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Llama 3.2 3B Instruct vs Mistral Small 3 (Comparative Analysis)

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Comparative Analysis: Llama 3.2 3B Instruct vs. Mistral Small 3
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Overview

Llama 3.2 3B Instruct was released 4 months before Mistral Small 3.
Llama 3.2 3B InstructLlama 3.2 3B Instruct
Mistral Small 3Mistral Small 3
Model Provider
The organization behind this AI's development
Meta logoMeta
Mistral logoMistral
Input Context Window
Maximum input tokens this model can process at once
131.1K
tokens
32.8K
tokens
Output Token Limit
Maximum output tokens this model can generate at once
131.1K
tokens
16.4K
tokens
Release Date
When this model first became publicly available
September 25th, 2024
January 30th, 2025
Knowledge Cutoff
Latest training-data date reported by the provider
December 31, 2023
October 31, 2023

Capabilities & Features

Compare supported features, modalities, and advanced capabilities
Llama 3.2 3B Instruct
Mistral Small 3
Input Types
Supported input formats
📝Text
📝Text
Output Types
Supported output formats
📝Text
📝Text
Tokenizer
Text encoding system
Llama3Mistral
Key Features
Advanced capabilities
Function CallingStructured OutputReasoning ModeContent Moderation
Function CallingStructured OutputReasoning ModeContent Moderation
Open Source
Model availability
Available on HuggingFace →Available on HuggingFace →

Pricing

Llama 3.2 3B Instruct is roughly 1.0x less expensive compared to Mistral Small 3 for input tokens and roughly 4.1x more expensive for output tokens.
Llama 3.2 3B InstructLlama 3.2 3B Instruct
Mistral Small 3Mistral Small 3
Input Token Cost
Cost per million input tokens
$0.05
per million tokens
$0.05
per million tokens
Output Token Cost
Cost per million output tokens
$0.33
per million tokens
$0.08
per million tokens

At a Glance

Quick overview of what makes Llama 3.2 3B Instruct and Mistral Small 3 unique.
Meta logoLlama 3.2 3B Instruct by Meta generates structured data. It can handle standard conversations with its 131.1K token context window. Very affordable at $0.05/M input and $0.33/M output tokens. Released September 25th, 2024.
Mistral logoMistral Small 3 by Mistral generates structured data. It can handle standard conversations with its 32.8K token context window. Very affordable at $0.05/M input and $0.08/M output tokens. Released January 30th, 2025.

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