Pricing comparison

Claude Fable 5 vs o3

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

OpenAI

o3

Input
$2.00 / 1M
Output
$8.00 / 1M
Cached input
$0.500 / 1M
Context
200K
Max output
100K

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 5o3Winner
Short prompt100 / 200$0.0110$0.0018o3
Typical request1,000 / 2,000$0.1100$0.0180o3
Long document10,000 / 5,000$0.3500$0.0600o3
Large prompt100,000 / 10,000$1.5000$0.2800o3

Monthly bill at scale

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

TrafficReq / monthClaude Fable 5o3Delta
Small SaaS1,000$110.00$18.00o3 -$92.00
Growing product10,000$1,100$180.00o3 -$920.00
Heavy usage100,000$11,000$1,800o3 -$9,200

Which should you use?

For the typical chat-shape request (~1k input, 2k output), o3 comes out 511% cheaper. If you're picking one as the default, that's usually the right choice on cost alone.

o3 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.

Context window differs: Claude Fable 5 holds 1M of input vs 200K on the other side. If you regularly push past the smaller ceiling, the comparison ends there.

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

o3

$0.0060

per request

o3 is $0.0290 cheaper per request (82.9% 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 o3?
On a typical 1,000-input / 2,000-output request, o3 costs ~$0.0180 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. o3 charges $2.00 / $8.00 per 1M.
Which has the bigger context window?
Claude Fable 5 is larger (1M) vs 200K on the other.
Is there a cached-input discount on either?
Claude Fable 5 caches at $1.000 per 1M (90% off). o3 caches at $0.500 per 1M (75% off). 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 o3 on 2026-04-06 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 · o3 verified 2026-04-06. Rate cards at Anthropic and OpenAI.