Claude Fable 5 API pricing

Anthropic model · context 1,000,000 tokens · max output 128,000 · vision, reasoning. Last price check 2026-10-07. Official pricing.

Input$10.00 / 1M tokens
Output$50.00 / 1M tokens
Cached input$1.00 / 1M tokens
Cache write$12.50 / 1M tokens
Batch input$5.00 / 1M tokens
Batch output$25.00 / 1M tokens

What it costs per month

Scenario (per month)Claude Fable 5
Customer support chatbot
1,000 req/day · 1,500 in · 300 out
$698
RAG over documents
500 req/day · 6,000 in · 400 out
$957
Agent loop (10 calls/task, 200 tasks)
2,000 req/day · 8,000 in · 500 out
$3,276
Batch summarization
10,000 req/day · 3,000 in · 200 out · batch
$6,000

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Cheaper alternatives

Lowest monthly cost for the chatbot scenario among reasoning models:

Price history

No price changes recorded since tracking began on 2026-10-07.