ZMIME
Comparison · 2 models · Updated Oct 4, 2026

Magistral Medium vs Phi-4-mini

Phi-4-mini comes out ahead, 58 to 30 on our weighted score, and it is the cheaper option too.

  1. Mistral AI

    Magistral Medium

    Released Mar 17, 2025

    30/100
    • ECI—
    • Price$2.00 / $5.00
    • Context128K
  2. Our pick

    Microsoft

    Phi-4-mini

    Released Dec 11, 2024

    58/100
    • ECI—
    • Price$0.075 / $0.30
    • Context128K
  3. Add a model

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01 — Verdict

Phi-4-mini is our pick

Phi-4-mini is the better all-round choice, scoring 58/100 against Magistral Medium (30). It leads on price. Magistral Medium wins on inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest pricePhi-4-miniPhi-4-mini $0.131 · Magistral Medium $2.75 per 1M tokens (3:1 blend)
  • Longest contextAbout the sameMagistral Medium 128,000 · Phi-4-mini 128,000 tokens
  • Widest inputsSame inputsMagistral Medium: Text · Phi-4-mini: Text
  • Self-hostingPhi-4-miniPublishes downloadable weights
How the score is built
MeasureWeightMagistral MediumPhi-4-mini
Price50%2992
Inputs & features30%3525
Context window20%2424
Overall100%30/10058/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

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

Magistral Medium vs Phi-4-mini specifications side by side
SpecificationMagistral MediumMistral AIPhi-4-miniMicrosoft
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$2.00$0.075 (best)
Output$5.00$0.30 (best)
Cached input——
Blended (3:1)$2.75$0.131 (best)
Long-context rateSame rateSame rate
Price sourceOfficial Mistral APIOfficial Azure API
Limits
Context window128,000 tokens128,000 tokens
Max output16,384 tokens (best)4,096 tokens
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesNo
Tool callingYesYes
Structured outputNoNo
Availability
WeightsProprietaryOpen
API model IDmagistral-medium-latestphi-4-mini
API providers4 (best)1
ReleasedMar 17, 2025Dec 11, 2024
Knowledge cutoffJun 2025Oct 2023
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.

  • Magistral Medium$30.00
  • Phi-4-mini$1.35
04 — Questions

Which should you choose?

Which is better: Magistral Medium or Phi-4-mini?

Phi-4-mini is the better all-round choice, scoring 58/100 against Magistral Medium (30). It leads on price. Magistral Medium wins on inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Magistral Medium or Phi-4-mini?

Phi-4-mini is cheaper at $0.075 input / $0.30 output per million tokens (official Azure API price). Magistral Medium costs $2.00 input / $5.00 output per million tokens (official Mistral API price). At a typical mix of three input tokens to one output token, that is $0.131 per million tokens for Phi-4-mini versus $2.75 for Magistral Medium (21× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Magistral Medium has not been scored yet and Phi-4-mini has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Magistral Medium and Phi-4-mini yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Magistral Medium and Phi-4-mini share the same 128,000-token context window. Maximum output per response: Magistral Medium up to 16,384, Phi-4-mini up to 4,096 tokens.

Which can read images, PDFs, audio or video?

Magistral Medium accepts text; Phi-4-mini accepts text. They handle the same number of input types.

Are any of these open source?

Phi-4-mini publishes its weights and can be self-hosted; Magistral Medium is proprietary.

Which is newer?

Magistral Medium is the newest, released Mar 17, 2025. Phi-4-mini came out Dec 11, 2024. Knowledge cutoff: Magistral Medium Jun 2025, Phi-4-mini Oct 2023.

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.