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Pricing Overview

Claude Pricing 2026:
What Each Claude Model Costs to Run

A plain-English overview of what Anthropic's Claude models cost in 2026 — Haiku 4.5, Sonnet 5.5, Opus 5.5 and Fable 5.1 — with worked monthly cost examples and how Claude compares with OpenAI. Last verified: 2026-10-01.

8 min read·Updated October 2026
Claude Pricing Summary
$1 / $5
Haiku 4.5 in / out per 1M
$2 / $10
Sonnet 5.5 in / out per 1M
$4 / $20
Opus 5.5 in / out per 1M
$10 / $50
Fable 5.1 in / out per 1M

Claude is billed per token through Anthropic's API: you pay for the tokens you send (input) and the tokens Claude writes (output). Output costs five times as much as input on every current model. For the full rate card — prompt caching, batch prices and previous-generation models — see our Claude API pricing guide.

Which Claude Model Should You Pay For?

Use CaseBest ModelWhy
High-volume chatbots, classificationHaiku 4.5Half the price of Sonnet 5.5, fast, handles most routine tasks
Customer support, summarizationSonnet 5.5Best quality/cost ratio for complex tasks
Complex coding, analysis, researchSonnet 5.5Production default for demanding work, 1M context
Long agentic tasks, hard analysisOpus 5.5Higher accuracy at twice Sonnet's price
Hardest problems where quality outweighs costFable 5.1Anthropic's most capable widely released model

Claude vs OpenAI Pricing Comparison

TierClaudeOpenAIInput / output per 1M
BudgetHaiku 4.5GPT-6 Luna$1/$5 vs $0.10/$0.50 — OpenAI is 10× cheaper
BalancedSonnet 5.5GPT-6.1 Sol$2/$10 vs $2/$10 — identical
PremiumOpus 5.5GPT-6 Astra$4/$20 vs $10/$50 — Claude is 2.5× cheaper
Top tierFable 5.1GPT-6 Astra$10/$50 vs $10/$50 — identical

Prompt Caching Cuts Repeated Input

When the same prompt prefix is reused — a long system prompt, a shared document, a tool list — Claude bills it at the cache-read rate instead of the full input price:

  • Sonnet 5.5: $2.00/M → cache read $0.20/M (90% off)
  • Opus 5.5: $4.00/M → cache read $0.20/M (95% off)
  • Haiku 4.5: $1.00/M → cache read $0.10/M (90% off)

Best for: RAG systems with large context, long system prompts, and multi-turn conversations with a fixed system prompt.

Real-World Claude Cost Examples

Customer Support Bot (50,000 conversations/month)

  • System prompt: 2,000 tokens (cached after the first call)
  • Per conversation: 500 tokens fresh input + 300 tokens output
  • Without caching (Sonnet 5.5): $2 × 125M + $10 × 15M = $250 + $150 = $400/month
  • With caching: $0.20 × 100M + $2 × 25M + $150 output = ~$220/month
  • On Haiku 4.5 with caching: $10 + $25 + $75 = ~$110/month

Document Analysis Pipeline (10,000 docs/month)

  • Average: 5,000 tokens input + 800 tokens output
  • Haiku 4.5: $50 + $40 = $90/month
  • Sonnet 5.5: $100 + $80 = $180/month
  • Opus 5.5: $200 + $160 = $360/month

Claude.ai Subscriptions vs the API

The Claude.ai apps are sold as monthly subscriptions, separate from API billing. If you are building a product, you need the API and pay per token; a Claude.ai subscription does not include API usage. For a side-by-side of consumer AI plans, see the AI subscription comparison.

Calculate Your Claude API Costs

Compare Claude Haiku vs Sonnet vs GPT-6 for your specific usage.

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