LLM Reference

Llama 3 8B Instruct vs Phi-3 Mini 4k

Llama 3 8B Instruct (2024) and Phi-3 Mini 4k (2024) are compact production models from AI at Meta and Microsoft Research. Llama 3 8B Instruct ships a 8k-token context window, while Phi-3 Mini 4k ships a 4k-token context window. On MMLU PRO, Phi-3 Mini 4k leads by 5.2 pts. This comparison covers specs, pricing, API access, capabilities, benchmarks, input and output token costs, and production fit for coding and agent workloads.

Llama 3 8B Instruct is ~150% cheaper at $0.02/1M; pay for Phi-3 Mini 4k only for provider fit.

Decision scorecard

Local evidence first
SignalLlama 3 8B InstructPhi-3 Mini 4k
Best forprovider-routed productionprovider-routed production
Decision fitCoding, Classification, and JSON / Tool useCoding and Classification
Context window8k4k
Cheapest output$0.05/1M tokens$0.25/1M tokens
Provider routes17 tracked4 tracked
Shared benchmarks6 sharedMMLU PRO leader

Decision tradeoffs

Choose Llama 3 8B Instruct when...
  • Llama 3 8B Instruct holds a shared-benchmark lead on Google-Proof Q&A, ahead by 3.9 points.
  • Llama 3 8B Instruct has the larger context window for long prompts, retrieval packs, or transcript analysis.
  • Llama 3 8B Instruct has the lower cheapest tracked output price at $0.05/1M tokens.
  • Llama 3 8B Instruct has broader tracked provider coverage for fallback and route flexibility.
  • Llama 3 8B Instruct uniquely exposes Structured outputs in local model data.
Choose Phi-3 Mini 4k when...
  • Phi-3 Mini 4k holds a shared-benchmark lead on MMLU PRO, ahead by 5.2 points.
  • Local decision data tags Phi-3 Mini 4k for Coding and Classification.

Monthly cost at traffic

Estimate token spend from the cheapest tracked input and output route or tier on this page.

Lower estimate Llama 3 8B Instruct

Llama 3 8B Instruct

$28.50

Cheapest tracked route/tier: DeepInfra

Phi-3 Mini 4k

$103

Cheapest tracked route/tier: Replicate API

Estimated monthly gap: $74.00. Batch, cache, alternate speed tiers, and negotiated pricing are excluded from this local estimate.

Switch friction

Llama 3 8B Instruct -> Phi-3 Mini 4k
  • Provider overlap exists on Microsoft Foundry, NVIDIA NIM, and Baseten API; start route-level A/B tests there.
  • Phi-3 Mini 4k is $0.20/1M tokens higher on cheapest tracked output pricing, so quality gains need to justify the spend.
  • Check replacement coverage for Structured outputs before moving production traffic.
Phi-3 Mini 4k -> Llama 3 8B Instruct
  • Provider overlap exists on Baseten API, NVIDIA NIM, and Microsoft Foundry; start route-level A/B tests there.
  • Llama 3 8B Instruct is $0.20/1M tokens lower on cheapest tracked output pricing before cache, batch, or negotiated discounts.
  • Llama 3 8B Instruct adds Structured outputs in local capability data.

Specs

Specification
Released2024-04-182024-04-23
Context window8k4k
Parameters8B3.8B
ArchitectureDecoder OnlyDecoder Only
LicenseLlama 3 CommunityMITOSI-approved
OpennessOpen weightsOpen source
WeightsAvailableUnknown
CodeUnknownUnknown
Commercial useCommercial use: conditionalCommercial use: permitted
Knowledge cutoff2023-032023-10

Pricing and availability

Pricing attributeLlama 3 8B InstructPhi-3 Mini 4k
Input price$0.02/1M tokens$0.05/1M tokens
Output price$0.05/1M tokens$0.25/1M tokens
Providers

Capabilities

CapabilityLlama 3 8B InstructPhi-3 Mini 4k
VisionNoNo
MultimodalNoNo
ReasoningNoNo
JSON / Tool useNoNo
Structured outputsYesNo
Code executionNoNo
IDE integrationNoNo
Computer useNoNo
Parallel agentsNoNo

Benchmarks

BenchmarkLlama 3 8B InstructPhi-3 Mini 4k
MMLU PRO40.545.7
Google-Proof Q&A44.840.9
HumanEval68.259.8
Instruction-Following Evaluation59.545.0
Massive Multitask Language Understanding76.968.2
HellaSwag91.187.1

Continue comparing

Last reviewed: 2026-07-11. Data sourced from public model cards and provider documentation.