Claude Fable 5 API Pricing
Anthropic · Frontier · Proprietary · released 2026-06. Prices in USD per 1 million tokens. Data snapshot: 2026-08-14.
- Input: $10.00 per 1M tokens
- Output: $50.00 per 1M tokens
- Batch API (input/output): $5.00 / $25.00
- Prompt-cache read: $1.00
- Context window: 1M
- Arena ELO: 1495 (as of 2026-08-13)
- Available on: Direct API, AWS Bedrock, Google Vertex, OpenRouter (curated by hand — verify with the provider)
Cost per request by business use case
List price vs optimized (prompt caching on the cached input share, batch API for async workloads — only where the provider publishes those rates).
| Use case | Tokens (in/out) | Cost/req (list) | Cost/req (optimized) | Monthly @100K req |
|---|---|---|---|---|
| Support Ticket | 1,500 / 500 | $0.040 | $0.032 | $3.2K |
| Knowledge Q&A | 2,000 / 800 | $0.060 | $0.047 | $4.7K |
| Meeting Summary | 10,000 / 1,200 | $0.160 | $0.076 | $7.6K |
| Marketing Content | 2,500 / 1,800 | $0.115 | $0.110 | $11.0K |
| Coding Task | 3,000 / 2,000 | $0.130 | $0.117 | $11.7K |
| Invoice Processing | 1,500 / 600 | $0.045 | $0.021 | $2.1K |
| Call Summary | 2,000 / 700 | $0.055 | $0.027 | $2.7K |
| Agent Workflow | 6,000 / 3,000 | $0.210 | $0.172 | $17.2K |
These are list prices — real cost also depends on caching, batching, negotiated discounts, marketplace agreements, and existing contracts. Get a FinOps review from OptimNow or compare all models.