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Model comparison

Claude Fable 5.1 vs Claude Haiku 4.5

Two Anthropic tiers compared on the figures that decide which one a workload actually needs.

Catalog record checked September 5, 2026Individual provider fields may changeEvidence confidence: High — see receipts below

Anthropic

Claude Fable 5.1

Frontier

vs

Anthropic

Claude Haiku 4.5

Budget

AI model capability comparison
SpecificationClaude Fable 5.1Claude Haiku 4.5
ProviderAnthropicAnthropic
TierFrontierBudget
Context windowWinner: 1M200K
Max outputWinner: 128K64K
Input / 1M tokens$10Winner: $1
Output / 1M tokens$50Winner: $5
WeightsClosedClosed
ParametersNot disclosedUnverifiedNot disclosedUnverified
Reasoning levelsadaptiveNot verifiedUnverified
Modalitiestext, imagetext, image
API model idclaude-fable-5-1claude-haiku-4-5-20251001
ReleasedSeptember 1, 2026October 15, 2025
Artificial Analysis Intelligence Index (2026-08-14)Winner: 6628
Humanity's Last Exam (2026-09-01)65Not verifiedUnverified
Terminal-Bench 2.1 (2026-09-05)91.4Not verifiedUnverified
DeepSWE 1.1 (2026-09-03)67.4Not verifiedUnverified
SWE-bench Verified (2026-02-17)Not verifiedUnverified66.6
Terminal-Bench (2025-10-15)Not verifiedUnverified40.21

Prices are USD per million tokens at standard rates, excluding batch and caching discounts. Bold indicates the better figure where one is objectively better. Values we could not confirm from the provider are shown as “Not verified” rather than estimated.

Benchmark receipts

Pricing tiers: Claude Fable 5.1: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. · Claude Haiku 4.5: Standard $1/$5 per MTok; cache reads 10% of base input. 200K context (vs 1M on Opus/Sonnet 5).

FrontierRecord checked September 3, 2026

Claude Fable 5.1

Claude Fable 5.1 is Anthropic's September 2026 flagship refresh, debuting at the top of LiveBench and the Artificial Analysis Intelligence Index.

Best for

  • Frontier agents
  • Hardest reasoning work
  • Fable 5 workloads at the same price

Watch out

Early-life model: leaderboard position is from launch-week boards; recheck before committing spend.

BudgetRecord checked September 5, 2026

Claude Haiku 4.5

Claude Haiku 4.5 is Anthropic's fastest, cheapest tier for high-volume classification and extraction.

Best for

  • High-volume classification
  • Routine extraction
  • Latency-sensitive stacks

Watch out

No adaptive thinking; 200K context only. A generation behind Opus/Sonnet 5 — Anthropic lists 2026-10-15 as the earliest possible retirement date.

When the cheaper one wins

Claude Haiku 4.5 is cheaper on output at $5 per million tokens against $50 for Claude Fable 5.1 — about 10×. Use the cheaper tier for classification, extraction, summarisation, and any task where the expensive model’s extra score does not change the accepted output. The expensive one only pays if your hardest task actually fails on the cheap tier. These are standard-tier API rates, excluding batch and cache discounts.

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Evidence confidence: High

How strong and complete the evidence behind this comparison is — not a prediction of which model is better.

  • Pricing verified on both sidesInput and output rates are verified for both models.
  • 3/5 core specs verified on both sidesNot published for at least one side: parameter count, reasoning levels.
  • 1 shared named benchmark with differing scoresMeasured on: Artificial Analysis Intelligence Index.
  • Verified within the last 90 daysNewest catalog check was 6 days ago.
  • Both models carry source citationsEach side has at least two catalog sources on record.

Source receipts

Each catalog figure was checked against the provider or an independent second source on the date shown.

Common questions

Claude Fable 5.1 vs Claude Haiku 4.5

Answered from the verified figures on this page rather than general guidance.

Is Claude Fable 5.1 or Claude Haiku 4.5 cheaper for input?

Claude Haiku 4.5 is cheaper at $1 per million input tokens, against $10 for Claude Fable 5.1 — roughly 10× the price. Output tokens usually dominate a real bill, so weigh the output rate more heavily than the input rate. These are base rates; Claude Fable 5.1 has tiered pricing: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. Claude Haiku 4.5 has tiered pricing: Standard $1/$5 per MTok; cache reads 10% of base input. 200K context (vs 1M on Opus/Sonnet 5).

Is Claude Fable 5.1 or Claude Haiku 4.5 cheaper for output?

Claude Haiku 4.5 is cheaper at $5 per million output tokens, against $50 for Claude Fable 5.1 — roughly 10× the price. Output tokens usually dominate a real bill, so weigh the output rate more heavily than the input rate. These are base rates; Claude Fable 5.1 has tiered pricing: Priced with Fable 5 at $10/$50 per MTok; cache reads cut 75% to $0.25/MTok. Adaptive thinking always on (default effort high); knowledge cutoff Jun 2026. Sibling Mythos 5.1 launched the same day. Claude Haiku 4.5 has tiered pricing: Standard $1/$5 per MTok; cache reads 10% of base input. 200K context (vs 1M on Opus/Sonnet 5).

Which has the larger context window, Claude Fable 5.1 or Claude Haiku 4.5?

Claude Fable 5.1 accepts 1M tokens against 200K for Claude Haiku 4.5. This only matters if you routinely send very long documents or large codebases.

Should I use Claude Fable 5.1 or Claude Haiku 4.5?

Claude Fable 5.1 is the frontier tier and Claude Haiku 4.5 the budget tier. The useful question is whether your hardest task actually fails on the cheaper one — most production volume such as classification, extraction and summarisation does not.

Next step

Choosing between them

The verified figures that separate this pair, computed from the catalog rather than restated boilerplate.

  • Input price: Claude Haiku 4.5 costs $1 per 1M tokens versus $10 for Claude Fable 5.1 — a 10x difference at the headline tier.
  • Context: Claude Fable 5.1 takes 1M against 200K for Claude Haiku 4.5 — only decisive if your prompts approach the smaller window.
  • Positioning: Claude Fable 5.1 sits in the frontier tier, Claude Haiku 4.5 in the budget tier — most production volume (classification, extraction, summarisation) does not need the pricier tier.

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