Anthropic: Claude Fable 5 vs Mistral: Mistral Nemo
On input price, Mistral: Mistral Nemo is ~344.8× cheaper. Verified 2026-10-21.
Verdict
On blended price (3:1 input:output), Mistral: Mistral Nemo is ~683.8× cheaper ($0.029/$0.030 vs $10.00/$50.00 per 1M tokens).
Pricing
Per-million-token list prices, verified 2026-10-21. Green marks the better value.
| Metric | Anthropic: Claude Fable 5 | Mistral: Mistral Nemo |
|---|---|---|
| Input / 1M | $10.00 | $0.029 |
| Output / 1M | $50.00 | $0.030 |
| Cache read / 1M | $1.00 | — |
| Blended (3:1) | $20.00/1M | $0.029/1M |
| Estimated monthly cost | Anthropic: Claude Fable 5 | Mistral: Mistral Nemo |
|---|---|---|
| Chatbot10,000 reqs · 800/400 tok | $280.00 | $0.35 |
| Coding agent5,000 reqs · 8000/2000 tok | $900.00 | $1.46 |
| RAG pipeline30,000 reqs · 4000/500 tok | $1950.00 | $3.93 |
Plug in your own numbers in the calculator, or paste a real bill into the Bill Shredder.
Specifications & capabilities
| Metric | Anthropic: Claude Fable 5 | Mistral: Mistral Nemo |
|---|---|---|
| Context window | 1M | 131K |
| Max output | 128K | 16K |
| Vision input | ✓ | – |
| Tool calling | ✓ | ✓ |
| Reasoning | ✓ | – |
Quality
Intelligence Index by Artificial Analysis (independent evaluations, 0–100).
Verified intelligence scores aren't available for both models yet. See the full leaderboard.
Performance
Measured by Artificial Analysis on live endpoints.
Speed measurements aren't available for both models yet.
Provider
Infrastructure metrics for the organizations behind these models.
| Metric | Anthropic | Mistral AI |
|---|---|---|
| Listed endpoints | 8 | 10 |
| Reliability | 99.8% | 99.5% |
| Avg latency | 520 ms | 400 ms |
| Pricing tiers | standard, batch | standard, free |
Full details: Anthropic: Claude Fable 5 pricing · Mistral: Mistral Nemo pricing