Frequently asked questions
How much does the Claude Fable 5 API cost?
Claude Fable 5 costs $10 per million input tokens and $50 per million output tokens, with cached input at $1 per million (90% off).
How much does a typical chat message cost with Claude Fable 5?
A short chat message (about 500 input and 250 output tokens) costs roughly $0.018 with Claude Fable 5. At 1,000 such requests a day, that is about $525.00 per month.
Is Claude Fable 5 cheap compared to similar models?
Claude Fable 5 has the #26 cheapest input rate of the 26 models we track. On a mixed workload (10K input / 2K output), it costs $0.200 per request, versus $0.045 for GPT-4o.
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Last updated 2026-08-03. Prices verified againstAnthropic's official pricing page; see themethodology.