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Haiku 4.5 vs Fable 5

Input / MTok$1 vs $10
Output / MTok$5 vs $50
Context window200K vs 1,000K
Min cacheable prefix4,096 vs 512 tokens
Effort levelsnone vs low, medium, high, xhigh, max

The full span of the current lineup in one comparison

These two sit at opposite ends of the current lineup on every axis — price, capability, and thinking behaviour — and a workload genuinely torn between them is unusual; most tasks are clearly better served by one or the other rather than sitting in a genuine grey zone between them. Haiku 4.5 has no effort parameter and no thinking of its own to speak of in the same sense; Fable 5 runs extensive thinking on every single request with no way to turn it off.

Why this pairing is more useful as a sanity check than a real decision

If you find yourself genuinely uncertain between these two specifically, that's usually a sign the task itself needs re-scoping rather than a sign the models are close in suitability — a task simple enough for Haiku 4.5 to be a candidate is very unlikely to also need Fable 5's ceiling, and the reverse. Revisit what the task actually requires before treating this as a close call.

See Opus 5 vs Haiku 4.5 and Opus 5 vs Fable 5 for the more commonly relevant comparisons on either side of this wide gap, and the model picker for a recommendation grounded in your actual task rather than a direct extreme-to-extreme comparison.

Verified 2026-08-08 against ClaudeHow facts module (src/data/facts/) — see /about/#accuracy.