Codestral vs GPT-5 Nano: Detailed Comparison
Choosing between Codestral (Mistral AI) and
GPT-5 Nano (OpenAI) comes down to three things:
per-token pricing, context window, and which capability matters most for your workload.
Codestral costs $0.20/M input vs
$0.05/M for GPT-5 Nano;
context windows are 32K vs
400K tokens. Detailed breakdown below.
Side-by-side specs
| Spec | Codestral | GPT-5 Nano |
|---|
| Provider | Mistral AI | OpenAI |
|---|
| Released | 2024-05-29 | 2025-08-07 |
|---|
| Input price |
$0.20/M |
$0.05/M |
| Output price |
$0.60/M |
$0.40/M |
| Cached input |
— |
$0.0050/M |
| Context window |
32K |
400K |
| Max output |
4K |
64K |
| Modalities |
text |
text |
| Tokenizer |
mistral |
o200k_base |
Capability matrix
| Capability | Codestral | GPT-5 Nano |
|---|
| function calling |
Yes |
Yes |
| json mode |
Yes |
Yes |
| streaming |
Yes |
Yes |
| code |
Yes |
No |
Per-call cost on typical workloads
| Workload (in/out tokens) | Codestral | GPT-5 Nano | Cheaper by |
|---|
| Standard chat (1K / 500) |
$0.000500 |
$0.000250 |
GPT-5 Nano by $0.000250 |
| RAG (4K / 500) |
$0.001100 |
$0.000400 |
GPT-5 Nano by $0.000700 |
| Long doc (20K / 1K) |
$0.004600 |
$0.001400 |
GPT-5 Nano by $0.003200 |
| Very long context (100K / 2K) |
$0.020900 |
$0.005600 |
GPT-5 Nano by $0.015300 |
When to choose Codestral over GPT-5 Nano
- Supports code — GPT-5 Nano does not.
When to choose GPT-5 Nano over Codestral
- Per-token input cost is 75% lower than Codestral.
- Larger context window (400K vs 32K).
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