Claude Fable 5 vs Claude Haiku 4.5

    Comparison

    As of August 20, 2026, Claude Haiku 4.5 is 90% cheaper per million tokens than Claude Fable 5. Claude Fable 5 is $10.00 / $50.00 per million input/output tokens versus Claude Haiku 4.5 at $1.00 / $5.00. Source: https://platform.claude.com/docs/en/about-claude/pricing

    Source: Anthropic Claude API pricing (https://platform.claude.com/docs/en/about-claude/pricing)

    Claude Fable 5

    Anthropic

    $60.00blended / 1M

    Input

    $10.00

    Output

    $50.00

    1M ctx|Proprietary
    90%
    cheaper
    Better value

    Claude Haiku 4.5

    Anthropic

    $6.00blended / 1M

    Input

    $1.00

    Output

    $5.00

    200K ctx|Proprietary
    Save $54.00 per million tokens by choosing Claude Haiku 4.5 over Claude Fable 5.

    Claude Fable 5 vs Claude Haiku 4.5 comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    Claude Fable 5
    Claude Haiku 4.5
    Provider
    Provider
    Anthropic
    Anthropic
    License
    Proprietary
    Proprietary
    Release Date
    2026-06-09
    2025-10-15
    Pricing (per 1M tokens)
    Input Price+900%
    $10.00
    $1.00
    Output Price+900%
    $50.00
    $5.00
    Blended (1M + 1M)
    $60.00
    $6.00
    Model Details
    Context Window
    1M
    200K
    Max Output Tokens
    128K
    64K
    Knowledge Cutoff
    2026-01
    2025-02-01
    Throughput
    8.729100394623845 tok/s
    100 tok/s
    Benchmarks
    64.5%
    73%
    85.9%
    71.2%
    72.9%
    69.9%
    0.2%
    69.9%
    60.2%
    43.3%
    68.3%
    5.9%
    56.3%
    31.0%
    89.2%
    4.0%
    85%
    50.7%
    61.7%
    83.3%
    83%
    97.8%
    80.7%
    68.7%
    89.3%
    80.7%
    96.4%
    71.8%
    60.3%
    28.6%
    0%
    73.7%
    46.3%
    29.8%
    1932
    72.3%
    78.3%
    56.1%
    88.5%
    91.5%
    51.9%
    81.9%
    76.9%
    Benchmark Wins
    Claude Fable 5 15|0 Claude Haiku 4.5

    Verdict

    Claude Fable 5 vs Claude Haiku 4.5: the bottom line

    Claude Haiku 4.5 offers significantly lower pricing, while Claude Fable 5 leads on benchmark performance. Your choice depends on whether cost efficiency or raw capability matters more for your use case.

    Claude Fable 5 vs Claude Haiku 4.5 FAQ

    Which is cheaper, Claude Fable 5 or Claude Haiku 4.5?

    As of August 20, 2026, Claude Haiku 4.5 is 90% cheaper on blended LLM API pricing. Claude Haiku 4.5 costs $1.00 per million input tokens and $5.00 per million output tokens ($6.00 blended 1M-in + 1M-out). Claude Fable 5 costs $10.00 / $50.00 per million tokens ($60.00 blended). Sources: https://platform.claude.com/docs/en/about-claude/pricing and https://platform.claude.com/docs/en/about-claude/pricing. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does Claude Fable 5 vs Claude Haiku 4.5 cost per million tokens?

    Claude Fable 5 Claude API pricing from Anthropic is $10.00 input and $50.00 output per million tokens via Anthropic. Claude Haiku 4.5 Claude API pricing from Anthropic is $1.00 input and $5.00 output per million tokens via Anthropic. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, Claude Fable 5 or Claude Haiku 4.5?

    Claude Fable 5 leads on SWE-bench Verified: Claude Fable 5 at 95% vs Claude Haiku 4.5 at 73.3%. SWE-bench measures real GitHub fixes; LiveCodeBench measures contest programming.

    What is the context window for Claude Fable 5 vs Claude Haiku 4.5?

    Claude Fable 5 supports a 1M token context window, while Claude Haiku 4.5 supports 200K tokens. Claude Fable 5 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, Claude Fable 5 or Claude Haiku 4.5?

    Claude Fable 5 leads on 15 of 15 shared benchmarks versus Claude Haiku 4.5's 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is Claude Fable 5 or Claude Haiku 4.5 better for production use?

    Both Claude Fable 5 and Claude Haiku 4.5 are production API models. For cost-sensitive production traffic, Claude Haiku 4.5 has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between Claude Fable 5 and Claude Haiku 4.5 in my app?

    Yes. Call Claude Fable 5 through Anthropic and Claude Haiku 4.5 through Anthropic with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this Claude Fable 5 vs Claude Haiku 4.5 pricing data?

    List rates are the latest published Claude API pricing from Anthropic and Claude API pricing from Anthropic, quoted per million tokens. Official rate sheets: https://platform.claude.com/docs/en/about-claude/pricing and https://platform.claude.com/docs/en/about-claude/pricing. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for Claude Fable 5 and Claude Haiku 4.5?

    Claude Fable 5 supports up to 128K output tokens per request, while Claude Haiku 4.5 supports up to 64K output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, Claude Fable 5 or Claude Haiku 4.5?

    Claude Fable 5 runs at approximately 8.729100394623845 tokens/second while Claude Haiku 4.5 runs at 100 tokens/second. Claude Haiku 4.5 is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this Claude Fable 5 vs Claude Haiku 4.5 comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open Claude Fable 5 or Claude Haiku 4.5 from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    Claude Fable 5 vs Claude Haiku 4.5 pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. Claude Fable 5 costs $10.00/M input and $50.00/M output. Claude Haiku 4.5 costs $1.00/M input and $5.00/M output.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

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