A Khajiit in full mithril armor

Mithril armor is a type of light armor. When you reach level ten you can get a set for yourself. This is the highest class of light armor that shops will normally sell.

For the most part, it seems to be of a higher quality of Chainmail armor.

Armor Piece Base Value Weight Max. Armor
Mithril Helmet 100 GoldIcon 2 WeightIcon 4 ArmorIcon
Mithril Cuirass 330 GoldIcon 11 WeightIcon 10 ArmorIcon
Mithril Gauntlets 100 GoldIcon 2 WeightIcon 4 ArmorIcon
Mithril Greaves 175 GoldIcon 6 WeightIcon 6.7 ArmorIcon
Mithril Boots 100 GoldIcon 3 WeightIcon 4 ArmorIcon
Mithril Shield 260 GoldIcon 4 WeightIcon 13 ArmorIcon

Notes: "Base Value" refers to the actual value without mercantile or disposition affecting it. "Max. Armor" refers to the maximum amount of armor the piece can provide, assuming maximum stats and skill.