Claude API Pricing 2026: Every Model's Price per 1M Tokens (Opus 5, Fable 5, Sonnet 5, Haiku 4.5)
Claude API pricing for every current model in one table: Anthropic list price, cached-input price and the Crazyrouter price per 1M tokens, plus monthly cost examples, how billing works, and how to start with free credits.

Short answer: Anthropic bills the Claude API per token. In 2026 the list prices per 1M tokens are Claude Opus 5 25 out, Claude Sonnet 5 10, Claude Haiku 4.5 5, and the new Claude Fable 5 50. Cached input costs 10% of the input price. The same models are available through Crazyrouter at 35% below list, billed per token with no subscription.
Last updated: September 30, 2026. Prices are re-verified daily against Anthropic's price list; each model links to a page with Azure, Bedrock, Vertex and OpenRouter prices and a monthly cost calculator.
Claude API price table (per 1M tokens, USD)#
| Model | Anthropic list (in / out) | Cached input | Crazyrouter (in / out) | Saving |
|---|---|---|---|---|
| Claude Opus 5 | 25.00 | $0.5 | 16.25 | 35% |
| Claude Fable 5 | 50.00 | $1.00 | 32.50 | 35% |
| Claude Sonnet 5 | 10.00 | $0.2 | 6.50 | 35% |
| Claude Opus 4.8 | 25.00 | $0.5 | 16.25 | 35% |
| Claude Opus 4.7 | 25.00 | $0.5 | 16.25 | 35% |
| Claude Sonnet 4.6 | 15.00 | $0.3 | 9.75 | 35% |
| Claude Haiku 4.5 | 5.00 | $0.1 | 3.25 | 35% |
Prices are per 1M tokens: 1,000 tokens of input on Opus 5 is 0.02. Batch (asynchronous) requests are 50% off list on Anthropic's own API. Long-context requests above 200K tokens on the 1M-context models are billed at a higher rate on Anthropic — see the individual model pages for the exact tiers.
Which Claude model should you pay for?#
- Claude Sonnet 5 is the default for coding agents and production apps: 10 is a fifth of Opus with most of the capability.
- Claude Opus 5 for long agentic runs, hard reasoning and review passes where a wrong answer costs more than the tokens.
- Claude Haiku 4.5 for classification, extraction, routing and anything you call thousands of times.
- Claude Fable 5 is the top tier (50) for tasks where Opus is not enough; treat it as a per-task tool, not a default.
What a month actually costs#
| Workload | Sonnet 5 (list) | Sonnet 5 (Crazyrouter) | Opus 5 (list) | Opus 5 (Crazyrouter) |
|---|---|---|---|---|
| Prototype: 10M in / 2M out | $40 | $26 | $100 | $65 |
| Product: 100M in / 20M out | $400 | $260 | $1,000 | $650 |
| Scale: 1B in / 200M out | $4,000 | $2,600 | $10,000 | $6,500 |
Cached prompts change this a lot: a coding agent that re-sends a 30K-token system prompt every turn pays 10% of the input price on the cached part, which is why agent bills are dominated by output tokens rather than input.
How Claude API billing works#
Anthropic sells prepaid credits: you add money in the Console, usage is deducted per request, and monthly spend limits rise through usage tiers. There is no monthly fee and no free tier; see the Anthropic billing guide for credits, auto-reload, invoices and declined-card fixes. If you want to try the API without adding a card first, see Claude API free tier and free credits.
Through Crazyrouter the billing model is the same (prepaid, per token) but the price is 35% lower on every Claude model, you can pay by card, Alipay or WeChat Pay, and one key also covers GPT, Gemini, DeepSeek and the image / video models. The API is Anthropic-compatible, so Claude Code, Cursor and the official SDKs work by changing the base URL — see the Claude Code integration guide.
Frequently asked questions#
How much does the Claude API cost per 1,000 tokens? Divide the per-1M price by 1,000: Sonnet 5 is 0.01 per 1K output tokens; Opus 5 is 0.025; Haiku 4.5 is 0.005.
Is there a free Claude API tier? No. Anthropic's API is prepaid only; the free plan on claude.ai is the chat app, not the API. Crazyrouter gives new accounts free credits so you can test the same models before paying — details in the free tier guide.
Which Claude model is cheapest? Claude Haiku 4.5 at 5 per 1M tokens on Anthropic (3.25 on Crazyrouter).
Does Claude API pricing differ on Bedrock, Vertex or Azure? The per-token price is the same as Anthropic's list price on all three clouds; you pay for regional residency and consolidated billing, not for a discount. Each model page above shows the cloud prices side by side.
How is Claude Max different from the API? Max is a 200 monthly subscription to the Claude app and Claude Code with usage caps; the API is metered per token with no cap. The Claude Max guide works through when each is cheaper.





