ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Mistral Large 3 vs GPT-5.1 Codex mini vs Nova 2 Lite

Nova 2 Lite comes out ahead, 62 to 59 and 50 on our weighted score, though GPT-5.1 Codex mini is 26% cheaper per token.

  1. Mistral AI

    Mistral Large 3

    Released Dec 2, 2025

    50/100
    • ECI—
    • Price$0.50 / $1.50
    • Context262K
  2. OpenAI

    GPT-5.1 Codex mini

    Released Nov 13, 2025

    59/100
    • ECI—
    • Price$0.25 / $2.00
    • Context400K
  3. Our pick

    Amazon

    Nova 2 Lite

    Released Dec 2, 2025

    62/100
    • ECI—
    • Price$0.33 / $2.75
    • Context1M
01 — Verdict

Nova 2 Lite is our pick

Nova 2 Lite is the better all-round choice, scoring 62/100 against GPT-5.1 Codex mini (59) and Mistral Large 3 (50). It leads on inputs & features and context window. GPT-5.1 Codex mini wins on price. 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 priceGPT-5.1 Codex miniGPT-5.1 Codex mini $0.688 · Mistral Large 3 $0.75 · Nova 2 Lite $0.935 per 1M tokens (3:1 blend)
  • Longest contextNova 2 LiteNova 2 Lite 1,000,000 · GPT-5.1 Codex mini 400,000 · Mistral Large 3 262,144 tokens
  • Widest inputsNova 2 LiteMistral Large 3: Text, Images · GPT-5.1 Codex mini: Text, Images · Nova 2 Lite: Text, Images, PDFs, Video
  • Self-hostingMistral Large 3Publishes downloadable weights
How the score is built
MeasureWeightMistral Large 3GPT-5.1 Codex miniNova 2 Lite
Price50%565851
Inputs & features30%507080
Context window20%374460
Overall100%50/10059/10062/100

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.

Mistral Large 3 vs GPT-5.1 Codex mini vs Nova 2 Lite specifications side by side
SpecificationMistral Large 3Mistral AIGPT-5.1 Codex miniOpenAINova 2 LiteAmazon
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.50$0.25 (best)$0.33
Output$1.50 (best)$2.00$2.75
Cached input$0.05 (best)—$0.083
Blended (3:1)$0.75$0.688 (best)$0.935
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Mistral APIMedian of 10 providersOfficial Amazon Bedrock API
Limits
Context window262,144 tokens400,000 tokens1,000,000 tokens (best)
Max output262,144 tokens (best)128,000 tokens65,536 tokens
Inputs and features
TextYesYesYes
ImagesYesYesYes
PDFsNoNoYes
AudioNoNoNo
VideoNoNoYes
ReasoningNoYesYeslow · medium · high
Tool callingYesYesYes
Structured outputNoYesNo
Availability
WeightsOpenProprietaryProprietary
API model IDmistral-large-2512—amazon.nova-2-lite-v1:0
API providers13 (best)102
ReleasedDec 2, 2025Nov 13, 2025Dec 2, 2025
Knowledge cutoffNov 2024Sep 30, 2024Oct 2025
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.

  • Mistral Large 3$8.00
  • GPT-5.1 Codex mini$6.50
  • Nova 2 Lite$8.80
04 — Questions

Which should you choose?

Which is better: Mistral Large 3, GPT-5.1 Codex mini or Nova 2 Lite?

Nova 2 Lite is the better all-round choice, scoring 62/100 against GPT-5.1 Codex mini (59) and Mistral Large 3 (50). It leads on inputs & features and context window. GPT-5.1 Codex mini wins on price. 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, Mistral Large 3, GPT-5.1 Codex mini or Nova 2 Lite?

GPT-5.1 Codex mini is cheaper at $0.25 input / $2.00 output per million tokens (median across 10 API providers). Mistral Large 3 costs $0.50 input / $1.50 output per million tokens (official Mistral API price); Nova 2 Lite costs $0.33 input / $2.75 output per million tokens (official Amazon Bedrock API price). At a typical mix of three input tokens to one output token, that is $0.688 per million tokens for GPT-5.1 Codex mini versus $0.75 for Mistral Large 3 (1.1× as much) and $0.935 for Nova 2 Lite (1.4× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Mistral Large 3 has not been scored yet, GPT-5.1 Codex mini has not been scored yet and Nova 2 Lite has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Mistral Large 3, GPT-5.1 Codex mini and Nova 2 Lite yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

Nova 2 Lite has the largest context window at 1,000,000 tokens, against 400,000 for GPT-5.1 Codex mini and 262,144 for Mistral Large 3. Maximum output per response: Mistral Large 3 up to 262,144, GPT-5.1 Codex mini up to 128,000, Nova 2 Lite up to 65,536 tokens.

Which can read images, PDFs, audio or video?

Mistral Large 3 accepts text and images; GPT-5.1 Codex mini accepts text and images; Nova 2 Lite accepts text, images, PDFs and video. Nova 2 Lite handles the widest range of inputs.

Are any of these open source?

Mistral Large 3 publishes its weights and can be self-hosted; GPT-5.1 Codex mini and Nova 2 Lite is proprietary.

Which is newer?

Mistral Large 3 is the newest, released Dec 2, 2025. Nova 2 Lite came out Dec 2, 2025; GPT-5.1 Codex mini came out Nov 13, 2025. Knowledge cutoff: Mistral Large 3 Nov 2024, GPT-5.1 Codex mini Sep 30, 2024, Nova 2 Lite Oct 2025.

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.