Claude Haiku 5.5 vs Mistral Medium 3
Anthropic · US | Mistral AI · France · Updated June 2026
Quick verdict
Pick Claude Haiku 5.5 for 5x the context window of haiku 4.5 (1m vs 200k tokens) and double the max output (128k vs 64k) or first haiku-class model with an adjustable 'effort' setting to trade off cost, latency, and intelligence. Pick Mistral Medium 3 for strong cost-to-capability at $0.40/$2.00 or general reasoning, coding and multimodal tasks. On a tight budget at scale, Claude Haiku 5.5 is the value pick.
Claude Haiku 5.5 (Anthropic, US) and Mistral Medium 3 (Mistral AI, France) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. Claude Haiku 5.5 is anthropic's October 7, 2026 small-model refresh — a 1M-token context window (up from 200K) at roughly 75% lower average cost than Haiku 4.5, priced at $0.10/$0.50 per million tokens. Mistral Medium 3 is mistral's mid-tier model at $0.40/$2.00 — efficient general capability with a 128K window, below the 1M-context frontier tier. They diverge most on price and context window — each quantified below from the models' real specs.
Key differences at a glance
- ▸Price: Claude Haiku 5.5 is about 4× cheaper on input ($0.1/$0.5 per 1M tokens vs $0.4/$2 per 1M tokens) — meaningful once you are processing millions of tokens a month.
- ▸Context window: Claude Haiku 5.5 holds 7.8× more — 1M tokens (~1,500 pages) vs 128K (~192 pages). But effective recall usually fades long before the advertised ceiling, so the bigger number only helps if the model reasons over it.
- ▸Recency: Claude Haiku 5.5 is the newer model by about 17 months (released October 7, 2026), usually meaning fresher training data and capabilities.
- ▸Ecosystem: this is a US-vs-France matchup — they differ in pricing philosophy, data-residency options, and tooling ecosystems, not only benchmarks.
Side-by-side specs
| Spec | Claude Haiku 5.5 | Mistral Medium 3 |
|---|---|---|
| Provider | Anthropic (US) | Mistral AI (France) |
| Released | October 7, 2026 | May 7, 2025 |
| Context window | 1M tokens (~1,500 pages) | 128K (~192 pages) |
| Price (in/out) | $0.1/$0.5 per 1M tokens | $0.4/$2 per 1M tokens |
| Open weight? | No — API only | No — API only |
| Modalities | text, image, code | text, image, code |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
5x the context window of Haiku 4.5 (1M vs 200K tokens) and double the max output (128K vs 64K)
Claude Haiku 5.5
Its 1M tokens window holds about 7.8× more than Mistral Medium 3's 128K in a single prompt.
First Haiku-class model with an adjustable 'effort' setting to trade off cost, latency, and intelligence
Claude Haiku 5.5
At $0.1/$0.5 per 1M tokens it undercuts Mistral Medium 3 ($0.4/$2 per 1M tokens), and that gap compounds at volume.
Anthropic's cheapest small model yet — runs about 75% cheaper on average than Haiku 4.5
Claude Haiku 5.5
Mistral Medium 3 is comparatively weak here — a 128K context — smaller than the 1M-window flagships here
Strong cost-to-capability at $0.40/$2.00
Mistral Medium 3
Mistral Medium 3 lists strong cost-to-capability at $0.40/$2.00 among its strengths; Claude Haiku 5.5 does not.
General reasoning, coding and multimodal tasks
Mistral Medium 3
Claude Haiku 5.5 is comparatively weak here — as the smallest tier, trails both Sonnet 5.5 and Opus 5.5 on hard reasoning and open-ended work
Efficient mid-tier deployment for production workloads
Mistral Medium 3
Mistral Medium 3 lists efficient mid-tier deployment for production workloads among its strengths; Claude Haiku 5.5 does not.
Lowest cost at scale
Claude Haiku 5.5
At $0.1/$0.5 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Largest single-prompt input
Claude Haiku 5.5
Its 1M tokens window is about 7.8× larger than Mistral Medium 3's 128K, fitting roughly 1,500 pages in one prompt.
Which should you pick?
A cost-sensitive startup shipping high volume
→ Claude Haiku 5.5
At $0.1/$0.5 per 1M tokens it undercuts Mistral Medium 3, and on millions of tokens that margin decides the monthly bill.
Someone analysing very long documents or codebases
→ Claude Haiku 5.5
Larger 1M tokens window fits more in one prompt.
Anyone whose priority is 5x the context window of haiku 4.5 (1m vs 200k tokens) and double the max output (128k vs 64k)
→ Claude Haiku 5.5
It is specifically built for that.
Anyone whose priority is strong cost-to-capability at $0.40/$2.00
→ Mistral Medium 3
That is its strongest area.
An enterprise with regional data-residency rules
→ Claude Haiku 5.5 or Mistral Medium 3
Origin (US vs France) affects where data is processed and which compliance regime applies — check the provider's terms for your region.
Claude Haiku 5.5: where it fits
Anthropic's October 7, 2026 small-model refresh — a 1M-token context window (up from 200K) at roughly 75% lower average cost than Haiku 4.5, priced at $0.10/$0.50 per million tokens. Released October 7, 2026 by Anthropic, it is built for 5x the context window of Haiku 4.5 (1M vs 200K tokens) and double the max output (128K vs 64K), first Haiku-class model with an adjustable 'effort' setting to trade off cost, latency, and intelligence, anthropic's cheapest small model yet — runs about 75% cheaper on average than Haiku 4.5, and over-refuses benign requests only 0.17% of the time on the API, down from Haiku 4.5's 0.44%.
Its trade-offs are real: pricing jumps roughly 5x beyond 100K-token prompts ($0.50/$2.50 per million vs the headline $0.10/$0.50), extended thinking can no longer be fully disabled — only dialed between low, medium, and high effort, and as the smallest tier, trails both Sonnet 5.5 and Opus 5.5 on hard reasoning and open-ended work. At $0.1 in / $0.5 out per million tokens, it sits in the budget price band.
Mistral Medium 3: where it fits
Mistral's mid-tier model at $0.40/$2.00 — efficient general capability with a 128K window, below the 1M-context frontier tier. Released May 7, 2025 by Mistral AI, it is built for strong cost-to-capability at $0.40/$2.00, general reasoning, coding and multimodal tasks, efficient mid-tier deployment for production workloads, and text and image input.
Its trade-offs: a 128K context — smaller than the 1M-window flagships here, no published SWE-Bench Verified score, a mid-tier model, not a frontier reasoner, and proprietary, unlike Mistral's open-weight releases. At $0.4 in / $2 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
This is less "which is smarter" and more "which ecosystem fits." Claude Haiku 5.5 (US) and Mistral Medium 3 (France) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. Claude Haiku 5.5 is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.
Want both Claude Haiku 5.5 and Mistral Medium 3 without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
See pricingFrequently asked questions
Is Claude Haiku 5.5 or Mistral Medium 3 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Claude Haiku 5.5 leans toward 5x the context window of haiku 4.5 (1m vs 200k tokens) and double the max output (128k vs 64k) while Mistral Medium 3 leans toward strong cost-to-capability at $0.40/$2.00, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Claude Haiku 5.5 or Mistral Medium 3?
Claude Haiku 5.5 is cheaper — $0.1/$0.5 per 1M tokens vs $0.4/$2 per 1M tokens, roughly 4× apart on input.
Which has the bigger context window?
Claude Haiku 5.5 — 1M tokens vs 128K, about 7.8× larger. Useful only if the model actually reasons over the full window, which not all do.
Can I use both Claude Haiku 5.5 and Mistral Medium 3 together?
Yes — a multi-model platform like LumiChats gives you Claude Haiku 5.5, Mistral Medium 3 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Claude Haiku 5.5 or Mistral Medium 3?
Claude Haiku 5.5 — released October 7, 2026, about 17 months after Mistral Medium 3.
Related comparisons
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.