Look At These Ridiculous Numbers

claude-code
token-economics
api-pricing
ai-costs
developer-tools
Two months of Claude Code usage and what it would’ve cost me at API rates
Author

T. Brian Jones

Published

January 11, 2026

I ran out of Claude Code credits and fell down a rabbit hole. Here’s the damage.

What I Actually Used (8 weeks)

This is raw token consumption across models. Note: 92% of those tokens are “cache reads” which I’ll explain in a sec.

Model Input Output Cache Read Cache Write Total
Opus 4.5 950,860 2,588,991 1,358,438,079 122,308,882 1,484,286,812
Sonnet 4.5 201,228 4,151,480 684,762,875 50,804,886 739,920,469
Opus 4.1 708 67,469 6,475,584 464,816 7,008,577
Haiku 4.5 96 139 266,580 67,004 333,819
TOTAL 1,152,892 6,808,079 2,049,943,118 173,645,588 2,231,549,677

Yes, 2.2 billion tokens. But here’s the thing: every message you send in Claude Code includes the ENTIRE conversation history. So the context gets re-sent constantly. Prompt caching means if it’s already been sent, you pay 10% of normal price. That’s what “cache read” means. It’s how this doesn’t bankrupt everyone.

What That Would’ve Cost at API Rates

Using Anthropic’s published pricing (January 2025):

Model Input Output Cache Read Cache Write Total
Opus 4.5 $14.26 $194.17 $2,037.66 $2,293.29 $4,539.39
Sonnet 4.5 $0.60 $62.27 $205.43 $190.52 $458.82
Opus 4.1 $0.01 $5.06 $9.71 $8.72 $23.50
Haiku 4.5 $0.00 $0.00 $0.02 $0.07 $0.09
TOTAL $14.87 $261.51 $2,252.82 $2,492.59 $5,021.80

I paid $200 (two months of the $100 Max plan). API equivalent: $5,021.80. That’s a 25x value multiplier.

If You Maxed Out the Subscription

This is the wild part. Anthropic publishes weekly usage limits. If you used every single hour they allow:

Plan Monthly Cost Maxed API Equivalent Value Multiplier
Max 5x $100 ~$20,750 ~208x
Max 20x $200 ~$33,500 ~168x

I’m apparently using about 12% of what the plan allows. Someone grinding harder than me is getting 200x value.

Anthropic is either losing money on power users, betting inference costs drop fast, or both. Either way: good deal.