| Input per 1M tokens | $10 |
| Output per 1M tokens | $50 |
| Cache read per 1M tokens | $0.25 |
| Status | active |
| Source | official pricing page · verified 2026-10-26 |
Anthropic's top tier as of October 2026. Cache reads at 0.025× input. Added 2026-10-13 from Anthropic's pricing page.
Example costs
- One request (2,000 in / 500 out): $0.0450
- 100K such requests/month: $4,500
- 1M input + 1M output tokens: $60
Compare against other models →
How Claude Fable 5.1 compares on rate
Claude Fable 5.1 runs $10 input / $50 output per MTok — a combined $60 for 1M tokens each way. The cheapest active model in our table, Gemini 2.5 Flash-Lite at $0.1/$0.4 (combined $0.5), is about 99% cheaper on combined rate (verified 2026-10-26).
Cheapest active Anthropic alternative: Claude Haiku 5.5 at $0.1/$0.5 per MTok — combined $0.6 against $60, about 99% less.
Cache reads on Claude Fable 5.1 are priced at $0.25 per MTok — 0.025× the fresh input rate of $10. A workload where most requests share a long prefix pays far less than the base-rate estimate.
Per-token rate is not per-task cost — tokenizers differ between model families, so benchmark with your own payloads before switching.
What real volumes cost at Claude Fable 5.1 rates
Straight rate-card math at the verified $10/$50 per-MTok prices, assuming a 75% input / 25% output token split — no caching or batch discounts applied.
| Volume | Split | Cost at Claude Fable 5.1 rates |
|---|---|---|
| 100K tokens in a day | 75,000 in + 25,000 out | $2.00 |
| That pace over a 30-day month (3M tokens) | 2.25M in + 750K out | $60.00 |
| 1M tokens in a month | 750,000 in + 250,000 out | $20.00 |
| Heavy month — 12M tokens | 9M in + 3M out | $240 |
Change the split or volume in the calculator — same verified rates, your numbers. Method + the corrections that make estimates real: how to estimate LLM API costs.
Frequently asked questions
What does Claude Fable 5.1 cost per million tokens?
Claude Fable 5.1 costs $10 per 1M input tokens and $50 per 1M output tokens on the Anthropic API, with cache reads at $0.25 per 1M tokens (verified 2026-10-26).
How much does 100K tokens a day cost on Claude Fable 5.1?
At a 75% input / 25% output split, 100K tokens costs about $2.00 at Claude Fable 5.1 rates — about $60.00 over a 30-day month. That is straight rate-card math, before any caching or batch discounts.
Is there a cheaper model than Claude Fable 5.1?
Yes — the cheapest active model we track is Gemini 2.5 Flash-Lite at $0.1/$0.4 per MTok, a combined $0.5 against Claude Fable 5.1's $60 — about 99% less on combined rate (verified 2026-10-26). Tokenizers differ between families, so benchmark per-task cost with your own payloads.
How much do cache reads cost on Claude Fable 5.1?
Cached input on Claude Fable 5.1 is billed at $0.25 per 1M tokens — 0.025× the fresh input rate of $10. Workloads where most requests share a long prefix pay far below the base-rate estimate.