Model comparison

Claude Haiku 4.5 vs Mistral Medium 3.5

Compare Claude Haiku 4.5 vs Mistral Medium 3.5 API pricing: input/output token costs, cache pricing, context windows, workload estimates, and routing fit.

Claude Haiku 4.5

anthropic · claude-haiku-4-5

Input
$1
Output
$5
Context
200K

Mistral Medium 3.5

mistral · mistral/mistral-medium-3-5

Input
$1.5
Output
$7.5
Context
262.1K

Quick take

Claude Haiku 4.5 has the lower input price at $1 per 1M input tokens. Claude Haiku 4.5 is cheaper for the example blended workload below. Mistral Medium 3.5 has the larger context window at 262.1K tokens.

Choose Claude Haiku 4.5 if...

  • Claude Haiku 4.5 is the better default for cost-sensitive traffic and repeated high-volume calls.
  • Claude Haiku 4.5 is stronger when the same large prompt or document is reused because it supports prompt caching.

Choose Mistral Medium 3.5 if...

  • Mistral Medium 3.5 is safer for long documents, repository analysis, and RAG prompts because it has the larger context window.
  • Mistral Medium 3.5 gives more room for long generated answers, reports, or code output.

Example workload cost

Estimates use input tokens plus 20% output tokens. They exclude provider discounts, cache hits, and tool/search surcharges.

Workload Claude Haiku 4.5 Mistral Medium 3.5 Cheaper
1M input + 200K output $2.00 $3.00 Claude Haiku 4.5
10M input + 2M output $20.00 $30.00 Claude Haiku 4.5
100M input + 20M output $200.00 $300.00 Claude Haiku 4.5

Context, output, and capability fit

Mistral Medium 3.5 provides the larger context window. Check max output separately when the task needs long reports, code generation, or full-document rewrites.

Claude Haiku 4.5 max output
64K
Mistral Medium 3.5 max output
262.1K
Claude Haiku 4.5 features
prompt caching, function calling, vision
Mistral Medium 3.5 features
function calling, vision

Risk notes for Claude Haiku 4.5

  • No major capability risk is flagged in this snapshot, but provider pages should still be verified before production routing.

Risk notes for Mistral Medium 3.5

  • No prompt caching in this snapshot: repeated long-context calls may be more expensive.

Routing tags

fastbudgetagentsenterprise-ragcache-friendlyragfrontiercodingreasoningmultimodalopen-weightenterpriselocal-open

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