Claude Opus 4.7 Pricing vs GPT-5.4: Real Cost April 2026
Claude Opus 4.7 Pricing vs GPT-5.4: Real Cost April 2026
Opus 4.7 shipped April 16, 2026 at the same price as Opus 4.6. GPT-5.4 stayed at its late-2025 pricing. On paper, Claude is 1.5–2.5× more expensive per token. In practice, the real cost depends entirely on whether you’re buying API tokens, a subscription, or running agentic loops. Here’s how the math actually works out.
Last verified: April 20, 2026
TL;DR
| Scenario | Cheaper option |
|---|---|
| Per-token API, light use | GPT-5.4 |
| Per-token API, cache-heavy | Tie (cache equalizes) |
| Heavy daily coding | Claude Code Max |
| General ChatGPT-style use | ChatGPT Plus |
| Enterprise with 10K+ users | GPT-5.4 (volume discounts) |
| Agentic workflows (many tool calls) | Claude Code Max |
| Image + video generation | ChatGPT Pro |
| MCP tool use | Claude Code Max |
Raw API pricing
Claude Opus 4.7 (Anthropic)
| Price | $/1M tokens |
|---|---|
| Input | $15.00 |
| Input (cache write) | $18.75 |
| Input (cache hit) | $1.50 |
| Output | $75.00 |
| Vision | +$0.024/image |
GPT-5.4 (OpenAI)
| Price | $/1M tokens |
|---|---|
| Input | $10.00 |
| Input (cached) | $5.00 |
| Output | $30.00 |
| Vision | Included |
GPT-5.4 variants
| Model | Input $/1M | Output $/1M |
|---|---|---|
| GPT-5.4 | $10.00 | $30.00 |
| GPT-5.4-mini | $1.25 | $5.00 |
| GPT-5.4-nano | $0.25 | $1.25 |
Claude variants
| Model | Input $/1M | Output $/1M |
|---|---|---|
| Opus 4.7 | $15.00 | $75.00 |
| Sonnet 4.6 | $3.00 | $15.00 |
| Haiku 4.5 | $0.80 | $4.00 |
Cost per task: real-world scenarios
Scenario 1: Single-file bug fix
Average task: 50K input, 2K output, 1 cache lookup.
| Model | Cost |
|---|---|
| GPT-5.4 | $0.56 |
| Claude Opus 4.7 | $0.90 |
| GPT-5.4-mini | $0.07 |
| Claude Sonnet 4.6 | $0.18 |
GPT-5.4 wins on raw cost. For simple single-file tasks, Sonnet 4.6 or GPT-5.4-mini are both dramatically cheaper and plenty capable.
Scenario 2: Agentic multi-tool workflow (xhigh / high effort)
Long task: 200K input (cached), 20K output, 15 tool calls, 4 cache hits.
| Model | Cost |
|---|---|
| GPT-5.4 high | $1.62 |
| Claude Opus 4.7 xhigh | $2.14 |
| Difference | $0.52 (Opus 4.7 ~32% more) |
On agentic workloads, Opus 4.7 costs more per task — but delivers ~10 percentage points higher success rate. The cost of a failed task (human time to clean up) usually dwarfs the $0.52 difference.
Scenario 3: Prompt-caching heavy, repeated pipeline runs
Repeated runs where 95% of input is cached:
| Model | Cost per run |
|---|---|
| Claude Opus 4.7 | $0.34 |
| GPT-5.4 | $0.42 |
| Claude Sonnet 4.6 | $0.08 |
Anthropic’s 90% cache discount beats OpenAI’s 50% cache discount. For pipelines with heavy context reuse, Claude becomes cheaper.
Subscription pricing (April 2026)
Anthropic
| Plan | Monthly | Included |
|---|---|---|
| Claude Free | $0 | Limited daily messages, Sonnet 4.6 |
| Claude Pro | $20 | Opus 4.7 with limits, Claude Code Pro |
| Claude Max | $100 | Higher Opus 4.7 limits, Claude Code Max |
| Claude Team | $25/user (min 5) | Shared workspace, admin |
| Claude Enterprise | Custom | SSO, DPA, higher limits |
OpenAI
| Plan | Monthly | Included |
|---|---|---|
| ChatGPT Free | $0 | GPT-5.4-mini, limited GPT-5.4 |
| ChatGPT Plus | $20 | GPT-5.4 with limits, Codex, GPT-image-1 |
| ChatGPT Business | $30/user | Team features, admin |
| ChatGPT Pro | $200 | Unlimited GPT-5.4, Codex async, Sora 3 |
| ChatGPT Enterprise | Custom | SSO, extended context, priority |
Which subscription wins for which use case?
| Use case | Best pick |
|---|---|
| Daily coding, <3 hrs/day | Claude Pro ($20) |
| Daily coding, 4+ hrs/day | Claude Max ($100) |
| General assistant work | ChatGPT Plus ($20) |
| Power user, all workflows | ChatGPT Pro ($200) |
| Image / video generation | ChatGPT Plus or Pro |
| Agentic / Claude Code heavy | Claude Max |
| Teams of 5+ coders | Claude Team |
The break-even math
At what volume does subscription beat API?
Claude Pro ($20/mo) vs Opus 4.7 API
$20 / $2.14 per task ≈ 9 agentic tasks per month to break even. Most serious coders do 200–500 tasks/month — Claude Pro is radically cheaper.
Claude Max ($100/mo) vs Opus 4.7 API
$100 / $2.14 per task ≈ 47 tasks per month to break even. For daily-coding founders, Max pays for itself in the first week.
ChatGPT Plus ($20/mo) vs GPT-5.4 API
$20 / $1.62 per task ≈ 12 tasks per month. Same story — subscription wins for anyone using GPT-5.4 daily.
The hidden cost: tool-call token expansion
Agentic workflows use way more tokens than people estimate. A single “fix this bug” task with a coding agent often looks like:
- 12 tool calls (read file, grep, edit file, run tests, etc.)
- 30K tokens of file content read back
- 8K tokens of tool schemas in context
- 5K tokens of reasoning
- Total: ~100–200K tokens on a medium task
At API rates: $2–5 per task on Opus 4.7, $1–2 per task on GPT-5.4. If you do 100 such tasks a month at API rates, you’re spending $100–500. Claude Code Max at $100/mo is clearly the cheapest path for heavy users.
Pricing trends to watch
What’s likely to change in the next 90 days:
- GPT-5.4 price drop — OpenAI typically drops older-model prices when new ones launch. If Spud / GPT-5.5 ships, expect GPT-5.4 to drop 20–40%.
- Haiku 5 — Anthropic has hinted at a next-gen Haiku. Could price under $1 / $5 per million for near-Sonnet-4.6 quality.
- Opus 4.8 or higher — probably ~90 days out. If Anthropic keeps pricing stable (as with 4.6 → 4.7), Opus tokens stay at current rates.
- Mythos GA pricing — when Mythos leaves preview, expect $20+ input / $100+ output, reflecting the capability jump.
What I actually recommend in April 2026
✅ If you code daily…
Claude Code Max ($100/mo) is the single best value in AI subscriptions. You get Opus 4.7 at xhigh, unlimited within fair use, Claude Code CLI, Skills, Plugins, and Hooks.
✅ If you do general assistant work…
ChatGPT Plus ($20/mo) covers GPT-5.4, image generation, and general ChatGPT ecosystem. Plus Claude Pro ($20) for deeper thinking on important things.
✅ If you build API-based products…
Use Sonnet 4.6 ($3/$15) or GPT-5.4-mini ($1.25/$5) as default, upgrade to Opus 4.7 or GPT-5.4 only for tasks that genuinely need it. The cost difference is 5–10× for ~1.2× quality in most cases.
✅ If you’re a power user…
Claude Max ($100) + ChatGPT Plus ($20) = $120/month and you have both frontiers covered. This is the stack I actually run.
Verdict
Claude Opus 4.7 is more expensive per token than GPT-5.4, but cheaper in practice for heavy coders on Claude Code Max. At $100/month for effectively unlimited xhigh Opus 4.7, it’s the best deal in premium AI right now.
GPT-5.4 stays the better pick for API-based product builders who need lowest cost per request, and ChatGPT Pro ($200) is the best all-around “I use AI for everything” subscription.
Ignore sticker price, compute break-even volume. On anything more than a handful of tasks per week, the subscription side wins — and for agentic coding, Claude Max is the clear winner in April 2026.