Claude Fable 5.2 vs Claude Fable 5.1
There is no quality verdict yet: the AIGROW small-business benchmark has not run Claude Fable 5.2. On price, Claude Fable 5.2 costs less: $8 in and $40 out per million tokens, against $10 in and $50 out for Claude Fable 5.1.
Run both up to 60% below list price. $25 a month brings $110 of API credit and cancels any time; $25 once buys $100. US dollars, standard rate, shortest context band. Price only: the benchmark has not run both.
- Claude Fable 5.2
- $40.00
- Claude Fable 5.1
- $50.00
- Claude Fable 5.2, per M tokens
- $8 / $40
- Claude Fable 5.1, per M tokens
- $10 / $50
3,000 tokens in and 400 out each, at list price.
Anthropic's new Fable against the one it replaces, at a fifth less per token: $8 / $40 against $10 / $50. 1,000 support replies cost $50.00 on Claude Fable 5.1 and $40.00 on Claude Fable 5.2, so Claude Fable 5.1 costs 25% more.
What each one costs
The API price per million tokens and the cheapest app plan with each model, from the makers’ own pages. Each name opens that model’s full price page.
- Claude Fable 5.2
- On the Anthropic API, Claude Fable 5.2 costs $8 per million input tokens and $40 per million output tokens. AIGROW API credit runs Claude Fable 5.2 at $3.20 / $16.00 per million input / output tokens, up to 60% below list price. See API credit
- Claude Fable 5.1
- On the Anthropic API, Claude Fable 5.1 costs $10 per million input tokens and $50 per million output tokens. In Claude, the cheapest plan with it is Max 5x at $100/mo. Plan prices read 22 October 2026. AIGROW API credit runs Claude Fable 5.1 at $4.00 / $20.00 per million input / output tokens, up to 60% below list price. See API credit
$25 a month brings $110 of API credit and cancels any time; $25 once buys $100.
Side by side
Each maker’s published rate for its standard tier. Cached input is what a repeated prompt prefix costs once the provider has stored it.
| Fact | Claude Fable 5.2 | Claude Fable 5.1 |
|---|---|---|
| Maker | Anthropic | Anthropic |
| Tier | Flagships | Flagships |
| Input, per M tokens | $8.00 | $10.00 |
| Output, per M tokens | $40.00 | $50.00 |
| Cached input | $0.20 | $0.25 |
| Context window | 1M | 1M |
| Released | 9 Nov 2026 | 1 Sep 2026 |
| Weights | Closed weights | Closed weights |
What a job costs on each
1,000 runs of each job at the two list prices. The gap moves from job to job because the models price input, output and cached context differently.
| Job | Claude Fable 5.2 | Claude Fable 5.1 | Cheaper |
|---|---|---|---|
| Support reply3,000 in, 400 out. | $40.00 | $50.00 | Claude Fable 5.2, 20% less |
| Document summary25,000 in, 1,000 out. | $240 | $300 | Claude Fable 5.2, 20% less |
| Agent task80,000 in (70,000 cached), 3,000 out. | $214 | $268 | Claude Fable 5.2, 20% less |
The token counts are ours, chosen to look like real work; the prices are the makers’. A model with no published cache price bills the agent task’s repeated context at its full input rate.
The small print
What each base rate leaves out, from the makers’ own pages: surcharges, discounts, promotions and cache pricing.
- Claude Fable 5.2
- Cache read is 0.025x input on this model ($0.20). Cache write $10 (5 min) or $16 (1 h). Fast mode $16 / $80. Batch API 50% off. US-only inference bills 1.1x. Full context window billed at standard rates. Max output 128K. Anthropic’s pricing page
- Claude Fable 5.1
- Legacy model, still available; the current Fable is Claude Fable 5.2, and Anthropic lists no retirement before 1 September 2027. Cache read is 0.025x input on this model ($0.25). Cache write $12.50 (5 min) or $20 (1 h). Batch API 50% off. US-only inference bills 1.1x. Full context window billed at standard rates. Anthropic’s pricing page
Other comparisons
Every head to head on the list that involves Claude Fable 5.2 or Claude Fable 5.1.
Run both up to 60% below list price
AIGROW API credit covers Claude Fable 5.2 and Claude Fable 5.1 at published rates never above the list prices here, and $25 buys $100 of credit.
Prices checked 12 November 2026