Price comparison
Voxtral 3 vs Deepgram vs ElevenLabs
Every number below is a public list price, converted to the same unit in code. Batch prices are never compared with streaming prices, and there is no quality adjustment — only price. Run your own volume through the calculator for a monthly estimate.
Batch / pre-recorded · 10,000 min per month
| Model | $/min | Monthly | Source |
|---|---|---|---|
|
Whisper (self-hosted)Not ranked
$0 API fee; GPU and engineering cost are not included, so this row never wins the cheapest badge. |
$0.0000($0.00/hr) | $0.00 | |
|
Voxtral Mini Transcribe 2 (previous generation)Not ranked
Still sold by Mistral and cheaper than Mini 3, but it is the previous generation with different accuracy and features, so it is not recommended and never wins the cheapest badge. |
$0.0030($0.18/hr) | $30.00 | |
|
Voxtral Mini Transcribe 3Cheapest
Batch transcription of recorded files. |
$0.0035($0.21/hr) | $35.00 | |
|
ElevenLabs Scribe v2
Base list price per hour of audio; converted to $/min in code. Optional keyterm prompting ($0.050/hr) and transcript editing ($0.070/hr) are billed extra. |
$0.0037($0.22/hr) | $36.67 | |
|
Voxtral Small Transcribe 3
Flagship transcription with diarization and speaker labels. |
$0.0040($0.24/hr) | $40.00 | |
|
Deepgram Nova-3 (pre-recorded, mono)
Pay-as-you-go list price. New accounts get a free $200 credit (no expiration, ≈43,000 min / 700+ hours of Nova transcription), so early usage can be $0; billing is true per-second, no rounding up. |
$0.0043($0.26/hr) | $43.00 | |
|
Deepgram Nova-3 Multilingual (pre-recorded)
|
$0.0052($0.31/hr) | $52.00 |
Whisper self-hosting and the previous-generation Voxtral Mini Transcribe 2 are shown but not ranked: one has no API fee (GPU cost is real but not on a price list), the other is superseded and cheaper with different accuracy.
Streaming / realtime · 1,000 min per month
| Model | $/min | Monthly | Source |
|---|---|---|---|
|
Deepgram Nova-3 (streaming, mono)CheapestPromo
Limited-time promotional price; regular price $0.0077/min also shown. New accounts get a free $200 credit (no expiration, ≈43,000 min of transcription), so early usage can be $0. |
$0.0048($0.29/hr) | $4.80$7.70 | |
|
Deepgram Nova-3 Multilingual (streaming)Promo
Limited-time promotional price; regular price $0.0092/min also shown. |
$0.0058($0.35/hr) | $5.80$9.20 | |
|
Voxtral Mini Transcribe Realtime (previous generation)Not ranked
Still sold by Mistral and cheaper than Realtime 3, but it is the previous generation with different latency and accuracy, so it is not recommended and never wins the cheapest badge. |
$0.0060($0.36/hr) | $6.00 | |
|
ElevenLabs Scribe v2 Realtime
Base list price per hour of audio; converted to $/min in code. Optional keyterm prompting ($0.080/hr) and transcript editing ($0.120/hr) are billed extra. |
$0.0065($0.39/hr) | $6.50 | |
|
Voxtral Mini Transcribe Realtime 3
Streaming transcription over WebSocket, 80 ms – 2,400 ms configurable latency. |
$0.0080($0.48/hr) | $8.00 |
Deepgram's streaming rate is a limited-time promotion; its regular rate is shown on the official page and in the calculator. Promo expiry changes the ranking, not the units.
What this comparison does not tell you
Accuracy, latency, language coverage, diarization quality, context biasing and compliance are not priced here. A cheaper per-minute rate can lose money if it needs more retries. Use this page to size the bill, then run your own audio through the providers before committing.
Verified: Voxtral 2026-10-25 · competitors 2026-10-25.