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Claude Fable 5 vs Claude Opus 5Side-by-side pricing

Side-by-side API pricing and tokenizer details for Claude Fable 5 (Anthropic) and Claude Opus 5 (Anthropic).

Side-by-side pricing

FeatureClaude Fable 5Claude Opus 5
ProviderAnthropicAnthropic
Input (per 1M tokens)$10.00$5.00
Output (per 1M tokens)$50.00$25.00
Context cachingYes — 90% off cached tokensYes — 90% off cached tokens
Batch API discount50% off50% off
Context window1M tokens1M tokens
TokenizerAnthropic tokenizer (Opus 4.7+)Anthropic tokenizer (Opus 4.7+)

Real-world cost example

1,000 API requests per month, each with 500 input tokens and 200 output tokens (500K input + 200K output total).

Claude Fable 5
$15.0000
Input: $5.0000 +Output: $10.0000
Claude Opus 5
$7.5000
Input: $2.5000 +Output: $5.0000

Claude Opus 5 is 50% cheaper for this workload — saving $7.5000 per month at this volume.

Frequently asked questions

No, Claude Opus 5 is cheaper for the typical workload above. At $5.00/1M input and $25.00/1M output tokens, it costs $7.5000 versus $15.0000 for Claude Fable 5 — a 50% difference.
Claude Fable 5 supports a 1M token context window. Claude Opus 5 supports a 1M token context window. A larger context window lets you include more text — documents, conversation history, or code — in a single API call.
Claude Fable 5 supports context caching (90% off repeated tokens). It offers a 50% Batch API discount. Claude Opus 5 supports context caching (90% off repeated tokens). It offers a 50% Batch API discount.
Yes, both Claude Fable 5 and Claude Opus 5 use the Anthropic tokenizer (Opus 4.7+). The same text produces identical token counts on both models, so any cost difference is purely due to the rate each provider charges per token.
Claude Fable 5 (Anthropic): $10 input / $50 output per 1M tokens. Claude Opus 5 (Anthropic): $5 input / $25 output per 1M tokens. Rates shown before caching or batch discounts.
For an 80% output / 20% input workload — typical for code generation or long-form writing — Claude Fable 5 costs $42.0000 per 1M total tokens and Claude Opus 5 costs $21.0000. Claude Opus 5 is 50% cheaper for this pattern. For your exact ratio, paste a real prompt into the calculator above.
Claude Fable 5 has a 1M-token context window — approximately 750K words or ~3K pages of standard text. Claude Opus 5 has a 1M-token context window — approximately 750K words or ~3K pages. (Estimates assume ~0.75 words per token.)

Calculate costs for your actual prompt

Paste your prompt into the calculator and get exact token counts using each model's real tokenizer — all in your browser.

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Data provenance: Prices sourced directly from provider pricing pages.

Claude Fable 5 prices last verified from Anthropic pricing page.

Claude Opus 5 prices last verified from Anthropic pricing page.

Prices may change. Always verify against the provider's current pricing page before making purchasing decisions.