Anthropic

Claude Fable 5.1 token cost

Latest Claude Fable tier for frontier coding and long-running agents, with cheaper cache hits than Fable 5.

Published list rates

Input

$10.00

per 1M tokens

Output

$50.00

per 1M tokens

Cached input

$0.25

per 1M tokens

Context window

1,000,000

tokens

Pricing source: Anthropic Claude pricing

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Project monthly volume

Daily requests × tokens per request × 30 days.

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Cost as volume grows

Claude Fable 5.1 at rising volume: prompt-only, reply-only, and a mixed chat (70% in, 30% out).

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

Tokens Claude Fable 5.1 can process for a set budget — send-only, reply-only, and a 70/30 mix.

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 $0.25 per million, 98% below standard input when the workload meets the provider’s cache rules.

Anthropic

Claude models for long-context reasoning, coding, and production assistants.

All Anthropic models

Cache hits are $0.25 per 1M tokens (0.025x base input) on this tier. 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.

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