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When the New York City Transit Authority was created in July 1953, the fare was raised to 15 cents (equivalent to $1.71 in 2023) and a token was issued. In 1970 the fare was raised to 30 cents. This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
A major goal of the formation of the NYCTA was to remove transit policy, and especially the setting of the transit fare, from City politics. The fare was increased to fifteen cents on July 25, 1953, and a token was introduced for paying subway and elevated fares. Bus and trolley fares continued to be paid by cash only.
New York City Subway fares have been increased four times since 2008, with the most recent occurring August 20, 2023, raising single-ride fares from $2.75 to $2.90, express service from $6.75 to $7.00 and the monthly MetroCard fare from $116 to $132.
The Metropolitan Transportation Authority announced Wednesday it will test new fares for New York City Transit to increase ridership and reduce costs and uncertainty for public...
Unlimited OMNY Subway, Bus Fare Taps Start After 12 Trips: MTA - New York City, NY - The long-awaited fare capping pilot starts Feb. 28 and will last at least four months, along with $5 in-city ...
NEW YORK — MetroCard bonuses are set to disappear in April under a fare hike plan the MTA Board approved Wednesday. The plan keeps the base subway and bus fare at $2.75 but will eliminate the 5 ...
The Metropolitan Transportation Authority (MTA) operates 80 express bus routes in New York City, United States. Express routes operated by MTA Bus Company are assigned multi-borough ( BM , BxM , QM ) prefixes.
The MTA may be on better financial footing through 2024 thanks for an influx of federal funding, but transit officials won't commit to holding off on fare increases beyond 2021. (Yassie...
As of August 2023, nearly all fares are paid by MetroCard or OMNY. As of August 2023, the base fare is $2.90 (inflation adjusted same as in 1932). Fares can be paid with most credit or debit cards using the OMNY readers, with a reusable MetroCard, or with single-use tickets.
OMNY can currently be used to pay fares at all New York City Subway and Staten Island Railway stations, on all MTA buses, AirTrain JFK, Metro North 's Hudson Rail Link, and on the Roosevelt Island Tram; when completely rolled out, it will also replace the MetroCard on Bee-Line buses, and NICE buses.