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Claude Fable 5.1 API Pricing and Cost Estimates

Anthropic Claude Fable 5.1 API pricing is $10 per 1M input tokens and $50 per 1M output tokens. Cached input is billed at $0.25 per 1M tokens. The context window is 1M tokens. The Batch API bills at 50% of standard. Prices verified 2026-09-04 against the official pricing page.

Input / 1M tokens

$10

Output / 1M tokens

$50

Cached input / 1M

$0.25

Context window

1M

Monthly cost at three workloads

WorkloadTokens / monthStandard50% cache hitBatch API
Light (prototype / side project)5M in + 1M out$100$75.63$50.00
Medium (small production app)50M in + 10M out$1000$756$500
Heavy (production at scale)500M in + 100M out$10,000$7563$5000

Note: Released Sep 1, 2026. Anthropic's Mythos-class flagship tier above Opus 5 — same $10/$50 base rate as Fable 5, but cache reads drop to 2.5% of the input price ($0.25/MTok vs the 10% every other Claude model charges). Shares its underlying model with Claude Mythos 5.1, offered only to approved organizations.

Closest-priced alternatives

ModelInput / 1MOutput / 1MMedium workload / mo
Anthropic Claude Fable 5.1$10$50$1000
Anthropic Claude Fable 5$10$50$1000
Anthropic Claude Opus 5$5$25$500
OpenAI GPT-5.6 sol$4$20$400
Moonshot Kimi K3$3$15$300

Medium workload = 50M input + 10M output tokens per month at standard price, no caching. Prices verified 2026-09-04.

Claude Fable 5.1 vs the rest of the Anthropic lineup

ModelInput / 1MOutput / 1MCached / 1MContextMedium workload / mo
Claude Fable 5.1$10$50$0.251M$1000
Claude Fable 5$10$50$11M$1000
Claude Opus 5$5$25$0.51M$500
Claude Sonnet 5$2$10$0.21M$200
Claude Haiku 4.5$1$5$0.1200K$100

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LLM API Pricing Calculator

Compare current API prices for Claude, GPT, Gemini, DeepSeek, Kimi, Grok and other LLMs, and estimate your monthly bill from token volume. Includes prompt-caching prices and batch discounts that most comparison tables miss. Prices last verified 2026-09-04. Runs entirely in your browser — no upload, no signup.

M tokens
M tokens

Share of input tokens served from prompt cache

ModelInput $/MOutput $/MCached $/MContextEst. monthly

GPT-5.6 luna

OpenAI

$0.2$1.2$0.021.05M$22.00

Gemini 3.1 Flash-Lite

Google

$0.25$1.5$0.0251M$27.50

DeepSeek V4 Flash

DeepSeek · open-weight

$0.435$1.3$0.01451M$34.75

Gemini 3.6 Flash

Google

$0.75$3.75$0.0751M$75.00

GLM-5

Zhipu (z.ai) · open-weight

$1$3.2$0.2200K$82.00

Grok 4.20

xAI

$1.25$2.5$0.21M$87.50

Kimi K2.7 Code

Moonshot · open-weight

$0.95$4$0.19262K$87.50

Claude Haiku 4.5

Anthropic

$1$5$0.1200K$100

DeepSeek V4 Pro

DeepSeek · open-weight

$1.3$3.91$0.0431M$104

GLM-5.2

Zhipu (z.ai) · open-weight

$1.4$4.4$0.26200K$114

Grok 4.6

xAI

$2$6$0.5500K$160

Grok 4.5

xAI

$2$6$0.3500K$160

Claude Sonnet 5

Anthropic

$2$10$0.21M$200

GPT-5.6 terra

OpenAI

$2$12$0.21.05M$220

Gemini 3.1 Pro Preview

Google

$2$12$0.21M$220

Kimi K3

Moonshot · open-weight

$3$15$0.31.048576M$300

GPT-5.6 sol

OpenAI

$4$20$0.41.05M$400

Claude Opus 5

Anthropic

$5$25$0.51M$500

Claude Fable 5.1

Anthropic

$10$50$0.251M$1000

Claude Fable 5

Anthropic

$10$50$11M$1000

Prices are per 1 million tokens in USD, standard (non-batch) tier, verified 2026-09-04 against official pricing pages. Claude Fable 5.1: Released Sep 1, 2026. Anthropic's Mythos-class flagship tier above Opus 5 — same $10/$50 base rate as Fable 5, but cache reads drop to 2.5% of the input price ($0.25/MTok vs the 10% every other Claude model charges). Shares its underlying model with Claude Mythos 5.1, offered only to approved organizations. Claude Fable 5: Superseded by Claude Fable 5.1 (Sep 1, 2026), which keeps the same base rate but cuts cache reads to $0.25/MTok. Fable 5 remains available as a pinned snapshot with cache reads at the standard 10% ($1.00/MTok). Shares its underlying model with Claude Mythos 5. Claude Sonnet 5: The $2 / $10 launch price is now permanent; the planned Sep 2026 increase to $3 / $15 was cancelled. GPT-5.6 sol: Promotional price, available at least through Nov 21, 2026 (previously $5 / $30). Requests beyond the long-context threshold bill at 2× input / 1.5× output. GPT-5.6 terra: Requests beyond the long-context threshold bill at 2× input / 1.5× output. GPT-5.6 luna: Requests beyond the long-context threshold bill at 2× input / 1.5× output. Gemini 3.1 Pro Preview: Prompts over 200K tokens bill at $4 / $18. Gemini 3.6 Flash: Intro price through Dec 31, 2026; $1.50 / $7.50 from Jan 1, 2027. Grok 4.6: Requests over 200K tokens bill at 2×. Grok 4.5: Requests over 200K tokens bill at 2×. Kimi K3: Always-on reasoning; output includes thinking tokens. DeepSeek V4 Pro: Peak-hour price (Beijing weekdays 09:00–12:00, 14:00–18:00) effective Aug 17, 2026; all other hours bill at 50% of peak. DeepSeek V4 Flash: Peak-hour price (Beijing weekdays 09:00–12:00, 14:00–18:00) effective Aug 17, 2026; all other hours bill at 50% of peak.

Batch discount is applied only to models whose provider offers an async batch tier. Cached-input pricing models the read price; cache-write surcharges (Anthropic) are not included. Long-context surcharges apply above provider thresholds and are noted per model.

FAQ

How much does the Claude Fable 5.1 API cost?

$10 per 1M input tokens and $50 per 1M output tokens, with cached input at $0.25 per 1M. Note: Released Sep 1, 2026. Anthropic's Mythos-class flagship tier above Opus 5 — same $10/$50 base rate as Fable 5, but cache reads drop to 2.5% of the input price ($0.25/MTok vs the 10% every other Claude model charges). Shares its underlying model with Claude Mythos 5.1, offered only to approved organizations. (Verified 2026-09-04.)

What does a month of Claude Fable 5.1 cost in practice?

A medium workload of 50M input + 10M output tokens per month runs about $1000/mo, or about $756/mo if half the input hits the prompt cache. Offline jobs can use the Batch API at 50% of standard.

How does prompt caching change Claude Fable 5.1 pricing?

Input tokens served from the prompt cache bill at $0.25 per 1M — about 3% of the standard input price. Repeated prefixes like system prompts and few-shot examples benefit most.

Is Claude Fable 5.1 cheaper than Claude Fable 5?

At the same medium workload, Claude Fable 5.1 costs about $1000/mo versus about $1000/mo for Anthropic Claude Fable 5. Also weigh quality, latency, and context window (1M vs 1M tokens).

How does Claude Fable 5.1 pricing compare with other Anthropic models?

By input price: Claude Fable 5 is $10/$50 per 1M tokens in/out (about 100% of Claude Fable 5.1's input price); Claude Opus 5 is $5/$25 per 1M tokens in/out (about 50% of Claude Fable 5.1's input price); Claude Sonnet 5 is $2/$10 per 1M tokens in/out (about 20% of Claude Fable 5.1's input price); Claude Haiku 4.5 is $1/$5 per 1M tokens in/out (about 10% of Claude Fable 5.1's input price). See the full-lineup table above.

API pricing for other models