Codestral vs o3-mini: Detailed Comparison

Choosing between Codestral (Mistral AI) and o3-mini (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 $1.10/M for o3-mini; context windows are 32K vs 200K tokens. Detailed breakdown below.

Side-by-side specs

SpecCodestralo3-mini
ProviderMistral AIOpenAI
Released2024-05-292025-01-31
Input price $0.20/M $1.10/M
Output price $0.60/M $4.40/M
Cached input $0.5500/M
Context window 32K 200K
Max output 4K 100K
Modalities text text
Tokenizer mistral o200k_base

Capability matrix

CapabilityCodestralo3-mini
function calling Yes Yes
json mode Yes Yes
streaming Yes No
code Yes No
reasoning No Yes

Per-call cost on typical workloads

Workload (in/out tokens)Codestralo3-miniCheaper by
Standard chat (1K / 500) $0.000500 $0.003300 Codestral by $0.002800
RAG (4K / 500) $0.001100 $0.006600 Codestral by $0.005500
Long doc (20K / 1K) $0.004600 $0.026400 Codestral by $0.021800
Very long context (100K / 2K) $0.020900 $0.116600 Codestral by $0.095700

When to choose Codestral over o3-mini

  • Per-token input cost is 82% lower — meaningful for high-volume workloads.
  • Supports streaming — o3-mini does not.
  • Supports code — o3-mini does not.

When to choose o3-mini over Codestral

  • Larger context window (200K vs 32K).
  • Supports reasoning — Codestral does not.

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