Polarison
Prices verified November 11, 2026

Claude Fable 5.2 vs Gemini 4 Carbon: pricing and benchmarks

Gemini 4 Carbon is 75% cheaper on input tokens ($2.00 vs $8.00 per 1M). Gemini 4 Carbon is 75% cheaper on output tokens ($10.00 vs $40.00 per 1M). On our document Q&A workload (50,000 questions a month), Gemini 4 Carbon costs $1,100 a month versus $4,400 for Claude Fable 5.2, 75% less. Epoch AI has not published a capability index score for Claude Fable 5.2 and Gemini 4 Carbon yet.

Anthropic

Claude Fable 5.2

Input / 1M
$8.00
Output / 1M
$40.00
Capability (ECI)
—
GoogleLower blended cost

Gemini 4 Carbon

Input / 1M
$2.00
Output / 1M
$10.00
Capability (ECI)
—

Which should you choose?

Overall capability
Too close to call

Epoch AI has not published a capability index score for Claude Fable 5.2 and Gemini 4 Carbon yet.

Price
Gemini 4 Carbon

Gemini 4 Carbon costs $4.00 per 1M tokens (3:1 input-to-output mix) vs $16.00 for Claude Fable 5.2, 75% less.

Pricing and specs

Claude Fable 5.2Gemini 4 Carbon
ProviderAnthropicGoogle
API model IDclaude-fable-5-2gemini-4-carbon
Input / 1M tokens$8.00$2.00
Cached input / 1M tokens$0.20$0.10
Output / 1M tokens$40.00$10.00
Long-context rates——
Context window1M tokens1.05M tokens
Max output128K tokens66K tokens
Batch discount50% off50% off

Monthly cost for real workloads

WorkloadClaude Fable 5.2Gemini 4 CarbonDifference
Support chatbot
100,000 replies a month, ~1,500 input tokens (system prompt + history) and ~400 output tokens each.
$2,800$700.00Gemini 4 Carbon 75% cheaper
Document Q&A (RAG)
50,000 questions a month with ~8,000 tokens of retrieved context and ~600 output tokens each.
$4,400$1,100Gemini 4 Carbon 75% 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.
$1,816$468.00Gemini 4 Carbon 74% cheaper
Cached chatbot
The same 100,000-reply support chatbot, but 60% of each prompt (system prompt + conversation history) is served from the prompt cache.
$2,098$529.00Gemini 4 Carbon 75% cheaper
Meeting notes
10,000 meetings a month summarized from ~12,000-token transcripts, ~1,000 output tokens each.
$1,360$340.00Gemini 4 Carbon 75% cheaper
Bulk translation
200,000 short translations a month, ~800 input and ~800 output tokens each.
$7,680$1,920Gemini 4 Carbon 75% cheaper
Content moderation
1,000,000 classifications a month, ~400 input tokens and ~80 output tokens each.
$6,400$1,600Gemini 4 Carbon 75% cheaper
Article drafting
300 long-form articles a month written from a ~4,000-token brief and outline, ~5,000 output tokens each.
$69.60$17.40Gemini 4 Carbon 75% cheaper
Code review bot
30,000 pull-request reviews a month, ~5,000 input tokens each (30% cached repository context) and ~700 output tokens.
$1,689$424.50Gemini 4 Carbon 75% cheaper
Invoice extraction
100,000 documents a month parsed into structured JSON, ~1,200 input and ~250 output tokens each.
$1,960$490.00Gemini 4 Carbon 75% 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.

Interactive Estimator

Claude Fable 5.2 vs Gemini 4 Carbon 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 5.2 pricing notes

Anthropic’s newest Fable model for demanding reasoning and long-horizon agentic work, priced below Fable 5.1.

  • Cache hits cost 2.5% of the base input price ($0.20 per 1M tokens).
  • Cache writes cost $10 (5-minute cache) or $16 (1-hour cache) per 1M tokens.
  • Fast mode costs $16 input / $80 output per 1M tokens.
  • US-only inference (inference_geo: "us") costs 1.1x.
Anthropic official pricing ↗

Gemini 4 Carbon pricing notes

Google’s most capable reasoning model, for sustained agentic coding, multimodal knowledge work and scientific reasoning.

  • Introductory price through November 30, 2026. From December 1, 2026: $4 input, $0.20 cached, $20 output per 1M tokens.
  • Not available on the Gemini API free tier.
  • Output price includes thinking tokens.
  • Max output is 65,536 tokens by default and up to 1,048,576 with long decode.
  • Implicit caching only; explicit context caching is not supported.
  • Priority inference costs 1.8x the standard rate.
Google official pricing ↗

Frequently asked questions

Is Claude Fable 5.2 cheaper than Gemini 4 Carbon?
Gemini 4 Carbon is 75% cheaper on input tokens ($2.00 vs $8.00 per 1M). Gemini 4 Carbon is 75% cheaper on output tokens ($10.00 vs $40.00 per 1M). On our document Q&A workload (50,000 questions a month), Gemini 4 Carbon costs $1,100 a month versus $4,400 for Claude Fable 5.2, 75% less.
Which is more capable, Claude Fable 5.2 or Gemini 4 Carbon?
Epoch AI has not published a capability index score for Claude Fable 5.2 and Gemini 4 Carbon yet.
How much does Claude Fable 5.2 cost per 1M tokens?
Claude Fable 5.2 costs $8.00 per 1M input tokens and $40.00 per 1M output tokens, and $0.20 per 1M cached input tokens on Anthropic’s standard tier.
How much does Gemini 4 Carbon cost per 1M tokens?
Gemini 4 Carbon costs $2.00 per 1M input tokens and $10.00 per 1M output tokens, and $0.10 per 1M cached input tokens on Google’s standard tier.
Which has the larger context window, Claude Fable 5.2 or Gemini 4 Carbon?
Gemini 4 Carbon has the larger context window: 1.05M tokens versus 1M for Claude Fable 5.2.

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