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Claude · Flagship · 1,000K context window

Claude Fable 5 pricing for invoice parsing

$0.0500 per call at 2,000 input / 600 output tokens.

Per call

$0.0500

10K calls/mo

$500

Cache savings

90% off input

Batch savings

50% off all

Calculate your Claude Fable 5 costs

Adjust token counts, volume, and discount toggles to model your invoice parsing spend. Pricing updated weekly.

Configure your usage

2,000
100100K
600
5050K
10,000
1001M

Estimated cost

Monthly cost
$500
10,000 calls/month
Cost per call$0.05
Daily cost$17
Input rate$10.00/MTok
Output rate$50.00/MTok
Analyze your real spend

Quick start

Call Claude Fable 5 with the Anthropic Python SDK:

from anthropic import Anthropic

client = Anthropic()
response = client.messages.create(
    model="claude-fable-5",
    max_tokens=600,
    messages=[{"role": "user", "content": "Your prompt here"}]
)
# Cost: ~$0.0500 per call at standard rates
# Input:  $10.00/MTok
# Output: $50.00/MTok

How Claude Fable 5 compares on cost

Per-call cost for all models scoring 50+ on invoice parsing benchmarks. Hover for details.

Gemini 3.5 Flash-Lite$0.001400Gemini 3 Flash$0.002800Claude Haiku 4.5$0.005000GPT 5.6 Luna$0.005600Gemini 3.5 Flash$0.008400Claude Sonnet 5$0.010000Gemini 3.1 Pro$0.0112GPT 5.4$0.0140GPT 5.6 Terra$0.0140Claude Sonnet 4.6$0.0150Claude Opus 4.8$0.0250GPT 5.5$0.0280GPT 5.6 Sol$0.0280Claude Fable 5$0.0500

Cheapest viable option: Gemini 3.5 Flash-Lite at $0.001400/call (97% less, 83/100 quality).

Complete Claude Fable 5 pricing breakdown

Standard token rates

Direction$/MTokTokens per call
Input$10.002,000
Output$50.00600

Prompt caching: 90% off input tokens

Caching drops input cost from $10.00 to $1.00/MTok. For repeated system prompts, that saves $0.0180 per call.

Batch API: 50% off all tokens

Submit requests asynchronously and receive 50% off all token costs. This works best for offline pipelines where latency requirements are flexible.

Monthly cost projections

Monthly volumeCost per callStandard monthlyCached monthlyYou save with caching
10,000 calls$0.0500$500$320$180
50,000 calls$0.0500$2,500$1,600$900
100,000 calls$0.0500$5,000$3,200$1,800
500,000 calls$0.0500$25,000$16,000$9,000
1,000,000 calls$0.0500$50,000$32,000$18,000

Claude Fable 5 quality benchmarks for invoice parsing

Claude Fable 5 is a solid pick for invoice parsing

Scores 85/100 (rank #4 of 14). Good balance of quality and cost for invoice parsing.

Top-ranked: GPT 5.6 Terra (90/100) at $0.0140/call

Performance across all task types

Claude Fable 5 scores by task type. Invoice Parsing highlighted.

Reasoning98Code Generation96Code Review95Creative Writing95Summarization90Q&A88Extraction *85Classification82
Task typeConfidence scoreRank out of 14
Reasoning98/100#1
Code Generation96/100#1
Code Review95/100#1
Creative Writing95/100#1
Summarization90/100#3
Q&A88/100#4
Extraction(current page)85/100#4
Classification82/100#5

Alternative models for invoice parsing

13 models score 80+ on invoice parsing benchmarks, sorted by input rate. Cheapest: Gemini 3.5 Flash-Lite (97% less, 83/100 quality).

ModelProviderInput $/MTokOutput $/MTokQualityPer callvs Claude
Gemini 3.5 Flash-LiteGemini$0.25$1.5083/100$0.00140097% cheaper
Gemini 3 FlashGemini$0.50$3.0086/100$0.00280094% cheaper
Claude Haiku 4.5Claude$1.00$5.0088/100$0.00500090% cheaper
GPT 5.6 LunaGPT$1.00$6.0089/100$0.00560089% cheaper
Gemini 3.5 FlashGemini$1.50$9.0090/100$0.00840083% cheaper
Claude Sonnet 5Claude$2.00$10.0088/100$0.01000080% cheaper
Gemini 3.1 ProGemini$2.00$12.0085/100$0.011278% cheaper
GPT 5.4GPT$2.50$15.0089/100$0.014072% cheaper
GPT 5.6 TerraGPT$2.50$15.0090/100$0.014072% cheaper
Claude Sonnet 4.6Claude$3.00$15.0086/100$0.015070% cheaper
Claude Opus 4.8Claude$5.00$25.0082/100$0.025050% cheaper
GPT 5.5GPT$5.00$30.0087/100$0.028044% cheaper
GPT 5.6 SolGPT$5.00$30.0088/100$0.028044% cheaper

About Claude Fable 5

Provider

Claude

Tier

Flagship

Context

1,000K tokens

Released

Jun 2026

Other models from Claude

ModelTierInput $/MTokOutput $/MTokContext
Claude Opus 4.8Flagship$5.00$25.00200K
Claude Sonnet 4.6Mid-tier$3.00$15.00200K
Claude Haiku 4.5Fast / Budget$1.00$5.00200K
Claude Sonnet 5Mid-tier$2.00$10.00200K

You can compare Claude Fable 5 head-to-head against any other model on our model comparison pages, or track how pricing has changed over time on the pricing history tracker.

Claude Fable 5 pricing for other use cases

See how Claude Fable 5 costs change across different workload types.

Code Generation

$0.2200/call

Unit Test Generation

$0.2800/call

SQL Generation

$0.0650/call

API Generation

$0.3300/call

Code Refactoring

$0.2400/call

Code Review

$0.1500/call

PR Review

$0.2300/call

Security Review

$0.1850/call

Bug Detection

$0.1500/call

Document Summarization

$0.1500/call

PDF Summarization

$0.2250/call

Meeting Notes

$0.1800/call

Email Summarization

$0.0550/call

Chatbot

$0.0700/call

RAG Pipeline

$0.1350/call

Customer Support Bot

$0.0800/call

FAQ Bot

$0.0550/call

Data Extraction

$0.0900/call

JSON Extraction

$0.0700/call

Resume Parsing

$0.0650/call

Chain of Thought

$0.2800/call

Legal Analysis

$0.3000/call

Math Reasoning

$0.1650/call

Financial Analysis

$0.2800/call

Content Moderation

$0.0100/call

Sentiment Analysis

$0.0100/call

Categorization

$0.0155/call

Intent Detection

$0.008000/call

Copywriting

$0.1050/call

Blog Writing

$0.4100/call

Marketing Copy

$0.1580/call

Product Descriptions

$0.0800/call

Related pages

Frequently asked questions

How much does Claude Fable 5 cost for invoice parsing per API call?

$0.0500 per call at 2,000 input / 600 output tokens.

Is Claude Fable 5 the best model for invoice parsing?

Scores 85/100, rank #4 of 14 models. Top-ranked: GPT 5.6 Terra at 90/100.

What is the cheapest model for invoice parsing with good quality?

Gemini 3.5 Flash-Lite scores 83/100 quality at $0.25/$1.50 per MTok. That is 97% less than Claude Fable 5 per call.

How can I reduce my Claude Fable 5 costs for invoice parsing?

Three strategies: prompt caching (90% off input), batch API (50% off all tokens), prompt optimization. Combined: $0.0500 drops to about $0.002500 per call.

How does Claude Fable 5 pricing compare to other Claude models?

Claude also offers: Claude Opus 4.8 at $5.00/$25.00, Claude Sonnet 4.6 at $3.00/$15.00, Claude Haiku 4.5 at $1.00/$5.00, Claude Sonnet 5 at $2.00/$10.00.

What context window does Claude Fable 5 support?

1,000K tokens total. Typical invoice parsing calls use 2,000 plus 600 tokens, well within limits.

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