Comparison

Claude Fable 5 vs GPT-5.4 mini

Per input token, GPT-5.4 mini runs 93% cheaper than Claude Fable 5. Output pricing favors GPT-5.4 mini, 91% less per token than Claude Fable 5. Claude Fable 5 has the larger context window than GPT-5.4 mini.

FieldClaude Fable 5
GPT-5.4 mini
ProviderAnthropicOpenAI
Context window1M400K
Max output128K128K
Input / 1M$10.00$0.7593% cheaper
Output / 1M$50.00$4.5091% cheaper
Cached input / 1M$1.00$0.07593% cheaper
Batch discount50%50%
Release date2026-06-092026-03-17

Worked cost examples

Estimated monthly cost on three common usage shapes

WorkloadClaude Fable 5GPT-5.4 mini

Chatbot

800 input / 200 output tokens per request, 100,000 requests/month

$1,800$150.00cheaper

RAG pipeline

6,000 input / 700 output tokens per request, 30,000 requests/month

$2,850$229.50cheaper

Batch summarization

20,000 input / 1,500 output tokens per request, 5,000 requests/month

$1,375$108.75cheaper

Claude Fable 5 vs GPT-5.4 mini FAQ

Is Claude Fable 5 cheaper than GPT-5.4 mini?
Claude Fable 5 costs $10.00 per 1M input tokens versus $0.75 for GPT-5.4 mini — GPT-5.4 mini is 1233% cheaper per input token.
Which is cheaper for output tokens, Claude Fable 5 or GPT-5.4 mini?
Claude Fable 5 charges $50.00 per 1M output tokens; GPT-5.4 mini charges $4.50 per 1M output tokens.
Which has the larger context window, Claude Fable 5 or GPT-5.4 mini?
Claude Fable 5 does, with a 1,000,000-token context window.
Do Claude Fable 5 and GPT-5.4 mini offer cache pricing?
Claude Fable 5 discounts cached input to $1.00 per 1M tokens. GPT-5.4 mini discounts cached input to $0.075 per 1M tokens.

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