Fable 5.2 API Pricing
Fable 5.2 has tracked API rates of $8.00 per 1M input tokens and $40.00 per 1M output tokens. Rates are in USD from the AI IQ dataset; see the Fable 5.2 model profile for capability scores.
Price List
| Rate | Price (USD) | Notes |
|---|---|---|
| Input | $8.00 | per 1M tokens |
| Output | $40.00 | per 1M tokens |
| Cache write | $10.00 | per 1M tokens |
| Cache write (1-hour) | $16.00 | per 1M tokens |
| Blended input + output | $48.00 | 1M in + 1M out at list price |
| Context window | 1M tokens |
Pricing References and Billing Caveats
These are the tracked rates, not a live quote. Hosted-provider choice, region, long-context tiers, caching, batch discounts, and temporary promotions can change the actual bill. Open-weight availability does not mean hosted inference is free. Workload examples assume the listed standard input and output rates, with no cache hits or discounts.
Anthropic pricing catalog — check current offerings and rate tiers. This catalog may not list historical models or third-party hosted endpoints.
Publisher-reported pricing notes
- Anthropic reports faster output than Fable 5.1 and offers a separately priced optional fast mode.
Official release and model references
These references document the model and its release; not every reference is a pricing table. Confirm the applicable endpoint and billing tier with your inference provider before purchase.
What a Workload Costs
Computed straight from the list prices above — token counts are illustrative workload sizes, not measurements of Fable 5.2.
| Workload | Cost | Tokens |
|---|---|---|
| Short chat turn | $0.028 | 1K in / 500 out |
| Summarize a long document | $0.880 | 100K in / 2K out |
| Agentic coding session | $8.00 | 500K in / 100K out |
| 1M input + 1M output tokens | $48.00 | 1M in / 1M out |
Effective Cost
In AI IQ's scoring, Fable 5.2's list price is adjusted by a token-usage multiplier of 1.535, giving an effective cost of $73.69 per 1M input + output tokens. That places it #157 of 160 models on the effective-cost ranking (lower is cheaper). Some models spend far more tokens than others on the same task, so effective cost compares what a unit of work really costs. Method details are on the methodology page; see all models on the cost charts and the falling cost of intelligence over time.
Cheaper Alternatives at Similar Capability
Models with a lower effective cost that score within a few IQ points of Fable 5.2 (IQ 144), or better.
| Model | Provider | IQ | Effective Cost / 1M |
|---|---|---|---|
| gpt-6.1-sol | OpenAI | 141 | $6.34 |