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Mistral Medium 3.5 vs Phi 4

Mistral Medium 3.5

Mistral AI

72#153
vs
Phi 4

Microsoft

60#208
Signal-by-Signal Comparison
SignalMistral Medium 3.5DeltaPhi 4
Capabilities
83
+50
33
Benchmarks
70
+6
65
Pricing
93
-7
100
Context window size
86
+19
67
Recency
100
+72
28
Output Capacity
20
-50
70
Overall Result
4 wins
of 6
2 wins
Mistral Medium 3.5 wins 4 of 6 signals

Score History

Score History (25 data points)
Mistral Medium 3.5Phi 4
Mistral Medium 3.5

71.7

current score

Leader

Mistral Medium 3.5

right now

Phi 4

60.2

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

Mistral Medium 3.5

Mistral AI

Per request$0.005250
Daily$17.50
Monthly$525.00
Annual$6300.00

Phi 4

Microsoft

Best Value
Per request$0.000140
Daily$0.47
Monthly$14.00
Annual$168.00

Phi 4 saves you $511.00/month

That's $6132.00/year compared to Mistral Medium 3.5 at your current usage level of 100K calls/month.

97% cheaper
Choose Phi 4 for cost optimization

Mistral Medium 3.5 pricing:
Input:$1.50/M tokens
Output:$7.50/M tokens
Phi 4 pricing:
Input:$0.07/M tokens
Output:$0.14/M tokens
Winner
Mistral Medium 3.5

Mistral AI

72

Composite Score

Phi 4

Microsoft

60

Composite Score

Signal-by-Signal Comparison
MetricMistral Medium 3.5Phi 4Winner
Overall Score
72
60
Mistral Medium 3.5
Rank#153#208
Mistral Medium 3.5
Quality Rank#153#208
Mistral Medium 3.5
Adoption Rank#153#208
Mistral Medium 3.5
Parameters------
Context Window262K16K
Mistral Medium 3.5
Pricing$1.50/$7.50/M$0.07/$0.14/M--
Signal Scores
Capabilities
83
33
Mistral Medium 3.5
Benchmarks
70
65
Mistral Medium 3.5
Pricing
93
100
Phi 4
Context window size
86
67
Mistral Medium 3.5
Recency
100
28
Mistral Medium 3.5
Output Capacity
20
70
Phi 4
Benchmark Head-to-Head(11 benchmarks)
Mistral Medium: 1Phi 4: 0
Mistral Medium
Phi 4
Normalized 0-100%
MMLU
-84.8%
MMLU-Pro
-70.5%
GPQA Diamond
-56.1%
MATH-500
-80.4%
HumanEval
-82.6%
IFEval
-80.1%
BBH
-78%
ARC-Challenge
-95.5%
Arena Elo
14271256
LiveBench
-35.7%
BigCodeBench
-45.5%
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

Mistral Medium 3.5Strong Performer

Scores 72/100 (rank #153), placing it in the top 48% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Phi 4Competitive

Scores 60/100 (rank #208), placing it in the top 29% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

Mistral Medium 3.5 has a 12-point advantage, which typically translates to noticeably better performance on complex reasoning, code generation, and multi-step tasks.

When to Use Each Model

Choose Mistral Medium 3.5 when you need:

  • Processing long documents or large codebases (262K token context)
  • Multimodal workflows that require image understanding
  • Agentic applications using tool/function calling
  • Step-by-step reasoning and chain-of-thought problem solving

Choose Phi 4 when you need:

  • High-volume production workloads where API costs must be minimized
  • Self-hosted deployments where you need full control over the model
Cost-Performance Analysis
Mistral Medium 3.5
Input cost$1.50/M tokens
Output cost$7.50/M tokens
Cost per quality point$0.126
Est. monthly (1M tokens/day)$135.00
Phi 4Best Value
Input cost$0.07/M tokens
Output cost$0.14/M tokens
Cost per quality point$0.003
Est. monthly (1M tokens/day)$3.15

Phi 4 offers 98% better value per quality point. At 1M tokens/day, you'd spend $3.15/month with Phi 4 vs $135.00/month with Mistral Medium 3.5 - a $131.85 monthly difference.

Latency & Speed
Mistral Medium 3.5Faster
Speed score0/100
Phi 4
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

Mistral Medium 3.5

Customer support chatbot

Suitable for user-facing chat with competitive response times. Phi 4 also offers lower per-token costs for high-volume support

Mistral Medium 3.5

Long document analysis

Larger context window (262K tokens) can process longer documents, contracts, and research papers in a single pass

Mistral Medium 3.5

Batch data extraction

Lower output pricing ($0.14/M) reduces costs when processing thousands of records daily

Phi 4

Creative writing & content

Higher overall composite score (72/100) correlates with better nuance, coherence, and style in long-form content

Mistral Medium 3.5

Image understanding & OCR

Supports vision input - can analyze screenshots, diagrams, photos, and scanned documents directly

Mistral Medium 3.5
Which Should You Choose?
Our recommendation:
Mistral Medium 3.5

Mistral Medium 3.5 clearly outperforms Phi 4 with a significant 11.5-point lead. For most general use cases, Mistral Medium 3.5 is the stronger choice. However, Phi 4 may still excel in niche scenarios.

by Mistral AI

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale

by Microsoft

  • Choose for Cost - 98% lower pricing; better value at scale
Capability Comparison
CapabilityMistral Medium 3.5Phi 4
Vision (Image Input)differs
Function Callingdiffers
Streaming
JSON Mode
Reasoningdiffers
Web Search
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

Mistral Medium 3.5

Mistral AI

$11.70
estimated monthly cost

Phi 4

Microsoft

Best Value
$0.2940
estimated monthly cost

Phi 4 saves you $11.41/month

That's 97% cheaper than Mistral Medium 3.5 at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
ParameterMistral Medium 3.5Phi 4
Context Window262K16K
Max Output Tokens--16,384
Open SourceNoYes
CreatedApr 30, 2026Jan 10, 2025
Last updated: 39m ago

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Mistral Medium 3.5 vs Phi 4 (2026) | LM Market Cap