Subway Fare Hike OK'd By MTA, Takes Effect In August

NEW YORK CITY — Riding the subway or hopping on a bus in New York City is about to cost $2.90.

MTA board members Wednesday unanimously approved a 15-cent hike to the base fare for subways and buses.

The fare hike — which will take effect on or about Aug. 20 — is the first such increase in seven years.

Janno Lieber, the MTA's chair and CEO, said the hike could have been much higher, and paired with dramatic service cuts, if not for recent help from state lawmakers.

"Instead of that catastrophic scenario, thanks to the governor and the state legislature, we're voting on a 4 percent fare increase," he said.

"And it's a resumption of the historic pattern of small fare increases every second year."

Board members also approved prices increases for ride passes, commuter railroad tickets and tolls.

Seven-day unlimited ride passes will increase to $34, while 30-day passes will be $132.

A list of fare changes approved can be found here.

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