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Mistral X-Large vs DeepSeek R2

Mistral vs DeepSeek. Specs, benchmarks, and real per-task cost — all in one page.

Verdict

DeepSeek R2 is ~3.1× cheaper on a 3:1 input:output blend.

Mistral
Mistral X-Large

European frontier model. EU-hosted inference, strong European language coverage, Apache-licensed weights.

EU data residencyMultilingual strengthOpen license
DeepSeek
DeepSeek R2

DeepSeek’s reasoning variant. Competes with o4 on math at a fraction of the cost.

Frontier math at open-weights pricingLong CoT traces
Pricing
Input / 1M$2.00$0.55
Output / 1M$6.00$2.19
Context256K128K
Max output16K64K
LicenseOpen weightsOpen weights
Released2026-01-282026-01-15
Benchmarks
LMSYS ELO1318.0
MMLU Pro83.587.8
HumanEval88.090.1
MATH78.294.1
GPQA71.2
IFEval86.5
Per-task cost
Summarize a 1-hour meeting transcript$0.033$0.0093
Review a 500-line pull request$0.028$0.0088
Answer a customer support ticket$0.011$0.0034
Extract structured data from a resume$0.016$0.0049
Debug a stack trace with context$0.024$0.0077

Per-call cost using published token counts for each task. Real-world prompts vary.