llama-3.1-70b-instruct vs ministral-8b-latest
ministral-8b-latest is 6.7× cheaper on input than llama-3.1-70b-instruct.
| llama-3.1-70b-instruct | ministral-8b-latest | |
|---|---|---|
| Input / 1M | $1.00 | $0.15 |
| Cached input / 1M | — | — |
| Output / 1M | $1.00 | $0.15 |
| Context window | 131K | 262K |
| Max output | 131K | 262K |
| Provider | Perplexity | Mistral |
| Vision | No | Yes |
| Tool calling | No | Yes |
| Token count | estimated | estimated |
Capability for the money
Independent measurement · Artificial Analysis · read 2026-08-11llama-3.1-70b-instruct is 6.7× dearer for 5.3 points on following instructions (IFBench) — worth it only if that is your bottleneck.
Following instructions
extraction, classification, sticking to a format
IFBenchllama-3.1-70b-instruct +5.3
Coding
writing and fixing code
LiveCodeBenchministral-8b-latest +7.1
Tool use
multi-step agent work against real tools
τ²-benchministral-8b-latest +11.4
Hard reasoning
graduate-level science and multi-step analysis
GPQA Diamondministral-8b-latest +6.2
Averaged over the benchmarks both models sat, ministral-8b-latest returns 221.8 points of pass rate per dollar of blended price against 28.4 — the ratio that decides whether the dearer model earns its rate.
Each figure is a pass rate: the share of that test set the model answered correctly, measured by a third party rather than self-reported by the lab. Rows are different tests of different difficulty, so compare a model against the other model, not one row against the next. And a benchmark is not your workload — it narrows the shortlist, it does not pick for you.
Which to pick
- Cheaper input: ministral-8b-latest
- Cheaper output: ministral-8b-latest
- Larger context: ministral-8b-latest
- Better at following instructions: llama-3.1-70b-instruct (34.4% vs 29.1% on IFBench)
- Better at coding: ministral-8b-latest (23.2% vs 30.3% on LiveCodeBench)
- Better at tool use: ministral-8b-latest (15.2% vs 26.6% on τ²-bench)
- Better at hard reasoning: ministral-8b-latest (40.9% vs 47.1% on GPQA Diamond)
List price is not production cost. Output length, cache hit rate, retries and task quality move the real number more than the headline rate does — price your own prompt on the token ledger before deciding.
Related comparisons
llama-3.1-70b-instruct detail · ministral-8b-latest detail · All Perplexity pricing · All comparisons