token.app › Compare › Mistral Medium 3 vs Mercury 3
Mistral Medium 3 vs Mercury 3
Mercury 3 is 4.9× cheaper per token on a blended 3:1 basis. Mercury 3 accepts the larger context window (1M).
Head to head
Blended price uses a 3:1 input:output mix
| Mistral Medium 3 | Mercury 3 | |
|---|---|---|
| Provider | Mistral AI | Inception |
| Input $/1M | $0.400 | $0.100 |
| Output $/1M | $2.00 | $0.350 |
| Blended $/1M | $0.800 | $0.163 |
| Context window | 131K | 1M |
| Max output | 105K | 131K |
| Released | May 2025 | Oct 2026 |
| Licence | Proprietary | Proprietary |
Choose Mistral Medium 3 if…
- No clear advantage on the data we hold.
Choose Mercury 3 if…
- Costs less per token — $0.163 vs $0.800 blended
- Larger context window (1M)
- Newer model (released Oct 2026)
FAQ
Which is better, Mistral Medium 3 or Mercury 3?
We do not hold independently-run benchmark scores covering both Mistral Medium 3 and Mercury 3, so we make no quality claim. Their pricing and specifications are compared on this page.
Is Mistral Medium 3 cheaper than Mercury 3?
Mercury 3 is cheaper: $0.163 versus $0.800 per million tokens blended at 3:1 input:output. Input alone: $0.400 vs $0.100. Output alone: $2.00 vs $0.350.
What context windows do Mistral Medium 3 and Mercury 3 have?
Mistral Medium 3: 131,072 tokens. Mercury 3: 1,000,000 tokens.
Who makes Mistral Medium 3 and Mercury 3?
Mistral Medium 3 is made by Mistral AI. Mercury 3 is made by Inception.
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