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Anthropic

Anthropic · Claude Fable family · released 1 Sep 2026

Claude Fable 5.1 API pricing

Anthropic's most capable widely available line, priced above Opus. Claude Fable 5.1 replaced Fable 5 on 1 September 2026 at the same price and cut the cache-read rate to $0.25 per 1M tokens.

Claude Fable 5.1 prices

Input
$10.00
per 1M tokens
Output
$50.00
per 1M tokens
Cached input
$0.25
98% off input
Batch
50% off
for jobs that can wait
Context window
1M
128K max output
Verified 27 Sep 2026Anthropic pricing Same price as Claude Fable 5

What it costs in practice

Claude Fable 5.1 at list prices, no batch discount.

What Claude Fable 5.1 costs for three workloads
1,000 chat replies1,500 tokens in and 300 out each$30.00
Summarising 100 long reports20,000 tokens in and 800 out each$24.00
A month of a coding agent400 tasks, 85% of input cached$1,684

The coding-agent example assumes 85% of input is served from cache, typical for agents that resend the same context each step. Model your own workload

Details

API model IDclaude-fable-5-1
Released1 Sep 2026
Arena text score1501 (25 Sep)
Intelligence Index53 (Artificial Analysis, 27 Sep)
StatusCurrent
  • Thinking is always on; depth is set with the effort parameter.
  • Claude Mythos 5.1 has the same price but is invitation-only (Project Glasswing).

Checked 27 Sep 2026 against Anthropic pricing and Anthropic announcement .

Other Claude Fable versions

Fable 5 was suspended from 12 June to 1 July 2026 after a US export-control directive, then restored. The invitation-only Claude Mythos 5.1 shares Fable 5.1's price.

Other Claude Fable models and prices per million tokens
Model Input / 1M Output / 1M Cached input Context Released
$10.00 $50.00 $1.00 1M 9 Jun 2026

Claude Fable 5 details

Claude Fable 5

Previous

$10.00 / $50.00 per 1M tokenscached $1.00 · batch 50% off · 1M context · 128K max output

Released 9 Jun 2026 · claude-fable-5

  • Suspended from 12 June to 1 July 2026 after a US export-control directive. It returned with a classifier that routes blocked requests to Opus 4.8.

Newer option: Claude Fable 5.1 at $10.00 / $50.00. Checked 27 Sep 2026 against Anthropic pricing and Anthropic: redeploying Fable 5 .

Compare Claude Fable 5.1

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Price history

All changes
  • Anthropic
    Claude Fable 5.1 replaced Fable 5 at the same $10 / $50, with cache reads cut to $0.25. Source
  • Anthropic
    Claude Fable 5 returned to the API after the US Commerce Department lifted export controls on 30 June. Source
  • Anthropic
    Anthropic suspended Claude Fable 5 and Mythos 5 for all customers after a US export-control directive. Source
  • Anthropic
    Anthropic launched Claude Fable 5, a new tier above Opus, at $10 / $50. Source

Anthropic pricing rules

  • Batch requests cost 50% less.
  • Cache reads are billed at a per-model rate, usually a tenth of the input price or less. Cache writes cost 1.25× input for the 5-minute cache and 2× for the 1-hour cache.
  • The full 1M-token context window is billed at standard rates on current models.

All Anthropic models

Questions

How much does Claude Fable 5.1 cost?

As of 27 Sep 2026, Claude Fable 5.1 costs $10 per million input tokens and $50 per million output tokens, and $0.25 per million cached input tokens. Batch requests cost 50% less. Prices checked 27 Sep 2026.

What is Claude Fable 5.1's context window?

1M tokens, with up to 128K tokens of output.

Does Claude Fable 5.1 support prompt caching?

Yes. Repeated input read from the cache costs $0.25 per million tokens, 98% less than normal input.