ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Llama-3.1-8B-Instruct vs Mistral Large 2.1 vs Qwen2.5 32B Instruct

Llama-3.1-8B-Instruct comes out ahead, 46 to 43 and 38 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Meta

    Llama-3.1-8B-Instruct

    Released Jul 23, 2024

    46/100
    • ECI116.6
    • Price$0.152 / $0.167
    • Context128K
  2. Mistral AI

    Mistral Large 2.1

    Released Nov 18, 2024

    38/100
    • ECI128.5
    • Price$2.00 / $6.00
    • Context131K
  3. Alibaba (Qwen)

    Qwen2.5 32B Instruct

    Released Sep 17, 2024

    43/100
    • ECI128.5
    • Price$0.70 / $2.80
    • Context131K
01 — Verdict

Llama-3.1-8B-Instruct is our pick

Llama-3.1-8B-Instruct is the better all-round choice, scoring 46/100 against Qwen2.5 32B Instruct (43) and Mistral Large 2.1 (38). It leads on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityMistral Large 2.1 and Qwen2.5 32B InstructCapabilities Index (ECI): Mistral Large 2.1 128.5 · Qwen2.5 32B Instruct 128.5 · Llama-3.1-8B-Instruct 116.6
  • Lowest priceLlama-3.1-8B-InstructLlama-3.1-8B-Instruct $0.156 · Qwen2.5 32B Instruct $1.23 · Mistral Large 2.1 $3.00 per 1M tokens (3:1 blend)
  • Longest contextMistral Large 2.1 and Qwen2.5 32B InstructMistral Large 2.1 131,072 · Qwen2.5 32B Instruct 131,072 · Llama-3.1-8B-Instruct 128,000 tokens
  • Widest inputsSame inputsLlama-3.1-8B-Instruct: Text · Mistral Large 2.1: Text · Qwen2.5 32B Instruct: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightLlama-3.1-8B-InstructMistral Large 2.1Qwen2.5 32B Instruct
CapabilityCapabilities Index (ECI)50%365151
Price25%882746
Inputs & features15%252525
Context window10%242424
Overall100%46/10038/10043/100
02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Llama-3.1-8B-Instruct vs Mistral Large 2.1 vs Qwen2.5 32B Instruct specifications side by side
SpecificationLlama-3.1-8B-InstructMetaMistral Large 2.1Mistral AIQwen2.5 32B InstructAlibaba (Qwen)
Capability
Capabilities Index (ECI)116.6128.5 (best)128.5 (best)
ECI rank#145 of 148#130 of 148 (best)#131 of 148
GPQA DiamondGraduate-level science questions27.0%51.3% (best)46.1%
OTIS Mock AIME 2024–2025Competition mathematics1.7%7.8% (best)7.4%
Price per million tokens
Input$0.152 (best)$2.00$0.70
Output$0.167 (best)$6.00$2.80
Cached input———
Blended (3:1)$0.156 (best)$3.00$1.23
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 9 providersOfficial Mistral APIOfficial Alibaba API
Limits
Context window128,000 tokens131,072 tokens (best)131,072 tokens (best)
Max output4,096 tokens16,384 tokens (best)8,192 tokens
Inputs and features
TextYesYesYes
ImagesNoNoNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningNoNoNo
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsOpenOpenOpen
API model ID—mistral-large-2411qwen2-5-32b-instruct
API providers9 (best)21
ReleasedJul 23, 2024Nov 18, 2024Sep 17, 2024
Knowledge cutoffDec 2023Nov 2024Apr 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Llama-3.1-8B-Instruct$1.85
  • Mistral Large 2.1$32.00
  • Qwen2.5 32B Instruct$12.60
04 — Questions

Which should you choose?

Which is better: Llama-3.1-8B-Instruct, Mistral Large 2.1 or Qwen2.5 32B Instruct?

Llama-3.1-8B-Instruct is the better all-round choice, scoring 46/100 against Qwen2.5 32B Instruct (43) and Mistral Large 2.1 (38). It leads on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, Llama-3.1-8B-Instruct, Mistral Large 2.1 or Qwen2.5 32B Instruct?

Llama-3.1-8B-Instruct is cheaper at $0.152 input / $0.167 output per million tokens (median across 9 API providers). Qwen2.5 32B Instruct costs $0.70 input / $2.80 output per million tokens (official Alibaba API price); Mistral Large 2.1 costs $2.00 input / $6.00 output per million tokens (official Mistral API price). At a typical mix of three input tokens to one output token, that is $0.156 per million tokens for Llama-3.1-8B-Instruct versus $1.23 for Qwen2.5 32B Instruct (7.9× as much) and $3.00 for Mistral Large 2.1 (19× as much).

Which scores higher on benchmarks?

Mistral Large 2.1 scores higher on the Capabilities Index (ECI): Mistral Large 2.1 128.5 (#130 of 148), Qwen2.5 32B Instruct 128.5 (#131 of 148) and Llama-3.1-8B-Instruct 116.6 (#145 of 148). The confidence ranges of the top two overlap (123.8–130.8 vs 123.5–130.0), so treat the gap as small. On individual benchmarks: GPQA Diamond — Mistral Large 2.1 51.3%, Qwen2.5 32B Instruct 46.1%, Llama-3.1-8B-Instruct 27.0%; OTIS Mock AIME 2024–2025 — Mistral Large 2.1 7.8%, Qwen2.5 32B Instruct 7.4%, Llama-3.1-8B-Instruct 1.7%.

Which is better for coding?

There are no published SWE-bench Verified results for Llama-3.1-8B-Instruct, Mistral Large 2.1 and Qwen2.5 32B Instruct yet, so there is no like-for-like coding score. On overall capability, Mistral Large 2.1 leads, which tends to carry over to coding, but test on your own codebase. All three support tool calling for agent workflows.

Which has the bigger context window?

Mistral Large 2.1 and Qwen2.5 32B Instruct have the largest context windows (131,072 and 131,072 tokens), against 128,000 for Llama-3.1-8B-Instruct. Maximum output per response: Llama-3.1-8B-Instruct up to 4,096, Mistral Large 2.1 up to 16,384, Qwen2.5 32B Instruct up to 8,192 tokens.

Which can read images, PDFs, audio or video?

Llama-3.1-8B-Instruct accepts text; Mistral Large 2.1 accepts text; Qwen2.5 32B Instruct accepts text. They handle the same number of input types.

Are any of these open source?

Yes, all three publish their weights, so you can self-host them.

Which is newer?

Mistral Large 2.1 is the newest, released Nov 18, 2024. Qwen2.5 32B Instruct came out Sep 17, 2024; Llama-3.1-8B-Instruct came out Jul 23, 2024. Knowledge cutoff: Llama-3.1-8B-Instruct Dec 2023, Mistral Large 2.1 Nov 2024, Qwen2.5 32B Instruct Apr 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.