measured1271Only Mistral Small 3.1 24B measured
LMArena Text: business and financeNot measured1257Only Mistral Small 3.1 24B measured
Neither model has a result on the other 8 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards measured
Web design benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
Design Arena: websites1201Not measuredOnly MiniMax M2.1 measured
Design Arena: UI components1220Not measuredOnly MiniMax M2.1 measured
Design Arena: game dev1134Not measuredOnly MiniMax M2.1 measured
Design Arena: data viz1206Not measuredOnly MiniMax M2.1 measured
Design Arena: 3D1164Not measuredOnly MiniMax M2.1 measured
Design Arena: all code categories1190Not measuredOnly MiniMax M2.1 measured
Design Arena: SVG1131Not measuredOnly MiniMax M2.1 measured
Neither model has a result on the other 2 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index28 boards measured
General benchmarks for MiniMax M2.1 and Mistral Small 3.1 24B
BenchmarkMiniMax M2.1Mistral Small 3.1 24BLeader
MedScribe (Vals AI)80.8%Not measuredOnly MiniMax M2.1 measured
IFBench69.9%Not measuredOnly MiniMax M2.1 measured
Long context reasoning (AA-LCR)67.7%Not measuredOnly MiniMax M2.1 measured
LMArena TextNot measured1277Only Mistral Small 3.1 24B measured
LMArena Text: instruction followingNot measured1263Only Mistral Small 3.1 24B measured
LMArena Text: creative writingNot measured1252Only Mistral Small 3.1 24B measured
LMArena VisionNot measured1136Only Mistral Small 3.1 24B measured
LMArena Text: EnglishNot measured1295Only Mistral Small 3.1 24B measured
LMArena Text: non-EnglishNot measured1255Only Mistral Small 3.1 24B measured
LMArena Text: ChineseNot measured1253Only Mistral Small 3.1 24B measured
LMArena Text: GermanNot measured1266Only Mistral Small 3.1 24B measured
LMArena Text: JapaneseNot measured1208Only Mistral Small 3.1 24B measured
LMArena Text: KoreanNot measured1207Only Mistral Small 3.1 24B measured
LMArena Text: FrenchNot measured1273Only Mistral Small 3.1 24B measured
LMArena Text: SpanishNot measured1284Only Mistral Small 3.1 24B measured
LMArena Text: RussianNot measured1263Only Mistral Small 3.1 24B measured
LMArena Text: PolishNot measured1242Only Mistral Small 3.1 24B measured
LMArena Text: multi-turnNot measured1270Only Mistral Small 3.1 24B measured
LMArena Text: longer queriesNot measured1299Only Mistral Small 3.1 24B measured
LMArena Text: writing and languageNot measured1268Only Mistral Small 3.1 24B measured
LMArena Text: entertainment and mediaNot measured1250Only Mistral Small 3.1 24B measured
LMArena Vision: EnglishNot measured1157Only Mistral Small 3.1 24B measured
LMArena Vision: ChineseNot measured1155Only Mistral Small 3.1 24B measured
LMArena Vision: reading textNot measured1132Only Mistral Small 3.1 24B measured
LMArena Vision: humorNot measured1142Only Mistral Small 3.1 24B measured
LMArena Vision: captioningNot measured1153Only Mistral Small 3.1 24B measured
LMArena Vision: recognizing thingsNot measured1155Only Mistral Small 3.1 24B measured
LMArena Vision: creative writingNot measured1123Only Mistral Small 3.1 24B measured
Neither model has a result on the other 20 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

MiniMax M2.1$0.0009Fits in one request
Mistral Small 3.1 24B$0.0006Fits in one request

Mistral Small 3.1 24B costs less

Repository review

50K input + 3K output tokens

MiniMax M2.1$0.019Fits in one request
Mistral Small 3.1 24B$0.019Fits in one request

MiniMax M2.1 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2.1$0.072Exceeds the context window
Mistral Small 3.1 24B$0.076Exceeds the context window

MiniMax M2.1 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of MiniMax M2.1 and Mistral Small 3.1 24B
SpecificationMiniMax M2.1Mistral Small 3.1 24B
MakerMiniMaxMistral AI
WeightsOpen weightsOpen weights
ReleasedDecember 23, 2025March 17, 2025
Context window205K128K
Input $/Mtok$0.30$0.351
Output $/Mtok$1.20$0.555
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved task$0.59Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2.1 better than Mistral Small 3.1 24B for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick MiniMax M2.1 for a larger context window (205K against 128K tokens).

Which is cheaper, MiniMax M2.1 or Mistral Small 3.1 24B?

MiniMax M2.1 costs $0.30 per million input tokens and $1.20 per million output tokens; Mistral Small 3.1 24B costs $0.351 and $0.555. Cost per solved task is known for MiniMax M2.1 only.

Which has the bigger context window, MiniMax M2.1 or Mistral Small 3.1 24B?

MiniMax M2.1, with 205K tokens against 128K.

Has any benchmark tested both MiniMax M2.1 and Mistral Small 3.1 24B?

No benchmark has tested both yet. MiniMax M2.1 has results on LiveCodeBench (Vals AI), SWE-bench Verified (Vals AI) and LiveCodeBench (Artificial Analysis run); Mistral Small 3.1 24B on LMArena Text: coding, LMArena Text: software and IT and LMArena Text: hard prompts. Compare them on price and context instead. Data as of October 22, 2026.

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