Claude Fable 5 pricing
Anthropic ·
claude-fable-5 ·
1M context
· 84th cheapest of 89 current models
Estimate Claude Fable 5 for your workload Source and check date
Rates last checked against the vendor’s own published pricing on 2026-11-10.
What Claude Fable 5 costs
| Rate | Per 1M tokens | Per 1K tokens | What it covers |
|---|---|---|---|
| Input | $10 | $0.01 | Every token you send: prompt, history, documents. |
| Output | $50 | $0.05 | Every token the model generates, including hidden reasoning tokens. |
| Cached input | $1 | $0.001 | Input served from the provider’s prompt cache. |
| Cache write (5 minutes) | $12.5 | $0.0125 | Charged once, to put a prefix into the cache for the default five minutes. Estimates use this rate. |
| Cache write (1 hour) | $20 | $0.02 | The same write with a one-hour lifetime, for prompts reused less often than every five minutes. |
What that means in practice
The same three workloads are costed on every model page, so these numbers are directly comparable across the catalog. No prompt caching and no batch discount is assumed — the figures are what you pay before you optimize anything.
Support chatbot
2,500 six-turn conversations a day
$40,275 / month
$0.537 per conversation · $483,300 a year
An 800-token system prompt, 400-token questions and 900-token answers, over six turns — each turn re-sending everything before it.
Document summarizer
1,000 single-shot summaries a day
$4,860 / month
$0.162 per conversation · $58,320 a year
One 12,000-token document in, an 800-token summary out, no conversation history. The case where input dominates the bill.
Coding agent
200 twelve-turn sessions a day
$28,080 / month
$4.68 per conversation · $336,960 a year
A 3,000-token system prompt, 1,500-token instructions and 2,500-token responses over twelve turns. Long sessions are where the quadratic cost of re-sent history stops being theoretical.
Change the assumptions in the calculator
Cheaper, and scored at least as capable
Every model below costs less on a blended rate and carries a capability score at least as high as Claude Fable 5’s. The score is a rough estimate, not a benchmark — treat it as a shortlist, not a verdict.
| Model | Input | Output | Blended saving | |
|---|---|---|---|---|
| Claude Opus 5.5 | $4 | $20 | 60% | |
| Claude Sonnet 5.5 | $2 | $10 | 80% | |
| GPT-6.1 Sol | $2 | $10 | 80% | |
| Gemini 4 Argon | $2 (Promotional rate until 2026-11-30 — standard rate $4/M) | $10 (Promotional rate until 2026-11-30 — standard rate $20/M) | 60% | side by side |
| Muse Wonder 1.0 | $4 | $20 | 60% | side by side |
Head to head
- Claude Fable 5 vs Gemini 4 Argon
- Claude Fable 5 vs GPT-5.5
- Claude Fable 5 vs GPT-5.6 Sol
- Claude Fable 5 vs Muse Wonder 1.0
Specification
| Context window | 1M tokens |
|---|---|
| Maximum output | 128K tokens |
| Provider | Anthropic |
| Status | Current |
| Reasoning model | Yes |
| Vision | Yes |
| Token counting | Estimated at ~3.6 characters per token (Estimate — Anthropic's tokenizer is server-side; ratio calibrated on English prose) |
| Batch API | 50% off both rates for non-interactive work |
Price history
PromptSpend has recorded Claude Fable 5 since 2026-08-02, and none of its rates has changed in that time. Tracking began on 2026-08-02, so anything the vendor did before then is not on record here.
Every row, with the commit that published it, is in the price-history dataset; price news is also available as an Atom feed.
Where these numbers come from
Last checked against its source on 2026-11-10. Source of record: the vendor’s own published pricing.
The vendor page a human checked
Regional and data-residency premiums, priority tiers, server-side tool fees and negotiated discounts are not included. Prices change without notice; this page is rebuilt every time the catalog does.
Common questions
How much does Claude Fable 5 cost?
Claude Fable 5 costs $10 per 1M input tokens and $50 per 1M output tokens at the standard tier, as last checked against the vendor’s own published pricing on 2026-11-10.
How much does Claude Fable 5 cost to run for a month?
On PromptSpend's three standard workloads, Claude Fable 5 costs about $40,275 for a support chatbot, $4,860 for a document summarizer and $28,080 for a coding agent each month. No prompt caching and no batch discount is assumed, and the same workloads are costed on every model page, so the figures compare directly.
Is there a cheaper alternative to Claude Fable 5?
Yes. Claude Opus 5.5 ($4 in, $20 out), Claude Sonnet 5.5 ($2 in, $10 out) and GPT-6.1 Sol ($2 in, $10 out) cost less on a blended rate and carry a capability score at least as high. The score is a rough estimate, not a benchmark, so treat the list as a shortlist.
How large is the context window of Claude Fable 5?
Claude Fable 5 accepts up to 1M tokens of context and can produce up to 128K tokens of output.
Has the price of Claude Fable 5 changed?
No vendor change is on record. PromptSpend has recorded Claude Fable 5 since 2026-08-02 and none of its rates has moved. PromptSpend began tracking prices on 2026-08-02, so earlier changes are not on record.
Where do the prices for Claude Fable 5 come from?
They come from the vendor’s own published pricing and were last checked on 2026-11-10. Regional and data-residency premiums, priority tiers, server-side tool fees and negotiated discounts are not included.