NYC Transit Fares and Tolls to Increase Amid MetroCard Transition

TL;DR Summary
New York City's transit system approved a fare and toll increase, with the subway and bus base fare rising by 10 cents to $3, and the MetroCard being phased out in favor of a contactless payment system, to help fund operations amid rising costs. The fare hike is modest compared to other US transit agencies, and the MetroCard will no longer be sold after December 31, 2023, but can still be used into 2026.
Topics:business#metrocard-end#mta-fare-increase#new-york-city-transportation#nyc-transit-fare-hike#omny-contactless-payment#transportation
- NYC’s Transit System Raises Fares, Tolls as MetroCard End Nears Bloomberg.com
- MTA board approves proposed fare hikes for subway, bus commuters in NYC ABC7 New York
- MTA slams commuters with fare hike months after congestion, pricing sparking outrage: ‘You guys are pathetic’ New York Post
- It Will Soon Cost More to Ride the Subway and Bus in New York The New York Times
- MTA approves LIRR fare and toll hikes Newsday
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 5 min read
Condensed
91%
865 → 74 words
Want the full story? Read the original article
Read on Bloomberg.com