Claude Fable 5 pricing: real cost per million tokens

What Anthropic's Claude Fable 5 really costs across 4 plans from 2 providers: monthly fees, usable allowances and real per-token prices, against the official API list price and independent leaderboards.

Data updated · How real prices are computed

As of 2026-10-08, the cheapest way to use Claude Fable 5 is Claude Max 5x (9/14+) at a real cost of about $0.1083 per million tokens ($100/month for roughly 0.924B tokens a month). We track 4 plans and API channels that serve Claude Fable 5. Official API list price per million tokens: $1 cached input, $10 input, $50 output — about $1.47 per million tokens on a standard workload mix.

Lowest real price
$0.1083/MTokClaude Max 5x (9/14+)
API list price
$1.47/MTokstandard workload mix
Most monthly tokens
1.208BClaude Max 20x (9/14+)
Plans & APIs
43 subscriptions · 1 metered API
Maker
Anthropic
Model ID
claude-fable-5
Providers
Anthropic, Factory
Leaderboards
Artificial Analysis Intelligence Index v4.3, Terminal-Bench 4.0, Terminal-Bench 4.0 (AA), Code Arena | WebDev Overall, Agent Arena · Overall (Ranking / Pareto), DeepSWE v1.1

Plot Claude Fable 5 on the price–capability chart →

Claude Fable 5 plans and real prices

Real price = monthly fee ÷ tokens you can actually use in a month. “vs API” shows how many times cheaper than the official API list price (standard workload mix) the plan is. “Evidence” opens the full calculation and sources for that row.

Every tracked way to use Claude Fable 5, cheapest first
PlanProviderBillingMonthly feeMonthly tokensReal $/MTokvs APIConfidenceData date
Claude Max 5x (9/14+)AnthropicSubscription$100/mo0.924B$0.108313.6×LowEvidence ↓
Claude Max 20x (9/14+)AnthropicSubscription$200/mo1.208B$0.16568.9×LowEvidence ↓
Droid MaxFactorySubscription$200/mo1.01B$0.19797.4×MediumEvidence ↓
Claude Fable 5 APIAnthropicMetered API——$1.533—HighEvidence ↓

Behind each number

For every plan: the data date, the exact calculation, the quota basis, how leaderboard scores were mapped, and the original adoption evidence with its sources.

Claude Max 5x (9/14+)Anthropic$0.108284/MTok
Data date
2026-08 · derived; uses the data date of Claude Max 20x (9/14+) · claude-opus-5
Real price / MTok
$0.108284
Monthly tokens
923,500,000 (0.924B)
Quota confidence
Low
Calculation
$100 / month ÷ 923,500,000 tokens × 1,000,000 ≈ $0.108284 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $1 / $10 / $50 · standard-load blended ≈ $1.47/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0: Low (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)
DeepSWE v1.1: Low (5 configurations)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

Derived from same-plan claude-opus-5 7.85B × 0.11764705882352941

Kept 923.5M: the x5 tier's only measured weight 4.25× (Reddit 1vx0k69 — the post self-labels its typed meter as soft); note this conflicts with the confirmed 2× pool ratio — if 20x = 1.2077B holds, 5x by pool ratio should be ≈604M, but that requires an unmeasured uniform-weight assumption, and the ruled to follow the measured data; claude-adoption-round7-2026-09-14.json

Claude Max 20x (9/14+)Anthropic$0.165604/MTok
Data date
2026-08 · derived; uses the data date of Claude Max 20x (9/14+) · claude-opus-5
Real price / MTok
$0.165604
Monthly tokens
1,207,700,000 (1.208B)
Quota confidence
Low
Calculation
$200 / month ÷ 1,207,700,000 tokens × 1,000,000 ≈ $0.165604 / MTok
Quota basis

Not workload-normalized: sample lacks a token breakdown (or is an official absolute token table); raw tokens used as-is

Official API list (cached / in / out, per MTok): $1 / $10 / $50 · standard-load blended ≈ $1.47/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0: Low (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)
DeepSWE v1.1: Low (5 configurations)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

Derived from same-plan claude-opus-5 15.7B × 0.07692307692307693

Old 615.2M→1.2077B; 157×0.5/6.5, the multiplier no longer pre-rounded; in-subscription 6.5× weight capped at 50% of the weekly quota, derived on the 9/14 permanent basis; claude-adoption-round6-2026-09-06.json

Droid MaxFactory$0.197941/MTok
Data date
2026-09-29 · derived; uses the data date of Droid Max · claude-opus-5.5
Real price / MTok
$0.197941
Monthly tokens
1,010,400,000 (1.01B)
Quota confidence
Medium
Calculation
$200 / month ÷ 1,010,400,000 tokens × 1,000,000 ≈ $0.197941 / MTok
Quota basis

Anthropic workload: 97% cache reads / 2.5% cache writes / 0.5% output

Official API list (cached / in / out, per MTok): $1 / $10 / $50 · standard-load blended ≈ $1.47/MTok

Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0: Low (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)
DeepSWE v1.1: Low (5 configurations)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

Derived from same-plan claude-opus-5.5 2.526B × 0.4

Factory official multipliers Opus 5.5 1.6× / claude-fable-5 4×: the same Standard Usage pool scaled by multiplier — not a measurement of this model; inherits the Opus 5.5 row's Anthropic-tier workload, not recomputed for each model's own price gap; docs.factory.ai/docs/models; droid-model-multipliers-2026-09-29.json

Claude Fable 5 APIAnthropic$1.5325/MTok
Data date
2026-09-05 · official source date
Real price / MTok
$1.5325
Quota confidence
High
Calculation
Metered API · public token prices weighted by the Anthropic workload (input share at the 5-minute cache-write rate).
Benchmark mapping
Artificial Analysis Intelligence Index v4.3: Medium (1 configuration)
Terminal-Bench 4.0: Low (1 configuration)
Terminal-Bench 4.0 (AA): Low (1 configuration)
Code Arena | WebDev Overall: Low (1 configuration)
Agent Arena · Overall (Ranking / Pareto): Low (1 configuration)
DeepSWE v1.1: Low (5 configurations)Mapping confidence: how directly each score refers to the model served here.

Adoption evidence · source and rationale (translated from the Chinese record)

platform.claude.com/docs/en/about-claude/pricing

List price cached 1.0/in 10.0/out 50.0, cache write (5m) $12.5 × Anthropic unified workload 97.0%/2.50%/0.50% (the regular-input share is billed at the 5-minute cache-write price)

Claude Fable 5 benchmark scores

Highest archived configuration per leaderboard; ranks are among all models each board archives in this dataset. Scores are never mixed across boards.

Claude Fable 5 on independent leaderboards
LeaderboardMetricScoreRankConfigurationEffortHarnessConfigsSnapshot
Artificial Analysis Intelligence Index v4.3Intelligence Index49.63#7 / 60Claude Fable 5 (with fallback)——12026-10-01
Terminal-Bench 4.0Resolution Rate %44.55#5 / 18Claude Code - Fable 5 (max)MaxClaude Code12026-09-21
Terminal-Bench 4.0 (AA)Resolution Rate %42.42#8 / 53Artificial Analysis - Claude Fable 5 (with fallback)—Artificial Analysis12026-10-01
Code Arena | WebDev OverallArena Score1,626#14 / 54claude-fable-5-highHigh—12026-09-30
Agent Arena · Overall (Ranking / Pareto)Net Improvement %8.37#6 / 39Claude Fable 5 (High)High—12026-09-30
DeepSWE v1.1Pass@1 %69.91#8 / 33mini-swe-agent - claude-fable-5 (xhigh)xhighmini-swe-agent52026-09-03

Every archived configuration

Artificial Analysis Intelligence Index v4.3 1 configuration
Artificial Analysis Intelligence Index v4.3: every archived configuration (Intelligence Index)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
Claude Fable 5 (with fallback)49.6258—— / — / —— / —2026-10-01Source · Archive
Terminal-Bench 4.0 1 configuration
Terminal-Bench 4.0: every archived configuration (Resolution Rate %)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
Claude Code - Fable 5 (max)Official Terminal-Bench 4.0 leaderboard row; score belongs to this harness × model × effort configuration.44.5540.7 – 48.4Claude Code / Max / —— / —2026-10-01Source · Archive
Terminal-Bench 4.0 (AA) 1 configuration
Terminal-Bench 4.0 (AA): every archived configuration (Resolution Rate %)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
Artificial Analysis - Claude Fable 5 (with fallback)AA's own-harness independent measurement of Terminal-Bench 4.0 (the terminalBench40 field in the models-board payload, fraction×100); scored separately from the official tbench.ai board.42.4242—Artificial Analysis / — / —— / —2026-10-01Source · Archive
Code Arena | WebDev Overall 1 configuration
Code Arena | WebDev Overall: every archived configuration (Arena Score)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
claude-fable-5-high1,6261,619.6 – 1,632.4— / High / —— / —2026-10-01Source · Archive
Agent Arena · Overall (Ranking / Pareto) 1 configuration
Agent Arena · Overall (Ranking / Pareto): every archived configuration (Net Improvement %)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
Claude Fable 5 (High)8.377.07 – 9.67— / High / —— / $2.022026-10-01Source · Archive
DeepSWE v1.1 5 configurations
DeepSWE v1.1: every archived configuration (Pass@1 %)
ConfigurationScoreScore intervalHarness / effort / modeSource task cost (mean / median)CheckedLinks
mini-swe-agent - claude-fable-5 (xhigh)69.911566.667 – 73.156mini-swe-agent / xhigh / —$13.41 / $11.342026-09-12Source · Archive
mini-swe-agent - claude-fable-5 (max)69.724865.691 – 73.758mini-swe-agent / Max / —$21.63 / $19.232026-09-12Source · Archive
mini-swe-agent - claude-fable-5 (high)68.604767.484 – 69.725mini-swe-agent / High / —$9.178 / $7.3232026-09-12Source · Archive
mini-swe-agent - claude-fable-5 (medium)65.36760.945 – 69.789mini-swe-agent / Medium / —$6.088 / $4.6222026-09-12Source · Archive
mini-swe-agent - claude-fable-5 (low)59.584356.79 – 62.378mini-swe-agent / Low / —$3.758 / $2.7562026-09-12Source · Archive

These are reference mappings, not benchmarks of a subscription or API channel. Harness and quota-measurement effort alignment are unverified. Source task costs are not subscription task costs.

Claude Fable 5 official API pricing

List price per million tokens
Cached inputInputOutput
$1$10$50

Frequently asked questions

How much does Claude Fable 5 really cost per million tokens?

Measured as monthly fee ÷ tokens you can actually use, Claude Fable 5 ranges from $0.1083 (Claude Max 5x (9/14+)) to $1.533 (Claude Fable 5 API) per million tokens.

Which subscription gives the most Claude Fable 5 usage?

Claude Max 20x (9/14+) allows roughly 1.208B tokens of Claude Fable 5 per month for $200.

What is the official API price of Claude Fable 5?

Official API list price per million tokens: $1 cached input, $10 input, $50 output — about $1.47 per million tokens on a standard workload mix.

How does Claude Fable 5 score on independent leaderboards?

Claude Fable 5 has scores on 6 leaderboards; its strongest placement is 49.63 (Intelligence Index) on Artificial Analysis Intelligence Index v4.3, #7 of 60 models tracked.

Who makes Claude Fable 5, and where can I use it?

Claude Fable 5 (model ID claude-fable-5) is made by Anthropic and is available through Anthropic, Factory.

More Anthropic models