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Comparison · 3 models · Updated Oct 4, 2026

Pixtral 12B vs Codestral vs Llama-3.2-3B

Pixtral 12B comes out ahead, 64 to 49 and 48 on our weighted score, and it is the cheaper option too.

  1. Our pick

    Mistral AI

    Pixtral 12B

    Released Sep 1, 2024

    64/100
    • ECI—
    • Price$0.15 / $0.15
    • Context128K
  2. Mistral AI

    Codestral

    Released May 29, 2024

    48/100
    • ECI—
    • Price$0.30 / $0.90
    • Context256K
  3. Meta

    Llama-3.2-3B

    Released Sep 25, 2024

    49/100
    • ECI—
    • Price$0.10 / $0.335
    • Context131K
01 — Verdict

Pixtral 12B is our pick

Pixtral 12B is the better all-round choice, scoring 64/100 against Llama-3.2-3B (49) and Codestral (48). It leads on inputs & features. Codestral wins on context window. 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 pricePixtral 12BPixtral 12B $0.15 · Llama-3.2-3B $0.159 · Codestral $0.45 per 1M tokens (3:1 blend)
  • Longest contextCodestralCodestral 256,000 · Llama-3.2-3B 131,072 · Pixtral 12B 128,000 tokens
  • Widest inputsPixtral 12BPixtral 12B: Text, Images · Codestral: Text · Llama-3.2-3B: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightPixtral 12BCodestralLlama-3.2-3B
Price50%896688
Inputs & features30%50250
Context window20%243624
Overall100%64/10048/10049/100

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.

Pixtral 12B vs Codestral vs Llama-3.2-3B specifications side by side
SpecificationPixtral 12BMistral AICodestralMistral AILlama-3.2-3BMeta
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.15$0.30$0.10 (best)
Output$0.15 (best)$0.90$0.335
Cached input—$0.03—
Blended (3:1)$0.15 (best)$0.45$0.159
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Mistral APIOfficial Mistral APIMedian of 3 providers
Limits
Context window128,000 tokens256,000 tokens (best)131,072 tokens
Max output128,000 tokens (best)4,096 tokens8,192 tokens
Inputs and features
TextYesYesYes
ImagesYesNoNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningNoNoNo
Tool callingYesYesNo
Structured outputNoNoNo
Availability
WeightsOpenOpenOpenLlama 3.2 Community License
API model IDpixtral-12bcodestral-latest—
API providers4 (best)33
ReleasedSep 1, 2024May 29, 2024Sep 25, 2024
Knowledge cutoffSep 2024Oct 2024Dec 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.

  • Pixtral 12B$1.80
  • Codestral$4.80
  • Llama-3.2-3B$1.67
04 — Questions

Which should you choose?

Which is better: Pixtral 12B, Codestral or Llama-3.2-3B?

Pixtral 12B is the better all-round choice, scoring 64/100 against Llama-3.2-3B (49) and Codestral (48). It leads on inputs & features. Codestral wins on context window. 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, Pixtral 12B, Codestral or Llama-3.2-3B?

Pixtral 12B is cheaper at $0.15 input / $0.15 output per million tokens (official Mistral API price). Llama-3.2-3B costs $0.10 input / $0.335 output per million tokens (median across 3 API providers); Codestral costs $0.30 input / $0.90 output per million tokens (official Mistral API price). At a typical mix of three input tokens to one output token, that is $0.15 per million tokens for Pixtral 12B versus $0.159 for Llama-3.2-3B (1.1× as much) and $0.45 for Codestral (3× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Pixtral 12B has not been scored yet, Codestral has not been scored yet and Llama-3.2-3B has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Pixtral 12B, Codestral and Llama-3.2-3B yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that Llama-3.2-3B does not support tool calling, which most coding agents need.

Which has the bigger context window?

Codestral has the largest context window at 256,000 tokens, against 131,072 for Llama-3.2-3B and 128,000 for Pixtral 12B. Maximum output per response: Pixtral 12B up to 128,000, Codestral up to 4,096, Llama-3.2-3B up to 8,192 tokens.

Which can read images, PDFs, audio or video?

Pixtral 12B accepts text and images; Codestral accepts text; Llama-3.2-3B accepts text. Pixtral 12B handles the widest range of inputs.

Are any of these open source?

Yes, all three publish their weights (Llama 3.2 Community License), so you can self-host them.

Which is newer?

Llama-3.2-3B is the newest, released Sep 25, 2024. Pixtral 12B came out Sep 1, 2024; Codestral came out May 29, 2024. Knowledge cutoff: Pixtral 12B Sep 2024, Codestral Oct 2024, Llama-3.2-3B Dec 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.