Kimi vs Mistral API pricing
Checked against the official price pages on 2026-10-14
In short
At 100M input and 20M output tokens a month, the cheapest model from each is kimi-k2.7-code (about ¥1,190 a month) and Mistral Large (about ¥539 a month). Mistral's entry model is cheaper; Kimi's costs about 2.2 times as much.
The most expensive from each is kimi-k3 (about ¥4,000 a month) and Mistral Large (about ¥539 a month). Price says nothing about whether the models are equally capable; weigh it with benchmarks and context length.
For your own usage: API cost calculator
All models
Prices are per million tokens: ¥ is CNY, $ is USD; time-of-day pricing is written peak / off-peak. Monthly cost is in CNY and assumes 100M input and 20M output tokens a month, no cache hits and half of calls at peak hours where that applies, cheapest first. Models priced in USD are converted at 1 USD = 6.733 CNY (PBoC central parity, 2026-10-09).
| Model | Input | Cache hit | Output | Monthly (CNY) |
|---|---|---|---|---|
| Mistral AIMistral Large | $0.5 | — | $1.5 | 539 |
| Kimikimi-k2.7-code | ¥6.5 | ¥1.3 | ¥27 | 1,190 |
| Kimikimi-k2.6 | ¥6.5 | ¥1.1 | ¥27 | 1,190 |
| Kimikimi-k3 | ¥20 | ¥2 | ¥100 | 4,000 |
Price changes at both vendors
Kimi K3 launched (≈2.8T parameters, 1M-token context). International list price: $3 input / $15 output per million tokens (our Aug 27 issue). The China site now lists ¥20 input / ¥100 output. source · our coverage
Kimi K3.1 appeared on the API platform; the official price page does not list it yet. source · our coverage
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