A systematic guide to reducing Claude API costs by 60% or more through three main strategies: prompt engineering (trimming system prompts, constraining output format, using assistant prefill), caching (exact-match Redis caching and Anthropic's native prompt caching), and intelligent model routing (directing simple tasks to Haiku instead of Sonnet/Opus). Includes working Python and JavaScript code examples, a 12-item optimization checklist, and a concrete before/after cost breakdown for a 50,000 requests/day workload going from $12,600 to ~$5,040/month.
Table of contents
Table of ContentsPrerequisitesUnderstanding Claude API Token EconomicsPrompt Engineering for Token ReductionExact-Match Caching with RedisIntelligent Model Routing and TieringMeasuring and Monitoring Token UsageToken Savings Calculator and Optimization ChecklistPutting It All Together: Real-World Savings BreakdownKey TakeawaysSort: