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Claude Fable 5 vs Claude Opus 5

Claude Fable 5 and Claude Opus 5 are Anthropic's two frontier tiers. Opus 5, released seven weeks later, scores one Intelligence Index point higher (63 vs 62) at half the price — $5/$25 against Fable 5's $10/$50 per million tokens. Fable 5 counters with faster output, 67 versus 54 tokens per second. Most workloads should default to Opus 5.

Side by side

Claude Fable 5Claude Opus 5
MakerAnthropicAnthropic
Released2026-06-092026-07-24
Context window1M tokens1M tokens
Modalities intext, imagetext, image
Input $/MTok$10$5
Output $/MTok$50$25
Open weightsNoNo

Prices as of ; sources on each model page.

Benchmark deltas

BenchmarkClaude Fable 5Claude Opus 5Δ
AA Intelligence Index6263-1

Δ is Claude Fable 5 minus Claude Opus 5, in points. Shaded cell wins the row. Dashed values are vendor-published, not yet reproduced — methodology.

Cost calculator

Claude Fable 5
$1,000/mo
Claude Opus 5
$500/mo
Difference
$500/mo

List prices as of 2026-08-11; excludes caching, batch, and long-context tiers — see model pages for tier notes.

Verdict

This is the rare comparison where the newer, cheaper sibling wins the benchmark: Opus 5 edges Fable 5 on the Intelligence Index at exactly half the token price. Fable 5's case rests on throughput — 25% faster output — and on workload-specific behavior differences practitioners report but public benchmarks compress. At $10/$50, Fable 5 is the most expensive API in our tracked set; unless latency-sensitive premium workloads justify it, Opus 5 is the default Anthropic frontier pick as of August 2026.

Verdicts are analysis, not measurement, and are labeled as such per our editorial policy.

FAQ

Is Claude Fable 5 cheaper than Claude Opus 5?
No. Claude Opus 5 is cheaper: $5 input / $25 output per million tokens against $10 / $50 for Claude Fable 5 (prices as of August 11, 2026).
Which has the longer context window — Claude Fable 5 or Claude Opus 5?
They match: both accept 1M tokens of context.
Which is the more capable model, Claude Fable 5 or Claude Opus 5?
Claude Opus 5 scores higher on the Artificial Analysis Intelligence Index: 63 (measured August 11, 2026) against 62 for Claude Fable 5 (measured August 11, 2026).

Related news

Comparison published August 11, 2026; underlying data last changed August 11, 2026.