NYC subway and bus fares to increase before Labor Day, first hike in years
- The MTA voted to increase the base fare for subway and bus trips from $2.75 to $2.90, the first hike since 2014.
- The fare hike aims to generate revenue for the financially struggling transit system after ridership losses during the pandemic.
- Advocates argue the increase will disproportionately impact lower-income New Yorkers who rely on public transit.
- In addition to subway and bus fares, LIRR and Metro-North fares will rise 5.5% and bridge/tunnel tolls will increase 6-10%.
- The fare hike comes as subway ridership has rebounded to about 70% of pre-pandemic levels.