Claude Fable 5.1 — API Pricing & Benchmarks

Claude Fable 5.1 is Anthropic's flagship reasoning model, released in 2026-09. The API costs $10.0 per 1M input tokens and $50.0 per 1M output tokens ($20.0 blended at a 3:1 ratio), with cached input at $0.25. It supports a 1M-token context window. On the independently measured Artificial Analysis Intelligence Index it scores 65.7, ranking #1 of 68 models tracked on this site, with a median output speed of 71 tokens/sec.

Explore provider routes and additional benchmark sources for Claude Fable 5.1

ProviderAnthropic
Input price / 1M tokens$10.0
Output price / 1M tokens$50.0
Cached input / 1M tokens$0.25
Blended price (3:1)$20.0
Context window1M
Max output tokens128K
Knowledge cutoff2026-06
Licenseproprietary
Input modalitiesT+I
Output speed (tok/s)71
Released2026-09
Artificial Analysis Intelligence Index65.7
GPQA Diamond93.7%
Humanity's Last Exam59.1%

Where Claude Fable 5.1 fits

On a blended 3:1 basis Claude Fable 5.1 costs $20.0 per 1M tokens, cheaper than 3% of the 80 priced models in this index. As Anthropic's flagship it is aimed at the hardest workloads — complex reasoning, agentic coding and multi-step tool use — where output quality dominates cost. Measured output speed of 71 tokens/sec is below the index median of 104 — typical of reasoning-heavy models, and worth checking against interactive latency budgets. Cached input is priced at $0.25 (98% below standard input), which rewards prompt structures with long stable prefixes — see our caching guide.

Price history

PeriodInput $/1MOutput $/1MCached $/1M
2026-09-01 → current$10.0$50.0$0.25

No list-price changes recorded since tracking began. Full dataset: price-history.json (CC BY 4.0).

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About Anthropic

Anthropic builds the Claude family, organized into Opus (flagship), Sonnet (mid-tier) and Haiku (small) tiers alongside the Fable line. Claude models currently lead the Artificial Analysis Intelligence Index and are particularly strong on agentic-coding benchmarks such as SWE-bench Verified.

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