Anthropic

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.

Input / 1M
$8.00
Output / 1M
$40.00
Effective / 1M I/O
$73.69
Cost Rank
#157

Price List

RatePrice (USD)Notes
Input$8.00per 1M tokens
Output$40.00per 1M tokens
Cache write$10.00per 1M tokens
Cache write (1-hour)$16.00per 1M tokens
Blended input + output$48.001M in + 1M out at list price
Context window1M 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.

WorkloadCostTokens
Short chat turn$0.0281K in / 500 out
Summarize a long document$0.880100K in / 2K out
Agentic coding session$8.00500K in / 100K out
1M input + 1M output tokens$48.001M 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.

ModelProviderIQEffective Cost / 1M
gpt-6.1-solOpenAI141$6.34

Compare