Still no reduction in price for models capable of Agentic coding over the past year of releases. I'd take the capabilities of the old Sonnet 3.5v2 model if it was ¼ the price of current Sonnet for most situations. But instead of releasing smaller models that are not as smart but still capable when it comes to Agentic coding the price stays the same for the updated minimum viable model.

They have added prompt caching, which can mitigate this. I largely agree though, and one of the reasons I don’t use Claude Code much is the unpredictable cost. Like many of us, I am already paying for all the frontier model providers as well as various API usage, plus Cursor and GitHub, just trying to keep up.