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API price comparison · Updated

Claude Fable 5.1 vs Claude Opus 5.5 pricing

Quick answer

Claude Fable 5.1 costs $10.00 per million input tokens and $50.00 per million output tokens; Claude Opus 5.5 costs $4.00 and $20.00. For an agent task (80,000 input tokens, 60,000 of them cached, and 6,000 output), Claude Fable 5.1 costs $0.515 and Claude Opus 5.5 $0.212: Claude Fable 5.1 costs 2.4× as much.

Compare your monthly cost on Claude Fable 5.1 and Claude Opus 5.5

Estimated monthly cost
Claude Fable 5.1$5,500$0.055 per request
Claude Opus 5.5$2,200$0.022 per request

Claude Opus 5.5 costs 60% less for this workload. Excludes cache writes, tools and taxes.

Claude Fable 5.1 vs Claude Opus 5.5 prices per million tokens

PriceClaude Fable 5.1Claude Opus 5.5
Model IDclaude-fable-5-1claude-opus-5-5
Input$10.00$4.00
Cache read$0.25$0.20
Cache write$12.50$5.00
Output$50.00$20.00
Batch in / out$5.00 / $25.00$2.00 / $10.00
Long promptsSame rateSame rate
Scheduled changeNone announcedNone announced
StatusAvailableAvailable

Prices for each provider’s own API, from Anthropic’s pricing page. The lower price in each row is highlighted. Ganivra uses these same rates to price Claude Fable 5.1 and Claude Opus 5.5 calls.

What one request costs on Claude Fable 5.1 and Claude Opus 5.5

Worked out from the prices above at standard rates, with no Batch discount. Long-prompt rates apply where a model has them.

RequestClaude Fable 5.1Claude Opus 5.5Per 1,000 requestsDifference
Chat reply3,000 input tokens, 500 output$0.055$0.022$55.00 / $22.00Claude Fable 5.1 costs 2.5× as much
Document summary30,000 input tokens, 1,500 output$0.375$0.150$375 / $150Claude Fable 5.1 costs 2.5× as much
Agent task80,000 input tokens (60,000 cached), 6,000 output$0.515$0.212$515 / $212Claude Fable 5.1 costs 2.4× as much
Long document300,000 input tokens, 2,000 output$3.10$1.24$3,100 / $1,240Claude Fable 5.1 costs 2.5× as much

What changes which one costs less

Prompt caching
Cache reads cost $0.25 per million, 2.5% of the input price on Claude Fable 5.1, and $0.20 per million, 5% of the input price on Claude Opus 5.5. The more of each prompt you reuse, the more this decides the bill.
Cache writes
Claude Fable 5.1 charges $12.50 per million tokens written to cache. Claude Opus 5.5 charges $5.00 per million tokens written to cache.
Long prompts
On Claude Fable 5.1, one rate at any prompt length. On Claude Opus 5.5, one rate at any prompt length. A 300 prompt costs $3.10 on Claude Fable 5.1 and $1.24 on Claude Opus 5.5.
Batch API
Claude Fable 5.1 costs 50% less through the Batch API: $5.00 input and $25.00 output. Claude Opus 5.5 costs 50% less through the Batch API: $2.00 input and $10.00 output.
Quality and retries
Price is half the decision. A cheaper model that needs more retries, longer prompts or a human fix can cost more per finished task.

Compare them on your own customers, not a sample request.

Ganivra prices every Claude Fable 5.1 and Claude Opus 5.5 call you make and adds it up by customer, feature and workflow, next to what each customer pays. Switch a workflow and see what it did to each customer’s margin.

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Claude Fable 5.1 vs Claude Opus 5.5 pricing questions

Is Claude Fable 5.1 cheaper than Claude Opus 5.5?

Per million tokens, Claude Fable 5.1 costs $10.00 input and $50.00 output, and Claude Opus 5.5 $4.00 input and $20.00 output. For an agent task (80,000 input tokens, 60,000 of them cached, and 6,000 output), Claude Fable 5.1 costs 2.4× as much: $515 against $212 per 1,000 tasks.

How much does Claude Fable 5.1 cost per million tokens?

$10.00 input and $50.00 output per million tokens on Anthropic's API, with cached input at $0.25 and Batch at $5.00 input and $25.00 output. The rate is the same at any prompt length.

How much does Claude Opus 5.5 cost per million tokens?

$4.00 input and $20.00 output per million tokens on Anthropic's API, with cached input at $0.20 and Batch at $2.00 input and $10.00 output. The rate is the same at any prompt length.

Which is cheaper for long prompts, Claude Fable 5.1 or Claude Opus 5.5?

For a 300,000 input tokens, 2,000 output request, Claude Fable 5.1 costs $3.10 and Claude Opus 5.5 $1.24: Claude Fable 5.1 costs 2.5× as much. On Claude Fable 5.1, one rate at any prompt length; on Claude Opus 5.5, one rate at any prompt length.

How do I compare Claude Fable 5.1 and Claude Opus 5.5 on my own traffic?

Record what each call actually used, then price the same usage on both models. Ganivra does this from your recorded calls: it shows what each customer, feature and workflow would cost on Claude Fable 5.1 and on Claude Opus 5.5, next to what each customer pays you.

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