Pricing comparison

Claude Fable 5 vs Claude Opus 4.8

Per-token pricing, full-workload cost ladders, and monthly volume projections. Numbers sourced directly from each provider's rate card.

Anthropic

Claude Fable 5

Input
$10.00 / 1M
Output
$50.00 / 1M
Cached input
$1.000 / 1M
Context
1M
Max output
128K

Anthropic

Claude Opus 4.8

Input
$5.00 / 1M
Output
$25.00 / 1M
Cached input
-
Context
1M
Max output
128K

Cost per request

Four common workload shapes, input tokens and a 1:2 output ratio (a standard chat/completion pattern). Long-context surcharges apply automatically where the provider charges them.

ScenarioTokens (in / out)Claude Fable 5Claude Opus 4.8Winner
Short prompt100 / 200$0.0110$0.0055Claude Opus 4.8
Typical request1,000 / 2,000$0.1100$0.0550Claude Opus 4.8
Long document10,000 / 5,000$0.3500$0.1750Claude Opus 4.8
Large prompt100,000 / 10,000$1.5000$0.7500Claude Opus 4.8

Monthly bill at scale

Projected monthly cost at typical request volume, assuming the "typical request" shape above (1k in, 2k out).

TrafficReq / monthClaude Fable 5Claude Opus 4.8Delta
Small SaaS1,000$110.00$55.00Claude Opus 4.8 -$55.00
Growing product10,000$1,100$550.00Claude Opus 4.8 -$550.00
Heavy usage100,000$11,000$5,500Claude Opus 4.8 -$5,500

Which should you use?

For the typical chat-shape request (~1k input, 2k output), Claude Opus 4.8 comes out 100% cheaper. If you're picking one as the default, that's usually the right choice on cost alone.

Claude Opus 4.8 wins on both sides of the bill - cheaper input and cheaper output. If the quality gap is in your favour, there's no cost argument for the other side.

Live cost calculator

Type in any token counts - both prices update instantly. Uses base input/output rates (no cache discount, no long-context tier).

Claude Fable 5

$0.0350

per request

Claude Opus 4.8

$0.0175

per request

Claude Opus 4.8 is $0.0175 cheaper per request (50.0% less).

Try both in the estimator →

Drop your actual prompt in, tokens are counted with the provider's own tokenizer, and the dollar number matches what lands on your invoice.

Frequently asked

Which is cheaper, Claude Fable 5 or Claude Opus 4.8?
On a typical 1,000-input / 2,000-output request, Claude Opus 4.8 costs ~$0.0550 vs ~$0.1100 on Claude Fable 5. Input or output rates can flip the answer for very lopsided workloads - see the cost ladder above.
What's the difference in per-token pricing?
Claude Fable 5 charges $10.00 per 1M input tokens and $50.00 per 1M output tokens. Claude Opus 4.8 charges $5.00 / $25.00 per 1M.
Which has the bigger context window?
Both hold 1M of input.
Is there a cached-input discount on either?
Claude Fable 5 caches at $1.000 per 1M (90% off). Claude Opus 4.8 does not publish a cached-input rate. Workloads with repeated static prefixes see the biggest savings.
How fresh is this comparison?
Claude Fable 5 was re-verified on 2026-07-01 and Claude Opus 4.8 on 2026-07-01 against each provider's published rate card. Calcis re-checks every row on a rolling schedule and re-deploys when a provider changes pricing.

Claude Fable 5 verified 2026-07-01 · Claude Opus 4.8 verified 2026-07-01. Rate cards at Anthropic and Anthropic.