This is an all-Anthropic comparison, with Claude Fable 5.1 (Xhigh, Default Fallback) on one side and Claude Haiku 5.5 (Max) on the other. The figures come from tracked catalogue data, not from our own testing, so treat them as a starting point for a trial on your tasks. Cost is where they split the most, with Claude Haiku 5.5 Max working out at about 1% of Claude Fable 5.1 Xhigh's blended rate.
What they cost
Per million tokens, Claude Fable 5.1 Xhigh charges $10.00 for input and $50.00 for output, while Claude Haiku 5.5 Max charges $0.10 and $0.50. Claude Fable 5.1 Xhigh costs 100 times as much per output token.
A reference job of 1 million input tokens and 200,000 output tokens costs $20.00 with Claude Fable 5.1 Xhigh and $0.20 with Claude Haiku 5.5 Max, so Claude Haiku 5.5 Max saves $19.80. Scale it up to a chat app with 50,000 sessions of 800 input and 300 output tokens and the bill is $1,150 for Claude Fable 5.1 Xhigh against $11.50 for Claude Haiku 5.5 Max.
Release timing
Claude Fable 5.1 Xhigh came first, on September 1, 2026; Claude Haiku 5.5 Max followed on October 7, 2026. They are effectively contemporaries.
How the intelligence index compares
On the intelligence index, Claude Fable 5.1 Xhigh scores 50.0 against 36.5 for Claude Haiku 5.5 Max. This is a substantial lead, not a near miss.
Among 109 active scored models, Claude Fable 5.1 Xhigh sits 18th and Claude Haiku 5.5 Max 37th.
The catalogue does not yet split either model's score into coding and math indexes.
Is the price in proportion?
Dividing the blended price by the intelligence index gives a rough cost per point: $0.40 for Claude Fable 5.1 Xhigh and $0.0055 for Claude Haiku 5.5 Max, per million tokens. So Claude Fable 5.1 Xhigh buys its higher score at a premium, while Claude Haiku 5.5 Max is the value pick, paying 99% less per point.
Speed and latency
Once a response is under way, Claude Fable 5.1 Xhigh produces roughly 61 tokens per second against 233 tokens per second for Claude Haiku 5.5 Max. Claude Haiku 5.5 Max is ahead by 280% on throughput. Before any text appears, Claude Fable 5.1 Xhigh takes 98 seconds and Claude Haiku 5.5 Max 4.6 minutes. On total time, Claude Fable 5.1 Xhigh wins at ordinary lengths; Claude Haiku 5.5 Max's higher throughput only pays off beyond about 15,000 tokens. A first-token wait of that length suits background work better than live conversation.
For a 600-token response, first token plus generation comes to roughly 108 seconds on Claude Fable 5.1 Xhigh and 4.7 minutes on Claude Haiku 5.5 Max.

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