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Claude Fable 5.1 vs Claude Opus 5.5: which API costs less?

Averaged across three realistic workloads, Claude Opus 5.5 is about 59% cheaper than Claude Fable 5.1. Below: raw rates and side-by-side monthly costs, computed from prices verified 2026-10-17 (we track what you are billed today, promos included).

Rates per 1M tokens

ModelInputOutputCached input
Claude Fable 5.1Anthropic$10$50$0.250
Claude Opus 5.5Anthropic$4$20$0.200

Claude Fable 5.1: Anthropic's most capable model.

Monthly cost, side by side

WorkloadClaude Fable 5.1Claude Opus 5.5Difference

Customer-support chatbot

2M input + 0.5M output tokens/month, 60% of input served from prompt cache

$33.30$13.44Claude Opus 5.5 −60%

RAG / document Q&A

20M input + 1M output tokens/month, 70% cached (shared context)

$114$46.80Claude Opus 5.5 −59%

Agentic coding assistant

50M input + 5M output tokens/month, 80% cached (long sessions)

$360$148Claude Opus 5.5 −59%

Your traffic looks different? Run your own numbers in the calculator.

FAQ

Which is cheaper: Claude Fable 5.1 or Claude Opus 5.5?

Across three realistic workloads (chatbot, RAG, agent), Claude Opus 5.5 works out about 59% cheaper than Claude Fable 5.1 on average. Raw rates: Claude Fable 5.1 $10/$50 per 1M tokens vs Claude Opus 5.5 $4/$20. Verified 2026-10-17.

Does prompt caching change the comparison?

Yes — cached input costs $0.250 on Claude Fable 5.1 and $0.200 on Claude Opus 5.5. Our scenario numbers already include realistic cache hit rates.

Is cheaper always better?

No. Price is one axis — model capability, context window and latency differ. This page answers only the cost question; benchmark quality on your own tasks before switching.