M.T.A. Proposes Raising Bus and Subway Fares to $2.90 by Summer’s End
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The Metropolitan Transportation Authority on Monday proposed raising the base fare for a single New York City subway, bus or paratransit ride 5 percent, to $2.90 from $2.75 — the first increase to the base fare since 2015.
The proposal would raise the cost of a seven-day MetroCard 3 percent, to $34 from $33, and the cost of a 30-day MetroCard would go up 4 percent, to $132 from $127, their first increases since 2019. Fares for express bus service, the Long Island Rail Road and Metro-North Railroad would also rise, as would tolls at the authority’s bridges and tunnels.
If the authority’s board approves the increases, which are expected to generate $305 million a year in revenue, they would take effect no later than Labor Day, officials said.
Source: The New York Times
