Anthropic

Claude Fable 5 Pricing

Anthropic ยท Claude Fable ยท Live

Prices verified July 29, 2026

Claude Fable 5 costs $10 per million input tokens and $50 per million output tokens on the Anthropic API. Cached input reads are billed at $1 per million tokens. It supports a 1,000,000-token context window and up to 128,000 output tokens per request. The model supports extended reasoning, image input, tool use, long context. Released June 9, 2026. Pricing verified July 29, 2026.

Claude Fable 5 API pricing

Input (per 1M tokens)
$10
Output (per 1M tokens)
$50
Cached input (per 1M tokens)
$1
Cache write, 5m TTL
$12.5
Cache write, 1h TTL
$20
Batch discount
50%
Context window
1,000,000 tokens
Max output
128,000 tokens
Released
June 9, 2026
Estimate your Claude Fable 5 cost

Capabilities

Extended reasoningImage inputTool useLong context

Price history

Price-stable since July 12, 2026.

Source: SaaS Price Hub ยท verified daily

Frequently asked questions

Notes

Claude Fable 5 released June 9, 2026 โ€” Anthropic's first public Mythos-class model, positioned above Opus. Most expensive model on Anthropic's price list: $10/$50 per 1M tokens (2x Opus 4.8). Batch API halves both to $5/$25. Cache hits drop to $1/M. US-only inference at 1.1x. Available to Pro, Max, Team, and Enterprise users. Was suspended June 13 for 18 days under US export-control order, returned July 1. [2026-07-13] Context Window 200,000 โ†’ 1,000,000 and Max Output 64,000 โ†’ 128,000 per platform.claude.com docs + OpenRouter (Fable 5: 1M context, up to 128K output per request). Prices unchanged ($10/$50, cache read $1). [2026-07-20] Backfilled Cache Write 5m = $12.50, Cache Write 1h = $20.00 (explicit per pricing aggregators, consistent with Anthropic's standard 1.25ร—/2ร— write multipliers) and Batch Discount % = 50 (already documented in these notes). Prices unchanged ($10/$50, cache read $1). Data completion, not a market change โ€” no snapshot written.