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Claude Fable 5.1 API price, and what each result really costs

Anthropic, listed 1 Sept 2026. Price checked 12 Nov 2026; unchanged since we started tracking it. Source: Anthropic's pricing page. anthropic/claude-fable-5.1

List price per million tokens

Input
$10.00
Cached input
$0.25
Output
$50.00
Context window
1M tokens

Note: Cache hits priced at 0.025x input. Cache writes: 5m $12.50, 1h $20. Batch 50% off. Predecessor Claude Fable 5 (still offered) has the same $10/$50 price but $1 cache hits.

What it costs per task, and per task that works

Six common task shapes with typical token counts. The real cost counts the tries that get redone; the rates are examples, not measurements.

TaskPer 1,000 triesPer 1,000 that work, 8 in 10Per 1,000 that work, 6 in 10Per 1,000 that work, 4 in 10
Support bot answer3,000 in / 300 out$45.00$56.25$75.00$112.50
Invoice field extraction2,500 in / 250 out$37.50$46.88$62.50$93.75
Lead scoring1,200 in / 100 out$17.00$21.25$28.33$42.50
Email reply draft1,500 in / 400 out$35.00$43.75$58.33$87.50
Translation900 in / 800 out$49.00$61.25$81.67$122.50
Search re-ranking4,000 in / 50 out$42.50$53.13$70.83$106.25

Work out your own real cost per resultTest Claude Fable 5.1 on your own prompt

Compare Claude Fable 5.1 with

Questions

How much does the Claude Fable 5.1 API cost?

$10.00 per million input tokens and $50.00 per million output tokens, or $0.25 per million for cached input. Price checked 12 Nov 2026; unchanged since we started tracking it.

What does a result that works really cost with Claude Fable 5.1?

A support bot answer (about 3,000 tokens in, 300 out) costs $0.045 per try. If 6 in 10 work first time, each answer that works really costs $0.075, because the redone ones were paid for too.