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Mistral NeMo Instruct vs Phi-3.5-mini-instruct

Mistral NeMo Instruct and Phi-3.5-mini-instruct are closely matched at -4.8 and -3.8 on the LLM Stats Score. Mistral NeMo Instruct is 4.6x cheaper per token.

Mistral AI · Microsoft · Updated for 2026

Which is better?

Mistral NeMo Instruct and Phi-3.5-mini-instruct are closely matched on the overall LLM Stats Score at -4.8 and -3.8.

In the 5 individual benchmarks reported for both models, Phi-3.5-mini-instruct wins 3; this is a narrower head-to-head signal than the composite indexes.

On price, Mistral NeMo Instruct is roughly 4.6x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

Mistral NeMo Instruct also accepts a larger context window (131,072 input tokens), making it the stronger choice for long documents and large codebases.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose Mistral NeMo Instruct

  • cost matters — it's about 4.6x cheaper per token
  • you process long inputs — it offers a 131,072 token context window

Choose Phi-3.5-mini-instruct

  • you value its reported benchmark strengths — it wins 3 of 5 exact shared results
  • you want the most recent training data — it shipped Aug 2024

At a glance

The differences that matter most.

Core performance indexes
-4.8
#369
-3.8
#362
-5.0
#361
-4.7
#358
Cost, coverage & limits
Benchmark wins
2 of 5
3 of 5
Input price
$0.02 / M
$0.10 / M
Output price
$0.03 / M
$0.10 / M
Context window
131,072
128,000

Capability indexes

Additional strengths measured across groups of related public benchmarks

2 shared
Index
Mistral NeMo Instruct
Phi-3.5-mini-instruct
-8.1#225
0.6#198
-8.1#209
0.6#186
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

8 reported for Mistral NeMo Instruct · 31 for Phi-3.5-mini-instruct

5 shared

Mistral NeMo Instruct outperforms in 2 benchmarks (HellaSwag, Winogrande), while Phi-3.5-mini-instruct is better at 3 benchmarks (MMLU, OpenBookQA, TruthfulQA).

Phi-3.5-mini-instruct has a slight edge in benchmark performance.

Mon Oct 19 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Mistral NeMo Instruct costs less

For input processing, Mistral NeMo Instruct ($0.02/1M tokens) is 5.3x cheaper than Phi-3.5-mini-instruct ($0.10/1M tokens).

For output processing, Mistral NeMo Instruct ($0.03/1M tokens) is 3.3x cheaper than Phi-3.5-mini-instruct ($0.10/1M tokens).

In conclusion, Phi-3.5-mini-instruct is more expensive than Mistral NeMo Instruct.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Mon Oct 19 2026 • llm-stats.com
Mistral AI
Mistral NeMo Instruct
Input tokens$0.02
Output tokens$0.03
Best providerDeepinfra
Microsoft
Phi-3.5-mini-instruct
Input tokens$0.10
Output tokens$0.10
Best providerAzure
Notice missing or incorrect data?

Model Size

Parameter count comparison

8.2B diff

Mistral NeMo Instruct has 8.2B more parameters than Phi-3.5-mini-instruct, making it 215.8% larger.

Mistral AI
Mistral NeMo Instruct
12.0Bparameters
Microsoft
Phi-3.5-mini-instruct
3.8Bparameters
12.0B
Mistral NeMo Instruct
3.8B
Phi-3.5-mini-instruct

Context Window

Maximum input and output token capacity

Mistral NeMo Instruct accepts 131,072 input tokens compared to Phi-3.5-mini-instruct's 128,000 tokens. Mistral NeMo Instruct can generate longer responses up to 131,072 tokens, while Phi-3.5-mini-instruct is limited to 128,000 tokens.

Mistral AI
Mistral NeMo Instruct
Input131,072 tokens
Output131,072 tokens
Microsoft
Phi-3.5-mini-instruct
Input128,000 tokens
Output128,000 tokens
Mon Oct 19 2026 • llm-stats.com

License

Usage and distribution terms

Mistral NeMo Instruct is licensed under Apache 2.0, while Phi-3.5-mini-instruct uses MIT.

License differences may affect how you can use these models in commercial or open-source projects.

Mistral NeMo Instruct

Apache 2.0

Open weights

Phi-3.5-mini-instruct

MIT

Open weights

Release Timeline

When each model was launched

Mistral NeMo Instruct was released on 2024-07-18, while Phi-3.5-mini-instruct was released on 2024-08-23.

Phi-3.5-mini-instruct is 1 month newer than Mistral NeMo Instruct.

Mistral NeMo Instruct

Jul 18, 2024

2.3 years ago

Phi-3.5-mini-instruct

Aug 23, 2024

2.2 years ago

1mo newer

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

Mistral NeMo Instruct is available from DeepInfra, Google, Mistral AI. Phi-3.5-mini-instruct is available from Azure.

Mistral NeMo Instruct

deepinfra logo
Deepinfra
Input Price:Input: $0.02/1MOutput Price:Output: $0.03/1M
google logo
Google
Input Price:Input: $0.15/1MOutput Price:Output: $0.15/1M
mistral logo
Mistral
Input Price:Input: $0.15/1MOutput Price:Output: $0.15/1M

Phi-3.5-mini-instruct

azure logo
Azure
Input Price:Input: $0.10/1MOutput Price:Output: $0.10/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?

Judge for yourself.

Run your own prompts against Mistral NeMo Instruct and Phi-3.5-mini-instruct side-by-side, then vote on the output you prefer.

Mistral NeMo Instruct
✓ Preferred
Phi-3.5-mini-instruct
Open in Playground

FAQ

Common questions about Mistral NeMo Instruct vs Phi-3.5-mini-instruct.

Which is better, Mistral NeMo Instruct or Phi-3.5-mini-instruct?

Mistral NeMo Instruct and Phi-3.5-mini-instruct are closely matched on the LLM Stats Score at -4.8 and -3.8. Mistral NeMo Instruct is made by Mistral AI and Phi-3.5-mini-instruct is made by Microsoft. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does Mistral NeMo Instruct compare to Phi-3.5-mini-instruct in benchmarks?

Mistral NeMo Instruct scores HellaSwag: 83.5%, Winogrande: 76.8%, TriviaQA: 73.8%, CommonSenseQA: 70.4%, MMLU: 68.0%. Phi-3.5-mini-instruct scores GSM8k: 86.2%, ARC-C: 84.6%, RULER: 84.1%, PIQA: 81.0%, OpenBookQA: 79.2%.

Is Mistral NeMo Instruct cheaper than Phi-3.5-mini-instruct?

Mistral NeMo Instruct is 5.3x cheaper for input tokens. Mistral NeMo Instruct costs $0.02/M input and $0.03/M output via deepinfra. Phi-3.5-mini-instruct costs $0.10/M input and $0.10/M output via azure.

What are the context window sizes for Mistral NeMo Instruct and Phi-3.5-mini-instruct?

Mistral NeMo Instruct supports 131K tokens and Phi-3.5-mini-instruct supports 128K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between Mistral NeMo Instruct and Phi-3.5-mini-instruct?

Key differences include LLM Stats Score (-4.8 vs -3.8), context window (131K vs 128K), input pricing ($0.02 vs $0.10/M), licensing (Apache 2.0 vs MIT). See the full comparison above for benchmark-by-benchmark results.

Who makes Mistral NeMo Instruct and Phi-3.5-mini-instruct?

Mistral NeMo Instruct is developed by Mistral AI and Phi-3.5-mini-instruct is developed by Microsoft.