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Mistral Small 3.1 24B vs o3 Mini

Mistral Small 3.1 24B costs 7.9x less per output token than o3 Mini ($0.555 vs $4.40 per million). Updated October 21, 2026; 28 benchmarks have a result for both.

Mistral Small 3.1 24BMistral AI
Coding
No data
Overall
No data
Output $/M
$0.555
0
o3 MiniOpenAI
Coding
No data
Overall
12.5
Output $/M
$4.40
28
vs boards won of 28 shared

Mistral Small 3.1 24B or o3 Mini: which to pick

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

Pick Mistral Small 3.1 24B for output tokens 7.9x cheaper ($0.555 vs $4.40 per million) and work measured by LMArena Text: coding or LMArena Text: software and IT, where it leads.

Shared results
28
Mistral Small 3.1 24B only
10
o3 Mini only
42
Like-for-like categories
5 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

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
Mistral Small 3.1 24B not benchmarked, o3 Mini not benchmarked.
Widest category
Math, 21.8 points apart on average over 2 shared benchmarks.
Widest single gap
LMArena Text: math: Mistral Small 3.1 24B 1261 against o3 Mini 1396, 22.4 points apart on a 0 to 100 scale.
Output price
Mistral Small 3.1 24B $0.555 against o3 Mini $4.40 per million output tokens, 7.9x apart.
Context window
Mistral Small 3.1 24B takes 128K tokens, o3 Mini 200K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryMistral Small 3.1 24BBarso3 MiniTies
Coding02
Reasoning03
Math02
Knowledge04
General017
All shared boards028
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
Aider polyglotNot measured60.4%Only o3 Mini measured
SWE-bench VerifiedNot measured42.4%Only o3 Mini measured
SWE-bench LiteNot measured32.3%Only o3 Mini measured
LiveCodeBench (Vals AI)Not measured71.5%Only o3 Mini measured
LiveCodeBench (Artificial Analysis run)Not measured73.4%Only o3 Mini measured
SciCodeNot measured42.8%Only o3 Mini measured
Terminal-Bench Hard (Artificial Analysis run)Not measured6.8%Only o3 Mini measured
GSO-BenchNot measured1.3%Only o3 Mini measured
WeirdMLNot measured43.7%Only o3 Mini measured
CybenchNot measured22.5%Only o3 Mini measured
LMArena Text: coding13091378o3 Mini
LMArena Text: software and IT13011364o3 Mini
Neither model has a result on the other 26 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index2 boards, none shared
Intelligence benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
AA Intelligence IndexNot measured12.5Only o3 Mini measured
Epoch Capabilities IndexNot measured140.2Only o3 Mini measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index1 board, none shared
Agentic work benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
τ²-Bench TelecomNot measured31.3%Only o3 Mini measured
Neither model has a result on the other 38 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index03
Reasoning benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
GPQA DiamondNot measured75.5%Only o3 Mini measured
GPQA Diamond (Artificial Analysis run)Not measured77.3%Only o3 Mini measured
Humanity's Last Exam (Artificial Analysis run)Not measured12.0%Only o3 Mini measured
GPQA Diamond (Epoch AI run)Not measured77.0%Only o3 Mini measured
ARC-AGINot measured34.5%Only o3 Mini measured
ARC-AGI-2Not measured3.0%Only o3 Mini measured
SimpleBenchNot measured22.8%Only o3 Mini measured
Chess puzzlesNot measured15.0%Only o3 Mini measured
Mystery game puzzlesNot measured7.0%Only o3 Mini measured
LMArena Text: hard prompts12781365o3 Mini
LMArena Text: expert12571364o3 Mini
LMArena Text: hard prompts in English12901375o3 Mini
LMArena Vision: diagrams1119Not measuredOnly Mistral Small 3.1 24B measured
LMArena Vision: homework1158Not measuredOnly Mistral Small 3.1 24B measured
Neither model has a result on the other 7 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
AIMENot measured86.5%Only o3 Mini measured
MATH 500 (Vals AI)Not measured91.8%Only o3 Mini measured
MGSM (Vals AI)Not measured91.3%Only o3 Mini measured
OTIS Mock AIMENot measured76.9%Only o3 Mini measured
FrontierMath, tiers 1 to 3Not measured18.6%Only o3 Mini measured
FrontierMath, tier 4Not measured0.0%Only o3 Mini measured
MATH level 5Not measured96.5%Only o3 Mini measured
LMArena Text: math12611396o3 Mini
LMArena Text: mathematical work12711399o3 Mini
Neither model has a result on the other 4 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
MMLU ProNot measured78.7%Only o3 Mini measured
LegalBench (Vals AI)Not measured71.5%Only o3 Mini measured
CorpFin (Vals AI)Not measured45.3%Only o3 Mini measured
TaxEval (Vals AI)Not measured69.4%Only o3 Mini measured
MedQA (Vals AI)Not measured94.8%Only o3 Mini measured
MMLU Pro (Artificial Analysis run)Not measured80.2%Only o3 Mini measured
SimpleQA VerifiedNot measured15.3%Only o3 Mini measured
LMArena Text: science12651339o3 Mini
LMArena Text: medicine and healthcare12671330o3 Mini
LMArena Text: legal and government12711328o3 Mini
LMArena Text: business and finance12571313o3 Mini
Neither model has a result on the other 6 boards here
Web designNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Web design benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
Neither model has a result on 9 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index017
General benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
IFBenchNot measured67.1%Only o3 Mini measured
Long context reasoning (AA-LCR)Not measured43.0%Only o3 Mini measured
DTBenchNot measured68.8%Only o3 Mini measured
LMCANot measured19.0%Only o3 Mini measured
Fiction.LiveBenchNot measured50.0%Only o3 Mini measured
Creative writing (Lech Mazur)Not measured61.7%Only o3 Mini measured
LMArena Text12771337o3 Mini
LMArena Text: instruction following12631337o3 Mini
LMArena Text: creative writing12521286o3 Mini
LMArena Vision1136Not measuredOnly Mistral Small 3.1 24B measured
LMArena Text: English12951351o3 Mini
LMArena Text: non-English12551319o3 Mini
LMArena Text: Chinese12531379o3 Mini
LMArena Text: German12661303o3 Mini
LMArena Text: Japanese12081286o3 Mini
LMArena Text: Korean12071313o3 Mini
LMArena Text: French12731334o3 Mini
LMArena Text: Spanish12841321o3 Mini
LMArena Text: Russian12631304o3 Mini
LMArena Text: Polish12421294o3 Mini
LMArena Text: multi-turn12701320o3 Mini
LMArena Text: longer queries12991343o3 Mini
LMArena Text: writing and language12681313o3 Mini
LMArena Text: entertainment and media12501283o3 Mini
LMArena Vision: English1157Not measuredOnly Mistral Small 3.1 24B measured
LMArena Vision: Chinese1155Not measuredOnly Mistral Small 3.1 24B measured
LMArena Vision: reading text1132Not measuredOnly Mistral Small 3.1 24B measured
LMArena Vision: humor1142Not measuredOnly Mistral Small 3.1 24B measured
LMArena Vision: captioning1153Not measuredOnly Mistral Small 3.1 24B measured
LMArena Vision: recognizing things1155Not measuredOnly Mistral Small 3.1 24B measured
LMArena Vision: creative writing1123Not measuredOnly Mistral Small 3.1 24B measured
Neither model has a result on the other 15 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for Mistral Small 3.1 24B and o3 Mini
BenchmarkMistral Small 3.1 24Bo3 MiniLeader
Neither model has a result on 5 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

Mistral Small 3.1 24B$0.0006Fits in one request
o3 Mini$0.0033Fits in one request

Mistral Small 3.1 24B costs less

Repository review

50K input + 3K output tokens

Mistral Small 3.1 24B$0.019Fits in one request
o3 Mini$0.068Fits in one request

Mistral Small 3.1 24B costs less

Agent loop

200K input + 10K output tokens

Mistral Small 3.1 24B$0.076Exceeds the context window
o3 Mini$0.264Exceeds the context window

Mistral Small 3.1 24B 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 Mistral Small 3.1 24B and o3 Mini
SpecificationMistral Small 3.1 24BOpenAI o3 Mini
MakerMistral AIOpenAI
WeightsOpen weightsNo public weights listed
ReleasedMarch 17, 2025January 31, 2025
Context window128K200K
Input $/Mtok$0.351$1.10
Output $/Mtok$0.555$4.40
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Mistral Small 3.1 24B better than o3 Mini for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Mistral Small 3.1 24B for output tokens 7.9x cheaper ($0.555 vs $4.40 per million) and work measured by LMArena Text: coding or LMArena Text: software and IT, where it leads.

Which is cheaper, Mistral Small 3.1 24B or o3 Mini?

Mistral Small 3.1 24B costs $0.351 per million input tokens and $0.555 per million output tokens; o3 Mini costs $1.10 and $4.40. Cost per solved task is known for neither of them.

Which has the bigger context window, Mistral Small 3.1 24B or o3 Mini?

o3 Mini, with 200K tokens against 128K.

How many benchmarks is the Mistral Small 3.1 24B vs o3 Mini comparison based on?

28 benchmarks have a result for both models as of October 21, 2026. Mistral Small 3.1 24B's coding index rests on 0 independent benchmarks and o3 Mini's on 0. Where only one model has a result, the page says so instead of naming a winner.

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