Comparison · Anthropic and Mistral

Claude Haiku 5.5 vs Mistral Small 4

Listed API prices of Claude Haiku 5.5 and Mistral Small 4 turned into the cost of the same three standard tasks and what each provider’s API documentation says about features that break on a switch. Output quality, speed and answer length are not compared.

Calculated impact cost per task and per month

For an L2 task (deep analysis over a 50,000-token document, 3 steps), Claude Haiku 5.5 costs $0.017 and Mistral Small 4 $0.026 at the prices listed in the United States on , so Claude Haiku 5.5 is 32.2 % less than Mistral Small 4, counting visible output only, without cache discounts or hidden reasoning.

Head to head: Claude Haiku 5.5: $0.017; Mistral Small 4: $0.026 Calculated from published rates Input and visible output are priced separately for the same task. 159,000 input + 3,000 visible output tokens per task. No cache discount; hidden reasoning excluded.
Head to head.Calculated from published rates Input and visible output are priced separately for the same task. 159,000 input + 3,000 visible output tokens per task. No cache discount; hidden reasoning excluded. Open image · Explore the chart · Measured Lab · CC BY 4.0
TaskClaude Haiku 5.5, per taskMistral Small 4, per taskClaude Haiku 5.5, per monthMistral Small 4, per monthClaude Haiku 5.5 vs Mistral Small 4, per task
L1Micro-task (classification or strict JSON extraction)$0.0003per L1 task$0.0003per L1 task$3.65per month$5.04per month−27.5 %
L2Deep analysis over a 50,000-token document$0.017per L2 task$0.026per L2 task$254.04per month$374.49per month−32.2 %
L3Agentic coding loop, 15 steps$0.424per L3 task$0.203per L3 task$6,189.38per month$2,959.78per month+109.1 %

Calculated Per month: 20 tasks an hour around the clock, 730 hours.

Prices USD per 1M tokens

PriceClaude Haiku 5.5Mistral Small 4
Input, per 1M tokens$0.100$0.150
Output, per 1M tokens$0.500$0.600
Price fromProvider's price list · source page PublishedOpenRouter · source page (data) Published
Read · the United States · the United States
Context window1,000,000 tokens262,144 tokens

What can I use it for? six common tasks, our data checks

Quality on your task: not measured by Measured Lab yet.

TaskClaude Haiku 5.5Mistral Small 4
Answer customer messagesFits on price and contextFits on price and context
Pull data from invoices and documents with strict JSON and page imagesFits on price and contextFits on price and context
Summarize documents and meetingsFits on price and contextFits on price and context
Translate contentFits on price and contextFits on price and context
Chat assistant on your websiteFits on price and contextFits on price and context
Write and review code with tool callsFits on price and contextFits on price and context
Tasks it fits6 of 66 of 6

Checks of our data for six common tasks: a published price, a context window and answer length for the task and, where the task needs them, strict JSON output, page images and tool calls; prices, cost a month and terms for each model on its model card. Compare models for your own task in the model picker.

What breaks when you switch Published provider documentation

Moving from Anthropic to Mistral, 3 of the 5 features may not carry over, by each provider’s documentation:

  • Streamed tool arguments — Anthropic: yes; Mistral: not stated. An interface that shows arguments as they are written sees nothing until the whole call is ready.
  • Reasoning with tools — Anthropic: yes; Mistral: not stated. Switching reasoning on can rule out some tool settings or output formats, or the other way round.
  • Cache covers tool definitions — Anthropic: yes; Mistral: not stated. Where the cache does not cover tool definitions, a long tool list is paid as fresh input on every request.

Moving from Mistral to Anthropic: every feature that Mistral’s documentation lists as supported is also listed as supported by Anthropic.

Feature of the APIAnthropicMistral
Strict JSON schemasYesYes
Parallel tool callsYesYes
Streamed tool argumentsYesNot stated
Reasoning with toolsYesNot stated
Cache covers tool definitionsYesNot stated

What each provider’s own API documentation says, read ; “not stated” is not the same as “no”. Quotes and sources: what breaks when you switch AI APIs.

All model comparisons · How we check prices

Explore the numbers

Calculated from published rates

The same work. Two bills.

Input and visible output are priced separately for the same task.

$0.0082L2 task differenceMistral Small 4 more
$120.45L2 monthly differenceAssumption: 20 tasks/hour × 730 hours
Claude Haiku 5.5$0.017Mistral Small 4$0.026$0.00$0.01$0.02$0.03Claude Haiku 5.5$0.017Mistral Small 4$0.026$0.00$0.01$0.02$0.03
Fresh inputVisible output

159,000 input + 3,000 visible output tokens per task. No cache discount; hidden reasoning excluded.

Mistral Small 4 costs $0.0082 more per task.

Claude Haiku 5.5$0.0003Mistral Small 4$0.0003$0.00$0.0001$0.0002$0.0003$0.0004Claude Haiku 5.5$0.0003Mistral Small 4$0.0003$0.00$0.0001$0.0002$0.0003$0.0004
Fresh inputVisible output

1,500 input + 200 visible output tokens per task. No cache discount; hidden reasoning excluded.

Mistral Small 4 costs $0.0001 more per task.

Claude Haiku 5.5$0.424Mistral Small 4$0.203$0.00$0.20$0.40$0.60Claude Haiku 5.5$0.424Mistral Small 4$0.203$0.00$0.20$0.40$0.60
Fresh inputVisible output

1,315,500 input + 9,000 visible output tokens per task. No cache discount; hidden reasoning excluded.

Mistral Small 4 costs $0.221 less per task.

Claude Haiku 5.5$254.04Mistral Small 4$374.49$0$100$200$300$400Claude Haiku 5.5$254.04Mistral Small 4$374.49$0$100$200$300$400
Fresh inputVisible output

Assumption: 20 tasks/hour × 730 hours = 14,600 tasks/month.

Observed · United States

Wait and streaming speed

The same short request. Each route must have successful answers on at least two dates.

Claude Haiku 5.5

Direct API · Anthropic · 115 answers on 23 dates.

First answer token 528 ms
Observed range · dot = median0.02.04.06.08.0secondsObserved range · dot = median0.02.04.06.08.0seconds

Claude Haiku 5.5 · 528 ms median; observed range 290 ms–7.55 s.

Output speed 221 tokens/s
Observed range · dot = median0200400600800tokens/sObserved range · dot = median0200400600800tokens/s

Claude Haiku 5.5 · 221 tokens/s median; observed range 87.6 tokens/s–430 tokens/s.

Observed · independent medians

More output than the answer shows.

Visible answer64Hidden reasoning0020406080Visible answer64Hidden reasoning0020406080

Calculated median cost per request: $0.000081.

Visible outputHidden reasoning

Visible output and hidden reasoning are independent medians and are not added together. Request cost is the median of individually priced requests. Hidden reasoning is billed at the output rate.

Published context window: 1,000,000 tokens.

Published higher price above 100,000 input tokens.

Mistral Small 4

Collecting

No route for this model has passed the publication threshold.

Published context window: 262,144 tokens.

Published · provider documentation

What changes when you switch

A matching feature list does not measure migration quality. “Not stated” is not the same as “No”.

Feature of the APIAnthropicMistral
Strict JSON schemasYesYes
Parallel tool callsYesYes
Streamed tool argumentsYesNot stated
Reasoning with toolsYesNot stated
Cache covers tool definitionsYesNot stated

Anthropic → Mistral: Review Streamed tool arguments, Reasoning with tools, Cache covers tool definitions.

Mistral → Anthropic: The documented supported features carry over.

Read the dated documentation and feature details.

Sources: this page; published model prices (data (JSON)); task assumptions (data (JSON)). Published prices · Observed responses · Calculated scenarios · Assumptions stated with each chart.