Comparison

Claude Fable 5 vs Mistral Large 3

Per input token, Mistral Large 3 runs 95% cheaper than Claude Fable 5. Mistral Large 3 is 97% cheaper on output tokens. Claude Fable 5 offers a cheaper cached-input tier for repeated context.

FieldClaude Fable 5
Mistral Large 3
ProviderAnthropicMistral AI
Context window1M
Max output128K
Input / 1M$10.00$0.5095% cheaper
Output / 1M$50.00$1.5097% cheaper
Cached input / 1M$1.00
Batch discount50%50%
Release date2026-06-09

Worked cost examples

Estimated monthly cost on three common usage shapes

WorkloadClaude Fable 5Mistral Large 3

Chatbot

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

$1,800$70.00cheaper

RAG pipeline

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

$2,850$121.50cheaper

Batch summarization

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

$1,375$61.25cheaper

Claude Fable 5 vs Mistral Large 3 FAQ

Is Claude Fable 5 cheaper than Mistral Large 3?
Claude Fable 5 costs $10.00 per 1M input tokens versus $0.50 for Mistral Large 3 — Mistral Large 3 is 1900% cheaper per input token.
Which is cheaper for output tokens, Claude Fable 5 or Mistral Large 3?
Claude Fable 5 charges $50.00 per 1M output tokens; Mistral Large 3 charges $1.50 per 1M output tokens.
Do Claude Fable 5 and Mistral Large 3 offer cache pricing?
Claude Fable 5 discounts cached input to $1.00 per 1M tokens. Mistral Large 3 has no documented cache discount.

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