Starting today, subway and bus fares have officially risen from $2.75 to $2.90. It is the first fare hike since 2019 and the first increase in the base subway and bus fares since 2015.
Express bus fares are now $7, up from the current $6.75. And 7-day unlimited-ride MetroCards are up to $34 from the current $33, while 30-day unlimited MetroCards now cost $132 from the current $127. 7-Day Express Bus Plus MetroCards have risen to $64 from the current $62.
For the MTA, this fare increase is worth approximately $305 million.
“Rather than having massive fare increases whenever the MTA hits a financial wall, we should have incremental and predictable, 2%-a-year fare increase. We’re going back to that, that’s predictable for our riders and it’s a small bite,” MTA Chairman Janno Lieber said of the rising fares.
This wave of increases isn’t the first of the month. On August 6th, tolls on nine MTA bridges and tunnels went up by an average of 5.5% for those who don’t have E-Z Pass.