Anthropic. Pricing model: Hybrid (base + usage), Per token. Value metric: Per 1M input/output tokens, with cache-write and cache-hit rates; Per seat per month with session/weekly usage limits; Enterprise is seat fee plus usage at API rates.
At a glance
| Company | Anthropic |
|---|---|
| What it does | Claude apps (Free, Pro, Max, Team, Enterprise) |
| Pricing model | Hybrid (base + usage), Per token |
| Value metric | Per 1M input/output tokens, with cache-write and cache-hit rates; Per seat per month with session/weekly usage limits; Enterprise is seat fee plus usage at API rates |
| Free tier | Free: $0. Chat on web/desktop/mobile, web search, files, code execution, memory, connectors, Artifacts, Claude Design/Slides/Docs.; None for production use. |
| Pricing page | claude.com/pricing · platform.claude.com/docs/en/about-claude/pricing |
Plans and prices
Prices as published on Anthropic's pricing page, checked 27 October 2026. They change often; check the live page before you rely on them.
Claude apps (Free, Pro, Max, Team, Enterprise)
| Plan | Price | Billing | What you get |
|---|---|---|---|
| Pro | $20 monthly / $17 per month annual ($200 upfront) | per user | At least 5x Free usage per 5-hour session; Claude Code, Projects, Claude in Chrome and Microsoft 365 |
| Max 5x | $100 | monthly | 5x Pro usage; priority access; $100/month API credits on Claude Platform |
| Max 20x | $200 | monthly | 20x Pro usage; $200/month API credits |
| Team Standard | $20 annual / $25 monthly | per seat, 2-150 seats | Claude Code and Cowork, SSO, central billing, up to $500/month pooled API credits |
| Team Premium | $100 annual / $125 monthly | per seat | 5x a Standard seat's usage; mix and match with Standard |
| Enterprise | $20 per seat + usage at API rates | per seat per month, billed annually, 20-seat minimum | SCIM, audit logs, compliance API, spend limits per user and org |
Usage component. Pro/Max/Team: usage resets every 5 hours plus weekly caps. Max can buy extra usage at API rates. Enterprise usage is metered at API token rates on top of the $20 seat.
How credits/tokens work. Max plans include monthly API credits ($100/$200) for building on the Claude Platform. Team includes up to $500/month pooled API credits. Enterprise admins set user and org spend limits.
Claude API
| Plan | Price | Billing | What you get |
|---|---|---|---|
| Claude Fable 5.1 / Mythos 5.1 | $10 in / $50 out (cache hit $0.25) | per 1M tokens | Top tier |
| Claude Opus 5.5 | $4 in / $20 out (cache hit $0.20; 5-min cache write $5) | per 1M tokens | Flagship Opus |
| Claude Sonnet 5.5 | $2 in / $10 out (cache hit $0.10) | per 1M tokens | Mid-tier workhorse |
| Claude Haiku 5.5 | $0.10 in / $0.50 out up to 100K-token prompts; $0.50 / $2.50 above 100K | per 1M tokens | Small model, priced by prompt length |
Usage component. Batch API 50% off input and output. Web search $10 per 1,000 searches plus tokens. Code execution free with web search/fetch, otherwise 1,550 free hours/month then $0.05 per container-hour.
How credits/tokens work. Prepaid credits or invoiced. Prompt caching: 5-minute writes at 1.25x input, 1-hour writes at 2x, cache hits at roughly 5% of input. 1M-token context at standard price for Claude 4.6 and later (except Haiku 5.5).
What changed in 2025–2026
28 Jul 2025: weekly limits announced for Pro and Max, effective 28 Aug 2025, targeting the <5% of users running Claude Code 24/7 or sharing accounts. 2025 to H1 2026: Enterprise was quote-only (reported $60-150/seat). By Sep 2026 Enterprise moved to a published $20 seat plus API-rate usage. Team premium seats at $100/$125 with 5x usage. Oct 2026: Claude Security billed at token cost with up to $25k/month free credits for two months through 31 Dec 2026.
Opus pricing fell from $15/$75 (Opus 4/4.1) to $5/$25 (Opus 4.5 onward) to $4/$20 (Opus 5.5). Sonnet fell from $3/$15 (Sonnet 4.x) to $2/$10 (Sonnet 5/5.5). A new top tier (Fable/Mythos) launched at $10/$50.
What you can steal
Pricing
Anthropic split the seat into an access fee and a metered usage line, which keeps the entry price low while heavy users pay their real cost. If a few power users are eating your margin, add a weekly cap and a paid overflow before you raise everyone's price.
Pricing
The same capability level keeps getting cheaper, so any AI feature priced on today's model cost will look overpriced in 12 months. Price on customer value and treat falling input costs as margin you earn back over time.
Sources
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Robert Coorey, MBA
Robert is the author of The Subscription Playbook and Feed a Starving Crowd and a Director at BPAG Accountants in Sydney. More about Robert.