Llama 3.1 405B Instruct vs Mistral 7B v0.3
Llama 3.1 405B Instruct (2024) and Mistral 7B v0.3 (2024) are compact production models from AI at Meta and MistralAI. Llama 3.1 405B Instruct ships a 128k-token context window, while Mistral 7B v0.3 ships a 32k-token context window. This comparison covers specs, pricing, API access, capabilities, benchmarks, input and output token costs, and production fit for coding and agent workloads.
Llama 3.1 405B Instruct fits 4x more tokens; pick it for long-context work and Mistral 7B v0.3 for tighter calls.
Decision scorecard
Local evidence first| Signal | Llama 3.1 405B Instruct | Mistral 7B v0.3 |
|---|---|---|
| Best for | provider-routed production | tool-calling agents |
| Decision fit | RAG, Long context, and Classification | Agents and JSON / Tool use |
| Context window | 128k | 32k |
| Cheapest output | $2.40/1M tokens | - |
| Provider routes | 11 tracked | 0 tracked |
| Shared benchmarks | 0 shared | 0 shared |
Decision tradeoffs
- Llama 3.1 405B Instruct has the larger context window for long prompts, retrieval packs, or transcript analysis.
- Llama 3.1 405B Instruct has broader tracked provider coverage for fallback and route flexibility.
- Llama 3.1 405B Instruct uniquely exposes Structured outputs in local model data.
- Local decision data tags Llama 3.1 405B Instruct for RAG, Long context, and Classification.
- Mistral 7B v0.3 uniquely exposes JSON / Tool use in local model data.
- Local decision data tags Mistral 7B v0.3 for Agents and JSON / Tool use.
Monthly cost at traffic
Estimate token spend from the cheapest tracked input and output route or tier on this page.
Llama 3.1 405B Instruct
$2,520
Cheapest tracked route/tier: AWS Bedrock
Mistral 7B v0.3
Unavailable
No complete token price in local provider data
Cost delta unavailable until both models have sourced input and output token prices.
Switch friction
- No overlapping tracked provider route is sourced for Llama 3.1 405B Instruct and Mistral 7B v0.3; plan for SDK, billing, or endpoint changes.
- Check replacement coverage for Structured outputs before moving production traffic.
- Mistral 7B v0.3 adds JSON / Tool use in local capability data.
- No overlapping tracked provider route is sourced for Mistral 7B v0.3 and Llama 3.1 405B Instruct; plan for SDK, billing, or endpoint changes.
- Check replacement coverage for JSON / Tool use before moving production traffic.
- Llama 3.1 405B Instruct adds Structured outputs in local capability data.
Specs
| Specification | ||
|---|---|---|
| Released | 2024-07-23 | 2024-05-23 |
| Context window | 128k | 32k |
| Parameters | 405B | 7B |
| Architecture | Decoder Only | Decoder Only |
| License | Llama 3 Community | Apache 2.0OSI-approved |
| Openness | Open weights | Open source |
| Weights | Available | Unknown |
| Code | Unknown | Unknown |
| Commercial use | Commercial use: conditional | Commercial use: permitted |
| Knowledge cutoff | 2023-12 | 2023-12 |
Pricing and availability
| Pricing attribute | Llama 3.1 405B Instruct | Mistral 7B v0.3 |
|---|---|---|
| Input price | $2.40/1M tokens | - |
| Output price | $2.40/1M tokens | - |
| Providers | - |
Capabilities
| Capability | Llama 3.1 405B Instruct | Mistral 7B v0.3 |
|---|---|---|
| Vision | No | No |
| Multimodal | No | No |
| Reasoning | No | No |
| JSON / Tool use | No | Yes |
| Structured outputs | Yes | No |
| Code execution | No | No |
| IDE integration | No | No |
| Computer use | No | No |
| Parallel agents | No | No |
Benchmarks
No shared benchmark scores are currently available for this pair.
Continue comparing
- Llama 3.1 405B Instruct vs Qwen2.5-72B
- Together AI - Llama 3 8B Lite vs Llama 3.1 405B Instruct
- DeepSeek V3.1 vs Llama 3.1 405B Instruct
- DeepSeek V3 vs Llama 3.1 405B Instruct
- Llama 3.1 405B Instruct vs Mistral NeMo (2407)
- Llama 3.1 405B Instruct vs Qwen3.6-27B
- Llama 3.1 405B Instruct vs Mistral NeMo Instruct (2407)
- Grok-3 vs Llama 3.1 405B Instruct
Popular comparisons for Llama 3.1 405B Instruct
Popular comparisons for Mistral 7B v0.3
Last reviewed: 2026-07-11. Data sourced from public model cards and provider documentation.