AI model comparison

Mistral Small 3 vs Llama 3.1 8B Instruct

Pricing, context window, benchmarks, and features compared side by side. Or skip the guesswork and send one prompt to both.

Mistral Small 3 is a 24B-parameter language model optimized for low-latency performance across common AI tasks.

Input / 1M
$0.05
Output / 1M
$0.08
Context
33K

Meta's latest class of model (Llama 3.1) launched with a variety of sizes & flavors. This 8B instruct-tuned version is fast and efficient.

Input / 1M
$0.05
Output / 1M
$0.08
Context
131K

At a glance

Quick verdict

How the two models stack up on the things people ask about most.

Lower price

Tie

Same price for a typical chat

Higher intelligence score

meta-llama logo

Llama 3.1 8B Instruct

6.9 vs 6.7 on Artificial Analysis

Larger context window

meta-llama logo

Llama 3.1 8B Instruct

131K vs 33K tokens

Newer release

mistralai logo

Mistral Small 3

Released January 30, 2025

Benchmarks

Benchmark scores

Independent scores from Artificial Analysis. Higher is better.

Intelligence index

mistralai logoMistral Small 36.7
meta-llama logoLlama 3.1 8B Instruct6.9

Coding index

mistralai logoMistral Small 3Not available
meta-llama logoLlama 3.1 8B Instruct5.4

Agentic index

mistralai logoMistral Small 3Not available
meta-llama logoLlama 3.1 8B InstructNot available

Pricing

Mistral Small 3 vs Llama 3.1 8B Instruct API pricing

Per-token API rates. Cheaper option highlighted.

Metricmistralai logoMistral Small 3meta-llama logoLlama 3.1 8B Instruct
Input tokensPer 1M tokens$0.05$0.05
Output tokensPer 1M tokens$0.08$0.08
Cached input (read)Per 1M tokensNot available$0.03
Cache writePer 1M tokensNot availableNot available

What it costs in practice

Estimated cost per 1,000 requests at standard rates. Coding and long-document figures also show the cost when the input is already cached.

Chat message

2K in, 500 out

mistralai logoMistral Small 3$0.14
meta-llama logoLlama 3.1 8B Instruct$0.14

Coding task

30K in, 4K out

mistralai logoMistral Small 3$1.82
meta-llama logoLlama 3.1 8B Instruct$1.82$1.07 cached

Long document summary

150K in, 2K out

mistralai logoMistral Small 3$7.66
meta-llama logoLlama 3.1 8B Instruct$7.66$3.91 cached

Specs

Context window and capabilities

How much each model can read, how much it can write, and what it accepts as input.

Metricmistralai logoMistral Small 3meta-llama logoLlama 3.1 8B Instruct
Context window33K tokens131K tokens
Max output16K tokens118K tokens
Input typesTextText
Output typesTextText
Reasoning effort levelsNot availableNot available
Default reasoning effortNot availableNot available
Release dateJanuary 30, 2025July 23, 2024

Features

Supported features

API features available for each model.

Metricmistralai logoMistral Small 3meta-llama logoLlama 3.1 8B Instruct
Tool callingNot supportedSupported
Structured outputsSupportedSupported
JSON modeSupportedSupported
ReasoningNot supportedNot supported
TemperatureSupportedSupported
Stop sequencesSupportedSupported
Deterministic seedSupportedSupported
Verbosity controlNot supportedNot supported

Our take

Llama 3.1 8B Instruct scores higher on the Artificial Analysis Intelligence Index (6.9 vs 6.7). Llama 3.1 8B Instruct has the larger context window (131K vs 33K tokens). The right pick depends on your workload, so the quickest way to settle it is to send the same prompt to both and compare.

FAQ

Frequently asked questions

Is Mistral Small 3 or Llama 3.1 8B Instruct cheaper?

Mistral Small 3 and Llama 3.1 8B Instruct cost the same for a typical chat (2K input tokens and 500 output tokens). Mistral Small 3 costs $0.05 per 1M input tokens and $0.08 per 1M output tokens, and Llama 3.1 8B Instruct costs $0.05 per 1M input tokens and $0.08 per 1M output tokens.

Which has a bigger context window, Mistral Small 3 or Llama 3.1 8B Instruct?

Llama 3.1 8B Instruct supports up to 131K tokens of context, compared with 33K for Mistral Small 3.

Is Mistral Small 3 smarter than Llama 3.1 8B Instruct?

On the Artificial Analysis Intelligence Index, Mistral Small 3 scores 6.7 and Llama 3.1 8B Instruct scores 6.9, putting Llama 3.1 8B Instruct ahead. Benchmarks don't capture everything, so the best test is running your own prompts through both.

Can I use Mistral Small 3 and Llama 3.1 8B Instruct at the same time?

Yes. Shortcut Chat sends one prompt to multiple models at once, so you can see Mistral Small 3 and Llama 3.1 8B Instruct answer side by side and keep the better response.

mistralai logometa-llama logo

Why choose? Ask both.

Send one prompt to Mistral Small 3 and Llama 3.1 8B Instruct at the same time. Compare the answers side by side and keep the best one.