LlamaParse (LlamaIndex) vs Mistral OCR
Default scenario: At 100K pages / month, estimated bills are $4,500/yr for LlamaParse (LlamaIndex) and $4,800/yr for Mistral OCR. That’s a $300 difference before accounting for different features or operating costs.
The services may differ in features, performance, support and the work you need to do yourself. Read the notes and test what matters to your setup.
Your selected usage
100K pages / month
- LlamaParse (LlamaIndex): $4,500/yr estimated
- Mistral OCR: $4,800/yr estimated
Estimated costs at different usage levels
| Usage | LlamaParse (LlamaIndex) | Mistral OCR |
|---|---|---|
| SMB invoices10K pages / month | $600/yrStarter · $3.75 per 1k pages | $480/yr$4 per 1k pages |
| Back-office automation100K pages / month | $4,500/yrStarter · $3.75 per 1k pages | $4,800/yr$4 per 1k pages |
| Archive digitisation5M pages / month | —Over self-serve plan limits · contact sales | $240,000/yr$4 per 1k pages |
Text + layout/table extraction. Custom-trained form extractors and handwriting are priced differently, and quality varies by document type. Try your own numbers against all ocr & document parsing providers.
Side by side
| LlamaParse (LlamaIndex) | Mistral OCR | |
|---|---|---|
| What it is | LlamaIndex's hosted document parser with tiered LLM/VLM parsing modes, billed in credits; US and EU regions. | Mistral AI's OCR model API (OCR 4.1) returning markdown with tables, images and block-level bounding boxes; EU-hosted. |
| Headquarters | 🇺🇸 United States | 🇫🇷 France |
| Parent jurisdiction | 🇺🇸 United States | 🇫🇷 France |
| EU self-serve plan | Available; check eligible plans and regions | Available; check eligible plans and regions |
| GDPR DPA | Yes | Yes |
| Billing | subscription | payg |
| Free tier | Free plan: 10K credits/month (about 3,300 pages in Cost-effective mode). | — |
| Open source | No | No |
| Source last checked | 2026-10-06 | 2026-10-06 |
| Pricing evidence | Published rates | Published rates |
Which should you choose?
Mistral OCR has the lower estimated bill up to about 10K pages / month. From about 20K pages / month, LlamaParse (LlamaIndex) is cheaper. From about 2M pages / month, LlamaParse (LlamaIndex) is over its self-serve plan limits.
Choose LlamaParse (LlamaIndex) if…
- it has the lower estimated bill at Back-office automation usage
- you want to start free (Free plan: 10K credits/month (about 3,300 pages in Cost-effective mode))
Choose Mistral OCR if…
- it has the lower estimated bill at SMB invoices usage
- you want a provider whose parent company is outside the US (France)
Based on estimated list-price bills and the facts above. Features, performance and support aren’t scored.
LlamaParse (LlamaIndex) pricing
Calculated from the listed vendor rates; exclusions still apply.
| Plan | Base fee / month | 1k additional pages |
|---|---|---|
| Free | $0 | $3.75 |
| Starter | $50 | $3.75 |
| Pro | $500 | $3.75 |
1,000 credits = $1.25. Priced on the Cost-effective parse tier (3 credits/page = $3.75 per 1,000 pages), which handles tables and layout. Other tiers: Fast 1 credit (text only, $1.25/1k), Agentic 10 ($12.50/1k), Agentic Plus 45 ($56.25/1k); layout bounding boxes +3 credits/page. Plans: Free 10K credits/month, no pay-as-you-go; Starter $50 with 40K credits and pay-as-you-go up to 400K more; Pro $500 with 400K credits and pay-as-you-go up to $5,000/month (limits above convert those caps to pages). Larger volumes: Enterprise. EU region at cloud.eu.llamaindex.ai on all plans. DPA linked from the site.
LlamaParse (LlamaIndex) plan limits, full rates and cheaper alternatives · official pricing page
Mistral OCR pricing
Calculated from the listed vendor rates; exclusions still apply.
| 1k additional pages |
|---|
| $4 |
OCR 4.1 (mistral-ocr-4-1): $4 per 1,000 pages; Document AI annotations (structured extraction to a schema) $5 per 1,000 annotated pages. Older OCR 2/4.0 are retired. Batch API pricing for OCR not confirmed on the model page. Mistral AI is headquartered in Paris and processes data in the EU by default; DPA available.
Mistral OCR plan limits, full rates and cheaper alternatives · official pricing page
Frequently asked questions
Is LlamaParse (LlamaIndex) cheaper than Mistral OCR?
Mistral OCR has the lower estimated bill up to about 10K pages / month. From about 20K pages / month, LlamaParse (LlamaIndex) is cheaper. From about 2M pages / month, LlamaParse (LlamaIndex) is over its self-serve plan limits. At 100K pages / month, the estimates are $4,500/yr for LlamaParse (LlamaIndex) and $4,800/yr for Mistral OCR. Estimates use list prices and leave out features, support and operating costs.
Do LlamaParse (LlamaIndex) and Mistral OCR offer EU data residency?
Both offer EU data residency on a self-serve plan. Check which plans and regions qualify.
Do LlamaParse (LlamaIndex) and Mistral OCR have a free tier or trial?
LlamaParse (LlamaIndex): Free plan: 10K credits/month (about 3,300 pages in Cost-effective mode). Mistral OCR has no free tier or trial in our data.
Where are LlamaParse (LlamaIndex) and Mistral OCR based?
LlamaParse (LlamaIndex) is headquartered in the United States. Mistral OCR is headquartered in France.