TokenTally

Claude Fable 5.1 API pricing — what it really costs

Claude Fable 5.1 (Anthropic) costs $10 per 1M input tokens and $50 per 1M output tokens — with prompt caching, cached input drops to $0.250. Anthropic's most capable model. Prices verified 2026-10-17; we track the price you are actually billed today, including promotional rates.

Price per 1M tokens

InputOutputCached input
$10$50$0.250

Real monthly costs on Claude Fable 5.1

Three realistic workloads, computed from the prices above (cached share billed at the cache-read rate where the provider offers one):

Customer-support chatbot

$33.30/mo

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

RAG / document Q&A

$114/mo

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

Agentic coding assistant

$360/mo

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

Want exact numbers for your usage? Open the calculator — same verified prices, your token volumes.

Compare Claude Fable 5.1

FAQ

How much does the Claude Fable 5.1 API cost?

Claude Fable 5.1 costs $10 per 1M input tokens and $50 per 1M output tokens. Cached input tokens cost $0.250 per 1M. Note: Anthropic's most capable model. Pricing verified 2026-10-17.

What does a typical workload cost on Claude Fable 5.1?

Customer-support chatbot: about $33.30/month (2M input + 0.5M output tokens/month, 60% of input served from prompt cache). RAG / document Q&A: about $114/month (20M input + 1M output tokens/month, 70% cached (shared context)). Agentic coding assistant: about $360/month (50M input + 5M output tokens/month, 80% cached (long sessions))

Is Claude Fable 5.1 expensive compared to other models?

Claude Fable 5.1 ranks #20 of 23 models by blended price in our comparison. The cheapest tracked models are Claude Haiku 5.5 and GPT-6 Luna at $0.100/$0.500 per 1M tokens.