Providers / Anthropic / Claude Fable 5
Claude Fable 5 API Cost Calculator
Claude Fable 5 costs $10 per 1M input tokens and $50 per 1M output tokens at official Anthropic API prices, verified 2026-10-27. Estimate your own usage below — the calculator is preset to this model.
Calculate your Claude Fable 5 cost →Paste text to count tokens instead
Cost per call
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Estimated monthly cost
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Official price vs gateway price
| Where | Input / 1M | Output / 1M |
|---|---|---|
| Official API | $10 | $50 |
Claude Fable 5 is priced above at the official list rate. We have not found a gateway that sells it cheaper with a verifiable public price, so no gateway row is shown — we never estimate one.
Using open-weight models instead (DeepSeek, Qwen, Llama, gpt-oss)? See our Novita AI gateway prices, or go toNovita AI (affiliate).Disclosure.
Anthropic lists Claude Fable 5 as legacy; prefer Claude Fable 5.1 for new work (same list price, cheaper cache hits).
Claude Fable 5 price facts
| Input | $10 per 1M tokens |
|---|---|
| Output | $50 per 1M tokens |
| Cached input | $1 per 1M tokens |
| Batch tier | $5 in / $25 out per 1M tokens |
| Context window | 1,000,000 tokens |
| Released | 2026-06-09 |
| Price verified | 2026-10-27 · source |
What Claude Fable 5 costs in practice
| Workload | Per call | Per month |
|---|---|---|
| Chat assistant 2,000 input / 500 output tokens per call, 10,000 calls a month | $0.045 | $450.00 |
| Document processing 50,000 input / 2,000 output tokens per call, 1,000 calls a month | $0.6 | $600.00 |
| Agent loop with prompt caching 10,000 fresh input / 100,000 cached input / 2,000 output tokens per call, 500 calls a month | $0.3 | $150.00 |
Frequently asked questions
How much does Claude Fable 5 cost per month?
It depends entirely on token volume. As worked examples: a chat assistant doing 10,000 calls a month costs $450.00, while a document pipeline doing 1,000 long calls costs $600.00. Use the calculator on this page with your own numbers for an exact figure. Prices are official rates verified 2026-10-27.
Is Claude Fable 5 cheaper than Claude Haiku 5.5?
At a blended workload of 1M input and 250K output tokens, Claude Fable 5 costs $22.50 and Claude Haiku 5.5 costs $0.225 — so Claude Haiku 5.5 is cheaper at this mix. The answer can flip if your workload is mostly output or mostly cached input.
Does Claude Fable 5 have batch or caching discounts?
Yes — batch processing is $5 / $25 per 1M tokens. Cached input is billed at $1 per 1M tokens. Prices verified 2026-10-27. We do not invent unpublished rates.
Are these official prices or gateway prices?
Claude Fable 5 on this page uses official Anthropic API prices from the provider's public pricing page. Gateway reseller rates, when shown elsewhere on the site, are labeled separately.
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