| Signal | Llama 3.1 70B Instruct | Delta | Mistral Small 3 |
|---|---|---|---|
Capabilities | 50 | -- | |
Benchmarks | 78 | +78 | |
Pricing | 0 | +0 | |
Context window size | 81 | +10 | |
Recency | 22 | -35 | |
Output Capacity | 20 | -50 | |
| Overall Result | 3 wins | of 6 | 2 wins |
9
days ranked higher
4
days
17
days ranked higher
Meta
Mistral AI
Mistral Small 3 saves you $51.00/month
That's $612.00/year compared to Llama 3.1 70B Instruct at your current usage level of 100K calls/month.
| Metric | Llama 3.1 70B Instruct | Mistral Small 3 | Winner |
|---|---|---|---|
| Overall Score | 60 | 60 | Llama 3.1 70B Instruct |
| Rank | #221 | #224 | Llama 3.1 70B Instruct |
| Quality Rank | #221 | #224 | Llama 3.1 70B Instruct |
| Adoption Rank | #221 | #224 | Llama 3.1 70B Instruct |
| Parameters | 70B | 24B | -- |
| Context Window | 131K | 33K | Llama 3.1 70B Instruct |
| Pricing | $0.40/$0.40/M | $0.05/$0.08/M | -- |
| Signal Scores | |||
| Capabilities | 50 | 50 | Llama 3.1 70B Instruct |
| Benchmarks | 78 | -- | Llama 3.1 70B Instruct |
| Pricing | 0 | 0 | Llama 3.1 70B Instruct |
| Context window size | 81 | 72 | Llama 3.1 70B Instruct |
| Recency | 22 | 57 | Mistral Small 3 |
| Output Capacity | 20 | 70 | Mistral Small 3 |
Our composite score (0–100) combines six weighted signals: benchmark performance (25%), pricing efficiency (25%), context window size (15%), model recency (15%), output capacity (10%), and capability versatility (10%). Here's what the scores mean for these two models:
Scores 60/100 (rank #221), placing it in the top 24% of all 290 models tracked.
Scores 60/100 (rank #224), placing it in the top 23% of all 290 models tracked.
With only a 0-point gap, these models are in the same performance tier. The practical difference in output quality is minimal - your choice should depend on pricing, latency requirements, and specific feature needs.
Mistral Small 3 offers 84% better value per quality point. At 1M tokens/day, you'd spend $1.95/month with Mistral Small 3 vs $12.00/month with Llama 3.1 70B Instruct - a $10.05 monthly difference.
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.
Code generation & review
Higher benchmark score (0/100) indicates stronger performance on coding tasks like generating functions, debugging, and refactoring
Customer support chatbot
Faster response time (speed score 0/100) is critical for user-facing chat. Mistral Small 3 also offers lower per-token costs for high-volume support
Long document analysis
Larger context window (131K tokens) can process longer documents, contracts, and research papers in a single pass
Batch data extraction
Lower output pricing ($0.08/M) reduces costs when processing thousands of records daily
Creative writing & content
Higher overall composite score (60/100) correlates with better nuance, coherence, and style in long-form content
Llama 3.1 70B Instruct and Mistral Small 3 are extremely close in overall performance (only 0.3999999999999986 points apart). Your best choice depends entirely on which specific strengths matter most for your use case.
Best for Quality
Llama 3.1 70B Instruct
Marginally better benchmark scores; both are excellent
Best for Cost
Mistral Small 3
84% lower pricing; better value at scale
Best for Reliability
Llama 3.1 70B Instruct
Higher uptime and faster response speeds
Best for Prototyping
Llama 3.1 70B Instruct
Stronger community support and better developer experience
Best for Production
Llama 3.1 70B Instruct
Wider enterprise adoption and proven at scale
by Meta
| Capability | Llama 3.1 70B Instruct | Mistral Small 3 |
|---|---|---|
| Vision (Image Input) | ||
| Function Calling | ||
| Streaming | ||
| JSON Mode | ||
| Reasoning | ||
| Web Search | ||
| Image Output |
Meta
Mistral AI
Mistral Small 3 saves you $1.01/month
That's 85% cheaper than Llama 3.1 70B Instruct 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.
| Parameter | Llama 3.1 70B Instruct | Mistral Small 3 |
|---|---|---|
| Context Window | 131K | 33K |
| Max Output Tokens | -- | 16,384 |
| Open Source | Yes | Yes |
| Created | Jul 23, 2024 | Jan 30, 2025 |
Llama 3.1 70B Instruct scores 60/100 (rank #221) compared to Mistral Small 3's 60/100 (rank #224), giving it a 0-point advantage. Llama 3.1 70B Instruct is the stronger overall choice, though Mistral Small 3 may excel in specific areas like cost efficiency.
Llama 3.1 70B Instruct is ranked #221 and Mistral Small 3 is ranked #224 out of 290+ AI models. Rankings use a composite score combining benchmark performance (25%), pricing (25%), context window (15%), recency (15%), output capacity (10%), and versatility (10%). Scores update hourly.
Mistral Small 3 is cheaper at $0.08/M output tokens vs Llama 3.1 70B Instruct's $0.40/M output tokens - 5.0x more expensive. Input token pricing: Llama 3.1 70B Instruct at $0.40/M vs Mistral Small 3 at $0.05/M.
Llama 3.1 70B Instruct has a larger context window of 131,072 tokens compared to Mistral Small 3's 32,768 tokens. A larger context window means the model can process longer documents and conversations.