Claude Fable 5.2 vs Mercury 2

Price, context window & benchmark comparison

Anthropic

Claude Fable 5.2

Anthropic
$8.00 / $40.00
Input / Output · per 1M tokens
VS
Inception

Mercury 2

Inception
$0.25 / $0.75
Input / Output · per 1M tokens
Compare different models
Anthropic
Inception
Verdict: Mercury 2 is 42.7× cheaper than Claude Fable 5.2 on a typical 3:1 input/output mix. Claude Fable 5.2 has the larger context window (1M vs 128K).
Claude Fable 5.2Mercury 2
Input price / 1M$8.00$0.25
Output price / 1M$40.00$0.75
Blended price (3:1)$16.00$0.38
Cached input / 1M$0.20$0.025
Context window1M128K
Max output128K50K
Intelligence index64.6—
Coding index—31.1
Providers5—
Best provider uptime (30m)100.0%—
Vision inputYesNo
ReasoningYesYes
Tool callingYesYes
Released2026-11-072026-03-04
Retirement—2026-11-08

Cost calculator

FAQ

Which is cheaper, Claude Fable 5.2 or Mercury 2?

Mercury 2 is 42.7× cheaper than Claude Fable 5.2 on a typical 3:1 input/output mix.

Claude Fable 5.2 vs Mercury 2: which has a bigger context window?

Claude Fable 5.2: 1,000,000 tokens. Mercury 2: 128,000 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: Claude Fable 5.2 ≈ $36,000, Mercury 2 ≈ $875.00.

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