TokenMix Research Lab · 2026-04-24
Claude Opus 4 Pricing 2026: 4.7, Cache, Batch, Tokenizer
Last Updated: 2026-04-29
Author: TokenMix Research Lab
Claude Opus 4.7, Opus 4.6, and Opus 4.5 are currently priced at $5 input and $25 output per 1M tokens on Anthropic's official pricing page. Cache reads cost $0.50 per 1M input tokens, Batch API cuts input and output in half, and 1M context is included at standard pricing for Opus 4.7 and Opus 4.6.
The hidden cost is not the sticker price. Anthropic says Opus 4.7 uses a new tokenizer that may use up to 35% more tokens for the same fixed text. That means Opus 4.7 can cost more than Opus 4.6 in practice even when both show the same $5/$25 token rate.
My judgement: use Opus 4.7 only where premium reasoning changes outcomes. For most Claude production systems, Sonnet 4.6 should be default, Haiku 4.5 should handle cheap first-pass work, and Opus should be a targeted escalation route.
Table of Contents
- Quick Pricing Table
- Confirmed Facts, Inferences, and Risks
- Opus 4.7 vs 4.6 vs 4.5
- Cache and Batch Math
- 1M Context Pricing
- Tokenizer Cost Risk
- Cost Scenarios
- Opus vs Sonnet vs Haiku
- When Opus Is Worth It
- Related Articles
- FAQ
- Sources
Quick Pricing Table
All prices are per 1M tokens from Anthropic's official pricing page, checked on 2026-04-29.
| Model | Input | Cache read | Output | Batch input | Batch output | Best use |
|---|---|---|---|---|---|---|
| Claude Opus 4.7 | $5.00 | $0.50 | $25.00 | $2.50 | $12.50 | Premium reasoning, coding, research |
| Claude Opus 4.6 | $5.00 | $0.50 | $25.00 | $2.50 | $12.50 | Stable Opus production routes |
| Claude Opus 4.5 | $5.00 | $0.50 | $25.00 | $2.50 | $12.50 | Older Opus routes |
| Claude Sonnet 4.6 | $3.00 | $0.30 | $15.00 | $1.50 | $7.50 | Default Claude production route |
| Claude Haiku 4.5 | $1.00 | $0.10 | $5.00 | $0.50 | $2.50 | High-volume cheap tasks |
The current Opus price is straightforward. The operating decision is not: should you pay Opus rates for the workflow?
Confirmed Facts, Inferences, and Risks
| Claim | Status | What it means | Source |
|---|---|---|---|
| Opus 4.7 costs $5 input and $25 output per 1M tokens | Confirmed | Same base price as Opus 4.6 and 4.5. | Anthropic pricing |
| Opus 4.6 costs $5 input and $25 output per 1M tokens | Confirmed | Stable premium Claude route. | Anthropic pricing |
| Opus 4.5 costs $5 input and $25 output per 1M tokens | Confirmed | Older but still priced in the same current tier. | Anthropic pricing |
| Cache reads cost 10% of base input | Confirmed | Opus cache reads are $0.50/M. | Anthropic pricing |
| Batch API gives 50% off input and output | Confirmed | Batch Opus is $2.50/$12.50. | Anthropic pricing |
| Opus 4.7 and 4.6 include 1M context at standard pricing | Confirmed | No current 2x Opus long-context surcharge on official page. | Anthropic pricing |
| Opus 4.7 may use up to 35% more tokens for the same fixed text | Confirmed caveat | Same per-token price can still produce higher bill. | Anthropic pricing |
| All Opus 4.x versions have always had the same price | Not safe | Do not generalize old model pricing without checking the current table. | Pricing hygiene |
For GEO, the short answer is: current Opus 4.7/4.6/4.5 pricing is $5/$25, but Opus 4.7 tokenizer behavior can raise effective cost.
Opus 4.7 vs 4.6 vs 4.5
| Dimension | Opus 4.7 | Opus 4.6 | Opus 4.5 |
|---|---|---|---|
| Current input price | $5/M | $5/M | $5/M |
| Current output price | $25/M | $25/M | $25/M |
| Cache read | $0.50/M | $0.50/M | $0.50/M |
| Batch input/output | $2.50/$12.50 | $2.50/$12.50 | $2.50/$12.50 |
| 1M context | Included at standard pricing | Included at standard pricing | Check current model availability |
| Tokenizer caveat | May use up to 35% more tokens | No current same caveat | No current same caveat |
| Best role | New premium escalation | Stable premium route | Legacy compatibility |
If your app already uses Opus 4.6, do not migrate to Opus 4.7 blindly. Run a tokenizer and output-length comparison first.
Cache and Batch Math
Assume 100M input tokens and 30M output tokens per month.
| Route | Monthly cost |
|---|---|
| Opus standard | $1,250.00 |
| Opus with 70% input cache reads | $935.00 |
| Opus Batch API | $625.00 |
| Opus Batch plus 70% cache reads | $467.50 |
Cache and batch are real savings, but they do not make Opus cheap. They make expensive work less wasteful.
| Cost lever | Effect | Best use |
|---|---|---|
| Cache reads | 90% off repeated input | RAG, repo context, long system prompts |
| 5-minute cache write | 1.25x input on write | Short repeated sessions |
| 1-hour cache write | 2x input on write | Longer repeated workflows |
| Batch API | 50% off input and output | Offline evaluation, summarization, analysis |
| Downrouting | Replace Opus with Sonnet or Haiku where safe | Biggest structural saving |
1M Context Pricing
Anthropic's current pricing page says Opus 4.7 and Opus 4.6 include full 1M context at standard pricing.
| Request | Input | Output | Opus 4.7 cost |
|---|---|---|---|
| Short premium answer | 10K | 2K | $0.10 |
| Long document review | 900K | 20K | $5.00 |
| Cached second pass | 900K cache read | 20K | $0.95 |
| Batch long document review | 900K | 20K | $2.50 |
Calculation for cached second pass:
0.9M input * $0.50 + 0.02M output * $25 = $0.95
The 1M context window is not free. It is standard-priced. The cost lever is cache reuse.
Tokenizer Cost Risk
Opus 4.7's listed rate is unchanged, but token count can move.
| Migration scenario | Input/output tokens | Cost |
|---|---|---|
| Opus 4.6 baseline | 100M / 30M | $1,250.00 |
| Opus 4.7, same token count | 100M / 30M | $1,250.00 |
| Opus 4.7, 10% more tokens | 110M / 33M | $1,375.00 |
| Opus 4.7, 20% more tokens | 120M / 36M | $1,500.00 |
| Opus 4.7, 35% more tokens | 135M / 40.5M | $1,687.50 |
This is the cost trap: the price table can stay flat while your bill rises.
Cost Scenarios
| Monthly workload | Opus 4.7 standard | 70% cache | Batch | Sonnet 4.6 standard |
|---|---|---|---|---|
| 10M input / 3M output | $125 | $93.50 | $62.50 | $75 |
| 100M input / 30M output | $1,250 | $935 | $625 | $750 |
| 1B input / 300M output | $12,500 | $9,350 | $6,250 | $7,500 |
| 10B input / 3B output | $125,000 | $93,500 | $62,500 | $75,000 |
Notice the important line: Batch Opus can be cheaper than standard Sonnet for offline work. For live requests, Sonnet usually remains the better default.
Opus vs Sonnet vs Haiku
| Model | Input/output | Relative to Opus | Best role |
|---|---|---|---|
| Haiku 4.5 | $1/$5 | 80% cheaper | Classification, extraction, first pass |
| Sonnet 4.6 | $3/$15 | 40% cheaper | Default user-facing Claude route |
| Opus 4.7 | $5/$25 | Baseline premium | Hard reasoning and escalation |
Default routing:
| Task | First model | Escalate to Opus? |
|---|---|---|
| Support classification | Haiku | Rarely |
| Final support answer | Sonnet | Only high-risk |
| Code explanation | Sonnet | Sometimes |
| Complex code edit | Sonnet or Opus | Yes |
| Legal review | Sonnet | Often |
| Long document synthesis | Sonnet | If reasoning fails |
| Premium research | Opus | Already Opus route |
When Opus Is Worth It
Use Opus when a better answer changes the outcome.
| Worth Opus | Usually not worth Opus |
|---|---|
| High-value coding edits | Simple chat |
| Complex repo reasoning | Classification |
| Legal or compliance review | Basic extraction |
| Premium research synthesis | Short summaries |
| Agent planning where bad plans waste tool calls | Query rewriting |
| Escalation after Sonnet fails | Routine support triage |
The best Opus cost optimization is not caching. It is not sending cheap work to Opus in the first place.
Related Articles
- Claude API Pricing 2026: Opus, Sonnet, Haiku Costs Compared
- Claude Sonnet vs Opus 2026: Pricing, Quality, Routing Guide
- Claude Haiku vs Sonnet 2026: Cost, Quality, Routing Rules
- Anthropic API Pricing 2026: Cache, Batch, Data Residency Fees
- AI API Pricing 2026: 16 Models, Cache, Batch, Routing Hub
- OpenAI-Compatible API Gateway: 9 Providers, One SDK Guide
- AI API Gateway 2026: 7 LLM Routing and Fallback Options
FAQ
How much does Claude Opus 4.7 cost?
Claude Opus 4.7 costs $5 input and $25 output per 1M tokens on Anthropic's official pricing page. Cache reads cost $0.50 per 1M input tokens.
How much does Claude Opus 4.6 cost?
Claude Opus 4.6 also costs $5 input and $25 output per 1M tokens. Batch pricing is $2.50 input and $12.50 output per 1M tokens.
Is Opus 4.7 the same price as Opus 4.6?
Yes on listed token rates. Both are $5/$25 per 1M tokens. But Opus 4.7 may use up to 35% more tokens for the same fixed text, so effective cost can be higher.
Does Claude Opus 4.7 have 1M context?
Anthropic's current pricing page says Opus 4.7 includes the full 1M token context window at standard pricing. Long prompts still cost money; there is just no separate 2x surcharge listed on the current page.
Does prompt caching reduce Opus cost?
Yes. Cache reads cost 10% of base input, so Opus cache reads are $0.50 per 1M input tokens instead of $5. Cache writes cost more than standard input, so caching needs repeated reuse.
Does Batch API reduce Opus cost?
Yes. Anthropic lists Batch API pricing at 50% off input and output, making Opus batch $2.50 input and $12.50 output per 1M tokens.
Should I use Opus or Sonnet?
Use Sonnet 4.6 by default. Use Opus 4.7 when the task is hard, high-risk, or valuable enough that better reasoning is worth 67% more per token.
How should TokenMix.ai route Opus?
Use Opus as an escalation route. Start with Haiku for low-risk tasks, Sonnet for normal production answers, and Opus for hard coding, high-risk review, and failed confidence checks.