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Claude API PricingAnthropicClaude Opus 5Claude Sonnet 5Claude Fable 5API Costs

Current Anthropic Claude API Pricing 2026: Claude 5, Opus, Sonnet & Haiku

Current Claude API prices per 1M tokens for Fable 5, Opus 5, Sonnet 5, Opus 4.8, and Haiku 4.5, including prompt caching, Batch discounts, and August 2026 introductory pricing.

DevTk.AI 2026-02-23 Updated 2026-08-01 4 min read

Anthropic’s current API lineup is led by Claude Opus 5, Claude Sonnet 5, and the restored Claude Fable 5. Sonnet 5 has introductory pricing through August 31, 2026; its standard rate increases on September 1. Opus 4.8, Sonnet 4.6, and Haiku 4.5 remain available, but they are no longer the whole current lineup.

Claude API Prices Per 1M Tokens

ModelInputCache read5m cache writeOutputContextStatus
Claude Fable 5$10.00$1.00$12.50$50.001MRestored globally July 1
Claude Opus 5$5.00$0.50$6.25$25.001MCurrent Opus flagship
Claude Sonnet 5$2.00$0.20$2.50$10.001MIntro price through Aug 31
Claude Opus 4.8$5.00$0.50$6.25$25.001MPrevious Opus generation
Claude Sonnet 4.6$3.00$0.30$3.75$15.001MPrevious Sonnet generation
Claude Haiku 4.5$1.00$0.10$1.25$5.00200KCurrent low-cost Claude tier

Prices are USD per 1 million tokens. The cache-write column uses Anthropic’s 5-minute TTL. A 1-hour write costs 2 times base input: $20/M for Fable 5, $10/M for Opus 5, $4/M for Sonnet 5 during the introductory period, and $2/M for Haiku 4.5.

Sonnet 5 Price Changes on September 1

Sonnet 5 rateThrough Aug 31From Sep 1
Input$2.00$3.00
Cache read$0.20$0.30
5m cache write$2.50$3.75
1h cache write$4.00$6.00
Output$10.00$15.00

Do not use the introductory rate for a September forecast. DevTk.AI’s calculator reflects today’s August price and records the scheduled increase in the model note.

Batch API Prices

Anthropic’s Message Batches API discounts input and output by 50% for asynchronous work.

ModelBatch inputBatch output
Fable 5$5.00$25.00
Opus 5$2.50$12.50
Sonnet 5, through Aug 31$1.00$5.00
Haiku 4.5$0.50$2.50

Batch processing and prompt caching can be combined. This is especially useful for evaluations, document pipelines, and agent jobs that reuse large tool schemas or project instructions.

Monthly Cost Example

For 2M uncached input tokens plus 500K output tokens at current standard rates:

ModelMonthly cost
Claude Fable 5$45.00
Claude Opus 5$22.50
Claude Sonnet 5$9.00
Claude Haiku 4.5$4.50

Sonnet 5 is the main pricing change: at its August rate, this token mix is 60% cheaper than Opus 5 and one third cheaper than the same workload on Sonnet 4.6.

Which Claude Model Should You Use?

  • Fable 5: fiction, narrative development, style-sensitive long-form writing, and creative workflows that justify the premium.
  • Opus 5: difficult coding, research, long-running agents, and high-impact professional work.
  • Sonnet 5: the first model to test for production coding, tool use, assistants, and balanced agent traffic during the introductory period.
  • Haiku 4.5: extraction, classification, short answers, routing, and other latency-sensitive lower-cost Claude workloads.

For repeated system prompts and tool definitions, keep prefixes stable and measure cache reads. For non-urgent work, use Batch. For mixed traffic, route routine requests to Haiku or Sonnet and reserve Opus for escalations.

Use the AI Model Pricing Calculator for your token mix, or compare other providers in the AI API Pricing Comparison.

Official Sources

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