Claude Fable 5 pricing

Claude Fable 5, Reasoning-tier from Anthropic, costs $10.00 per 1M input tokens and $50.00 per 1M output tokens.

verified at the provider's own pricing page

Input$10.00per 1M tokens
Output$50.00per 1M tokens
Context window1Mtokens
TierReasoningAnthropic

Price your own workload against Claude Fable 5 in the calculator →

Specs and pricing

ProviderAnthropic
TierReasoning
Context window1M tokens
Max output128K tokens
Input price$10.00 / 1M tokens
Output price$50.00 / 1M tokens
Cache write$12.50 / 1M tokens
Cache read$1.00 / 1M tokens
Modalitiestext, image

Note. 5-minute cache write shown; 1-hour cache write is $20/MTok.

What it costs at realistic volumes

Assuming a 4:1 input:output token ratio, a common shape for chat and RAG-style workloads:

Volume (4:1 in:out ratio)Input costOutput costTotal / month
1,000,000 in / 250,000 out$10.00$12.50$22.50
10,000,000 in / 2,500,000 out$100.00$125.00$225.00
100,000,000 in / 25,000,000 out$1,000$1,250$2,250

Cheaper alternatives

Same tier (Reasoning), a different provider, and a lower blended cost at the 4:1 ratio used above:

ModelProvider$/1M in$/1M outAt the 4:1 ratio
Trinity Large (Thinking)Parasail$0.22$0.8598.1% cheaper blended
GPT-5.1-codex-miniAzure OpenAI Service$0.25$2.0096.7% cheaper blended
QwQ 32BCloudflare Workers AI$0.66$1.0096% cheaper blended
DeepSeek-R1-Distill-Llama-70BSambaNova$0.70$1.4095.3% cheaper blended
Kimi K2 ThinkingNovita AI$0.60$2.5094.6% cheaper blended