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Claude Fable 5.1 vs GPT-5.6 Luna: pricing and benchmarks

GPT-5.6 Luna is 98% cheaper on input tokens ($0.20 vs $10.00 per 1M). GPT-5.6 Luna is 98% cheaper on output tokens ($1.20 vs $50.00 per 1M). On our document Q&A workload (50,000 questions a month), GPT-5.6 Luna costs $116.00 a month versus $5,500 for Claude Fable 5.1, 98% less. Claude Fable 5.1 scores 164.5 on the Epoch Capabilities Index vs 156.3 for GPT-5.6 Luna.

Prices verified September 14, 2026.

Which should you choose?

Overall capability
Claude Fable 5.1

Claude Fable 5.1 scores 164.5 on the Epoch Capabilities Index vs 156.3 for GPT-5.6 Luna.

Advanced math
Claude Fable 5.1

Claude Fable 5.1 scores 90.2% on FrontierMath (Tiers 1–3) vs 82.1% for GPT-5.6 Luna.

Price
GPT-5.6 Luna

GPT-5.6 Luna costs $0.45 per 1M tokens (3:1 input-to-output mix) vs $20.00 for Claude Fable 5.1, 98% less.

Best value
Too close to call

A trade-off: Claude Fable 5.1 is 8.2 ECI points more capable but costs 44.4x as much as GPT-5.6 Luna.

Pricing and specs

Claude Fable 5.1GPT-5.6 Luna
ProviderAnthropicOpenAI
API model IDclaude-fable-5-1gpt-5.6-luna
Input / 1M tokens$10.00$0.20
Cached input / 1M tokens$0.25$0.02
Output / 1M tokens$50.00$1.20
Long-context rates$0.40 in / $1.80 out on long-context requests
Context window1M tokens1.05M tokens
Max output128K tokens128K tokens
Batch discount50% off50% off

Benchmarks

Claude Fable 5.1GPT-5.6 Luna
Epoch Capabilities Index164.5156.3
GPQA Diamond· Science reasoning88.8%
FrontierMath (Tiers 1–3)· Advanced math90.2%82.1%
SimpleQA Verified· Factual accuracy70.8%41.0%
ARC-AGI-2· Abstract reasoning90.0%59.5%
DeepSWE· Coding67.2%
APEX-Agents· Agentic work47.4%

Source: Epoch AI, best recorded result per model (CC BY 4.0). A dash means no published score. See all benchmarks

Monthly cost for real workloads

WorkloadClaude Fable 5.1GPT-5.6 LunaDifference
Support chatbot
100,000 replies a month, ~1,500 input tokens (system prompt + history) and ~400 output tokens each.
$3,500$78.00GPT-5.6 Luna 98% cheaper
Document Q&A (RAG)
50,000 questions a month with ~8,000 tokens of retrieved context and ~600 output tokens each.
$5,500$116.00GPT-5.6 Luna 98% cheaper
Coding agent
10,000 agent steps a month, ~40,000 input tokens each (70% read from the prompt cache) and ~2,000 output tokens.
$2,270$53.60GPT-5.6 Luna 98% cheaper

Estimates use standard list prices and ignore cache-write surcharges. Different tokenizers can count the same text differently, so test with your own prompts.

Claude Fable 5.1 vs GPT-5.6 Luna cost calculator

Standard-tier list prices. Long-context rates apply automatically where the provider publishes a threshold. Excludes cache-write surcharges, taxes, batch and volume discounts.

Claude Fable 5.1 pricing notes

Anthropic’s model for demanding reasoning and long-horizon agentic work.

  • Cache hits cost 2.5% of the base input price, versus 10% on other Claude models.
  • Cache writes cost $12.50 (5-minute cache) or $20 (1-hour cache) per 1M tokens.
  • Uses Anthropic’s newer tokenizer, which produces roughly 30% more tokens for the same text.
  • US-only inference (inference_geo: "us") costs 1.1x.
Anthropic official pricing ↗

GPT-5.6 Luna pricing notes

The GPT-5.6 model optimized for cost-sensitive, high-volume workloads.

  • Cache writes are billed at $0.25 per 1M tokens.
  • Fast mode costs 2x the standard rate; Flex costs half.
OpenAI official pricing ↗

Frequently asked questions

Is Claude Fable 5.1 cheaper than GPT-5.6 Luna?
GPT-5.6 Luna is 98% cheaper on input tokens ($0.20 vs $10.00 per 1M). GPT-5.6 Luna is 98% cheaper on output tokens ($1.20 vs $50.00 per 1M). On our document Q&A workload (50,000 questions a month), GPT-5.6 Luna costs $116.00 a month versus $5,500 for Claude Fable 5.1, 98% less.
Which is more capable, Claude Fable 5.1 or GPT-5.6 Luna?
Claude Fable 5.1 scores 164.5 on the Epoch Capabilities Index vs 156.3 for GPT-5.6 Luna.
How much does Claude Fable 5.1 cost per 1M tokens?
Claude Fable 5.1 costs $10.00 per 1M input tokens and $50.00 per 1M output tokens, and $0.25 per 1M cached input tokens on Anthropic’s standard tier.
How much does GPT-5.6 Luna cost per 1M tokens?
GPT-5.6 Luna costs $0.20 per 1M input tokens and $1.20 per 1M output tokens, and $0.02 per 1M cached input tokens on OpenAI’s standard tier.
Which has the larger context window, Claude Fable 5.1 or GPT-5.6 Luna?
GPT-5.6 Luna has the larger context window: 1.05M tokens versus 1M for Claude Fable 5.1.

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