Anthropic
Claude Fable 5 token cost
Anthropic’s top Claude API tier for frontier coding and long-running agents when quality beats unit cost.

Published list rates
Input
$10.00
per 1M tokens
Output
$50.00
per 1M tokens
Cached input
$1.00
per 1M tokens
Context window
1,000,000
tokens
Pricing source: Anthropic Claude pricing
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Cost as volume grows
What Claude Fable 5 costs if you only send tokens, only get a reply, or do both (70% in / 30% out). Rows start small and go up to huge traffic.
| Tokens | Input only | Output only | Mix (70% in / 30% out) |
|---|---|---|---|
| 1 | $0.00001 | $0.00005 | $0.000022 |
| 10 | $0.0001 | $0.0005 | $0.00022 |
| 100 | $0.001 | $0.005 | $0.0022 |
| 200 | $0.002 | $0.01 | $0.0044 |
| 300 | $0.003 | $0.015 | $0.0066 |
| 400 | $0.004 | $0.02 | $0.0088 |
| 500 | $0.005 | $0.025 | $0.011 |
| 1,000 | $0.01 | $0.05 | $0.022 |
| 2,000 | $0.02 | $0.1 | $0.044 |
| 5,000 | $0.05 | $0.25 | $0.11 |
| 10,000 | $0.1 | $0.5 | $0.22 |
| 25,000 | $0.25 | $1.25 | $0.55 |
| 50,000 | $0.5 | $2.50 | $1.10 |
| 100,000 | $1.00 | $5.00 | $2.20 |
| 250,000 | $2.50 | $12.50 | $5.50 |
| 500,000 | $5.00 | $25.00 | $11.00 |
| 1,000,000 | $10.00 | $50.00 | $22.00 |
| 5,000,000 | $50.00 | $250.00 | $110.00 |
| 10,000,000 | $100.00 | $500.00 | $220.00 |
| 50,000,000 | $500.00 | $2,500.00 | $1,100.00 |
| 100,000,000 | $1,000.00 | $5,000.00 | $2,200.00 |
| 500,000,000 | $5,000.00 | $25,000.00 | $11,000.00 |
| 1,000,000,000 | $10,000.00 | $50,000.00 | $22,000.00 |
| 10,000,000,000 | $100,000.00 | $500,000.00 | $220,000.00 |
| 100,000,000,000 | $1,000,000.00 | $5,000,000.00 | $2,200,000.00 |
Tokens for a fixed budget
How far a fixed spend goes on Claude Fable 5 at these list rates.
| Budget | Input tokens | Output tokens | Mixed tokens (70/30) |
|---|---|---|---|
| $0.01 | 1,000 | 200 | 455 |
| $0.1 | 10,000 | 2,000 | 4,545 |
| $0.5 | 50,000 | 10,000 | 22,727 |
| $1.00 | 100,000 | 20,000 | 45,455 |
| $5.00 | 500,000 | 100,000 | 227,273 |
| $10.00 | 1M | 200,000 | 454,545 |
| $20.00 | 2M | 400,000 | 909,091 |
| $25.00 | 2.5M | 500,000 | 1.14M |
| $30.00 | 3M | 600,000 | 1.36M |
| $50.00 | 5M | 1M | 2.27M |
| $100.00 | 10M | 2M | 4.55M |
| $250.00 | 25M | 5M | 11.4M |
| $500.00 | 50M | 10M | 22.7M |
| $1,000.00 | 100M | 20M | 45.5M |
| $5,000.00 | 500M | 100M | 227.3M |
| $10,000.00 | 1B | 200M | 454.5M |
At these rates
- A workload with 70% input and 30% output costs $22.00 per 1 million total tokens and $2,200.00 per 100 million.
- At the same token count, output costs 5 times the input rate. Response length therefore deserves its own budget limit.
- Filling the 1,000,000-token context window with input alone would cost about $10.00, before any output.
- Cached input is $1.00 per million, 90% below standard input when the workload meets the provider’s cache rules.
Thinking stays on for this tier. Cache hits are $1 per 1M tokens. Batch rates are $5 input / $25 output per 1M.
These figures use public list prices. Cache eligibility, batch or priority modes, long-context surcharges, discounts, and regional billing can change the invoice.