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Here are the top 5 strategies to reduce your Claude API spend:

  1. Prompt caching — cache repeated context for 90% savings
  2. Use Haiku for simple tasks (classification, extraction)
  3. Batch API — 50% off for async workloads
  4. Compress prompts — remove unnecessary words from system prompts
  5. Output length control — set max_tokens to prevent runaway responses

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Reference:

Prompt caching for cost reduction

image for linkhttps://docs.anthropic.com/en/docs/build-with-claude/prompt-caching

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