Anthropic API Cost Calculator

How much does the Anthropic API cost per month?

Across Anthropic's 11 priced models at 200K calls/month, the cheapest is Claude Haiku 4.5 at $830 per month, verbosity-adjusted rather than list price. The most expensive, Claude Opus 4.1, runs $12,450 per month for the identical call shape.

Verified 2026-08-08

Raw dataset: data.json. Data as of August 2026.

Ranked cost — 200K calls/month

ModelProviderList monthlyEffective monthlyVerbosityRank Δ
Claude Haiku 4.5midAnthropic$830$700
Claude Sonnet 4.6midAnthropic$2,490$2,101
Claude Sonnet 4.5midlegacyAnthropic$2,490$2,101
Claude Sonnet 4midlegacyAnthropic$2,490$2,101
Claude Opus 4.8midAnthropic$4,150$3,4320.96×
Claude Opus 4.7midlegacyAnthropic$4,150$3,502
Claude Opus 4.6midlegacyAnthropic$4,150$3,502
Claude Opus 4.5midlegacyAnthropic$4,150$3,502
Claude Fable 5frontierAnthropic$8,300$7,004
Claude Opus 4.1frontierlegacyAnthropic$12,450$10,506
Claude Opus 4frontierlegacyAnthropic$12,450$10,506

Levers live on Anthropic

Prompt caching — available, guide coming soon
Batch API: up to 50%Model verbosity: up to 94%Context trimming: up to 47%

The billing gotcha

Claude's prompt caching writes and reads are billed separately: the first call that writes a cache entry costs more than an uncached call, and only the reuses after it are discounted. A workload that caches a prefix but calls it once per session pays the write premium every time and never reaches the saving this calculator assumes at the default cache toggle.

Related

Anthropic provider profile →Compare against another provider →Global cost calculator →How to reduce LLM API costs →