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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.
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 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...
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 Liow/Patch)
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 ...
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.
As of August 2023, the base fare is $2.90. Fares can be paid with most credit or debit cards using the OMNY readers, with a reusable MetroCard, or with single-use tickets. The MTA offers 7-day and 30-day unlimited ride programs that can lower the effective per-ride fare significantly.
Fares begin at US$3.00 and increase based on the distance traveled and time spent in slow traffic. The passenger also must pay for tolls incurred during the ride. [89] The average cab fare in 2000 was US$ 6.00; over US$ 1 billion in fares were paid that year in total.
The new OMNY fare-payment system was implemented across the subway between 2019 and 2020, The MTA announced in 2022 that it would install platform screen doors at three stations, and it reached a legal settlement the same year, agreeing to make 95 percent of subway and Staten Island Railway stations wheelchair-accessible by 2055.