Anthropic

Claude Fable 5

$10.00 per 1M input tokens and $50.00 per 1M output tokens · 1M context · vision, tools, reasoning, JSON.

Prices checked Oct 21, 2026 · tracked by LLM Cost Index since Oct 21, 2026

$10.00
input / 1M tokens
$50.00
output / 1M tokens
$1.00
cached input / 1M
1M
context window
128K
max output
49.6
Artificial Analysis intelligence index

Cheaper ways to run the same model: Claude Fable 5 (batch) at $5.00 / $25.00 — same model, different service (e.g. batch processing with a delay).

What Claude Fable 5 costs per month

Estimated monthly bill for typical workloads, using the cached-input price for repeated context. Try your own numbers in the cost calculator.

WorkloadPer month
Customer chatbot
1,000 conversations a day, 8 turns each
$5,856
Document Q&A (RAG)
500 questions a day over retrieved documents
$1,194
Coding / tool-using agent
200 tasks a day, long tool-heavy contexts
$2,370
Content generation
30 long articles a day
$140
Classification / extraction
100,000 short items a day
$11,250

Price history

We started tracking Claude Fable 5 on Oct 21, 2026; the chart appears as soon as there is a second data point. See all recent price changes.

Where to run Claude Fable 5: 6 providers

Amazon Bedrock is the cheapest at $10.00 input / $50.00 output per 1M tokens. Uptime is the average over the last 30 days as reported by OpenRouter; see provider reliability.

ProviderInput / 1MOutput / 1MContextUptimeNotes
Amazon Bedrock$10.00$50.001M— —
Anthropic$10.00$50.001M100% —
Azure$10.00$50.001M100% —
Claude Platform on AWS$10.00$50.001M100% —
Google$10.00$50.001M100% —
Google$11.00$55.001M100% —

Cheaper alternatives to Claude Fable 5

Models with the same tool calling, image input, structured output for at least 20% less (3:1 input/output mix), most capable first.

Cheaper alternatives to Claude Fable 5
Model Input / 1M Output / 1M Context Capabilities
Claude Opus 5.5
Anthropic
$4.00 $20.00 1M visiontoolsreasoningJSON
Claude Sonnet 5.5
Anthropic
$2.00 $10.00 1M visiontoolsreasoningJSON
Gemini 4 Argon
Google
$2.00 $10.00 1.05M visionaudiotoolsreasoningJSON
GPT-6.1 Sol
OpenAI
$2.00 $10.00 1.05M visiontoolsreasoningJSON
Claude Opus 5
Anthropic
$5.00 $25.00 1M visiontoolsreasoningJSON

How to pay less for Claude Fable 5

For a customer chatbot (1,000 conversations a day, 8 turns each) that costs $7,800 a month at list price without caching:

OptionPer monthYou save
Move to Claude Opus 5.5 (similar capabilities)$2,299$5,501 (71%)
Switch to Claude Fable 5 (batch)$3,900$3,900 (50%)
Use prompt caching (60% of input cached)$5,856$1,944 (25%)

Other workloads: cut-your-bill tool for Claude Fable 5.

Specifications

Model IDanthropic/claude-fable-5
Inputtext, image, file
Outputtext
Tool callingYes
Structured outputYes
Reasoning modeYes
Open weightsNo
ReleasedJun 9, 2026
Web search$0.01 per request

FAQ

How much does Claude Fable 5 cost?
$10.00 per million input tokens and $50.00 per million output tokens; cached input costs $1.00 per million. Prices as of Oct 21, 2026.
What is the context window of Claude Fable 5?
1M tokens, with up to 128K output tokens per response.
Does Claude Fable 5 support images, tools and structured output?
Images as input: yes. Tool calling: yes. Structured (JSON) output: yes. Reasoning mode: yes.
What are cheaper alternatives to Claude Fable 5?
Models with the same key capabilities for at least 20% less include Claude Opus 5.5 ($4.00 / $20.00), Claude Sonnet 5.5 ($2.00 / $10.00), Gemini 4 Argon ($2.00 / $10.00).

More from Anthropic: all Anthropic models · how we collect prices