Claude Fable 5 alternatives

9 models of comparable capability, ranked by blended token price. Claude Fable 5 stays in the table, highlighted, as the baseline.

List prices checked

Ranked by blended token price

Cheapest first, at three input tokens per output token.

#ModelProviderInputOutputBlendedvs Claude Fable 5Context
1DeepSeek-V4-ProDeepSeek$0.435$0.870$0.54436.8× cheaper1M
2Mistral LargeMistral AI$2.00$6.00$3.006.7× cheaper131K
3GPT-5OpenAI$1.25$10.00$3.445.8× cheaper400K
4Gemini 2.5 ProGoogle$1.25$10.00$3.445.8× cheaper1M
5OpenAI o3OpenAI$2.00$8.00$3.505.7× cheaper200K
6Cohere Command ACohere$2.50$10.00$4.384.6× cheaper256K
7Claude Sonnet 5Anthropic$3.00$15.00$6.003.3× cheaper200K
8Grok 4xAI$3.00$15.00$6.003.3× cheaper256K
9Claude Opus 5Anthropic$5.00$25.00$10.002× cheaper200K
10Claude Fable 5you are hereAnthropic$10.00$50.00$20.00200K

Source: Anthropic pricing (August 2026). Published list prices only — committed-use discounts, regional variation, and per-request charges are not included. Not yet independently re-checked against the vendor’s page.

Questions

What is the best alternative to Claude Fable 5 in 2026?
On blended token price, DeepSeek-V4-Pro is the cheapest comparable option — about 36.8× cheaper than Claude Fable 5. Price is only half the decision: a model that costs 70% less but needs a second attempt on hard prompts is not a saving.
Which alternative is cheapest for output-heavy work?
Rank on the output column rather than the blended figure. Reasoning and agentic loops bill their thinking as output, so a model with cheap input and expensive output can end up the most costly option on the page despite looking competitive here.
Do these alternatives have the same context window?
No — the context column varies by more than 8× across this table. If you are feeding whole documents or codebases, filter on window size first and only then compare price, because a cheaper model that cannot hold your input is not an alternative at all.

Compare Claude Fable 5 directly