Claude Fable 5 API pricing — cost per million tokens
Anthropic's Claude Fable 5 costs $10 per million input tokens and $50 per million output tokens on the standard API tier (verified 2026-07-05). Compare it in the full pricing table or price your own prompts in the token cost calculator.
Claude Fable 5 price per million tokens
| direction | $ / Mtok | $ / 1K tokens |
|---|---|---|
| input (prompt) | $10 | $0.01 |
| output (completion) | $50 | $0.05 |
What real requests cost on Claude Fable 5
| workload | input | output | total |
|---|---|---|---|
| Chat message (1K in / 500 out) | $0.01 | $0.025 | $0.035 |
| Long document (100K in / 2K out) | $1.00 | $0.10 | $1.10 |
| Agent session (500K in / 50K out) | $5.00 | $2.50 | $7.50 |
How Claude Fable 5 pricing compares
On the same chat-message workload, Claude Fable 5 costs 125× more than DeepSeek V4 Flash (the cheapest tracked model) — capability, latency and context limits are the other side of that trade. Output tokens dominate long generations: at $50/Mtok, a 50K-token agent transcript costs $2.50 in output alone. Official rate card: Anthropic pricing.
Related: Claude Opus 4.8 pricing · Claude Sonnet 5 pricing · DeepSeek V4 Flash pricing · release timeline
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