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Claude API pricing

Claude API pricing: what Anthropic charges per 1M tokens

Input, output, cache-write and cache-hit prices for every current Claude model, batch and long-context rates, the extras that add to the bill, and a worked monthly cost example.

Free to usePrices checked October 2026Per 1M tokens

Last updated October 22, 2026

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Overview

How much does the Claude API cost?

On October 22, 2026, Anthropic charged $10 per 1M input tokens and $50 per 1M output tokens for Claude Fable 5.1, $4 and $20 for Claude Opus 5.5, $2 and $10 for Claude Sonnet 5.5, and from $0.10 and $0.50 for Claude Haiku 5.5. The Batch API halves these prices and cache hits cost far less.

Price table

What does each Claude model cost per 1M tokens?

These are the standard prices for the four models in Anthropic’s current lineup, from its pricing page. Anthropic’s models overview suggests starting with Claude Opus 5.5 for most workloads and using Claude Fable 5.1 for the most demanding reasoning and long-horizon agentic work.

Claude API prices per 1M tokens, from Anthropic’s pricing page, checked October 22, 2026
ModelBase input5-min cache write1-hour cache writeCache hits and refreshesOutput
Claude Fable 5.1$10$12.50$20$0.25$50
Claude Opus 5.5$4$5$8$0.20$20
Claude Sonnet 5.5$2$2.50$4$0.10$10
Claude Haiku 5.5 (prompts up to 100,000 tokens)$0.10$0.125$0.20$0.01$0.50
Claude Haiku 5.5 (prompts over 100,000 tokens)$0.50$0.625$1$0.05$2.50

Prices checked October 22, 2026. Providers change prices often; confirm on Anthropic’s pricing page.

Older models Anthropic still lists as available (legacy) keep their own prices on the same page: Claude Fable 5 at $10 / $50, Claude Opus 5, 4.8, 4.7, 4.6 and 4.5 at $5 / $25, Claude Sonnet 5 at $2 / $10, Claude Sonnet 4.6 at $3 / $15 and Claude Haiku 4.5 at $1 / $5 per 1M input / output tokens. Claude Mythos 5.1 is priced like Fable 5.1 but is available only to organizations verified through Anthropic’s access programs.

Billing

How does Claude API billing work?

  • Input and output tokens are billed separately. Input covers the system prompt, the conversation, documents and images you send, and tool definitions; output is what Claude generates.
  • Tool use adds tokens. When you pass tools, Anthropic adds a tool-use system prompt (286 tokens on Claude Opus 5.5, for example) plus your tool names, descriptions and schemas, all billed as input.
  • Some tools cost extra. Web search is $10 per 1,000 searches plus the tokens it returns; web fetch has no charge beyond tokens.
  • Token counts depend on the model. Anthropic says Claude 4.7 and later models use a tokenizer that produces roughly 30% more tokens for the same text than earlier models, so moving from an older model can raise token counts.
  • Where data is processed can change the price. Choosing US-only inference with inference_geo on Claude 4.6 and later models applies a 1.1× multiplier to all token prices.
  • Fast mode costs more. On Claude Opus 5.5, fast mode is $8 per 1M input tokens and $40 per 1M output tokens.
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Worked example

What would 1M requests a month cost on Claude?

Take 1,000,000 requests a month, each with 1,000 input tokens and 300 output tokens: 1,000M input tokens and 300M output tokens, with no caching. Every prompt is under 100,000 tokens, so Haiku 5.5 uses its lower rate.

Monthly cost = 1,000 × input price + 300 × output price (prices per 1M tokens)

1M requests × (1,000 input + 300 output tokens) on the Claude API, no caching
Model and tierCalculationMonthly cost
Claude Fable 5.1, standard1,000 × $10 + 300 × $50$25,000
Claude Opus 5.5, standard1,000 × $4 + 300 × $20$10,000
Claude Sonnet 5.5, standard1,000 × $2 + 300 × $10$5,000
Claude Sonnet 5.5, Batch API1,000 × $1 + 300 × $5$2,500
Claude Haiku 5.5, standard1,000 × $0.10 + 300 × $0.50$250

Your real token counts will differ, especially with tools or long system prompts. Count them with the token calculator, and remember the tokenizer note above when comparing Claude with other providers.

Saving money

How can you cut your Claude API bill?

Claude Batch API prices per 1M tokens, from Anthropic’s pricing page, checked October 22, 2026
ModelBatch inputBatch output
Claude Fable 5.1$5$25
Claude Opus 5.5$2$10
Claude Sonnet 5.5$1$5
Claude Haiku 5.5 (prompts up to 100,000 tokens)$0.05$0.25
Claude Haiku 5.5 (prompts over 100,000 tokens)$0.25$1.25

Prices checked October 22, 2026. Providers change prices often; confirm on Anthropic’s pricing page.

  • Batch API. Anthropic’s batch processing runs requests asynchronously at 50% off both input and output. Fast mode is not available with batch.
  • Prompt caching. With prompt caching, a cache hit costs 10% of the base input price on most models, 5% on Claude Opus 5.5 and Claude Sonnet 5.5, and 2.5% on Claude Fable 5.1. A 5-minute write costs 1.25× input and a 1-hour write 2×, so Anthropic says caching pays off after one read for 5-minute writes and after two reads for 1-hour writes. Caching and batch discounts stack.
  • Smaller models. Anthropic’s own cost advice is to use Haiku for simple tasks, Sonnet for most production workloads and Opus for the most complex reasoning. Claude Haiku 5.5 costs 1/40 of Claude Opus 5.5 per token on prompts up to 100,000 tokens.
  • Volume discounts. Anthropic says volume discounts may be negotiated case by case for high-volume users.

To estimate what response caching and model routing could add on top, try the LLM gateway savings calculator.

Perimattic LLM Gateway

How does Perimattic LLM Gateway help with Claude costs?

Perimattic LLM Gateway sits between your application and model providers. Its features:

  • One OpenAI-compatible API in front of Anthropic, OpenAI, Google, Mistral, DeepSeek and open models.
  • Routing rules that send each request to a model by cost, latency or task, for example Haiku for simple requests and Opus for hard ones, with automatic fallback when a provider errors or rate-limits.
  • Exact-match and semantic caching of responses.
  • Budgets and rate limits per team, API key or customer, with cost tracking and alerts.

Get started: Sign up and our team will walk you through Perimattic LLM Gateway for your workloads.

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About these prices

Where do these Claude prices come from?

All prices on this page come from Anthropic’s Claude API pricing page, with model status from its models overview; Anthropic also publishes prices at claude.com/pricing. They are Anthropic’s direct API prices in US dollars, before tax; Amazon Bedrock and Google Cloud set their own prices for Claude. Prices checked October 22, 2026; providers change prices often — confirm on the provider’s page before you rely on them. Perimattic is not affiliated with Anthropic.

FAQs

Claude API pricing, answered

Is Anthropic API pricing the same as Claude API pricing?

Yes. Anthropic sells API access to its Claude models, so “Anthropic API pricing” and “Claude API pricing” refer to the same price list. Claude models are also sold through Amazon Bedrock and Google Cloud, which set their own prices, so check those providers’ pages if you buy Claude there.

Does a long prompt cost more on Claude?

On most current models, no. Anthropic’s pricing page says Claude 4.6 and later models, except Claude Haiku 5.5, include the full 1M-token context window at standard prices. Claude Haiku 5.5 is the exception: a request whose prompt is over 100,000 tokens pays the higher rates for the whole request.

Is there a free tier for the Claude API?

Anthropic’s pricing page says new users receive a small amount of free credits to test the API, and that enterprise customers can contact sales about extended trials. After that, usage is billed monthly in US dollars by actual usage.

Talk to our team

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