MTA Approves Plan to Hike Fares Again
Just a day after commuters faced delays on several subway lines, the MTA has approved a plan to hike MetroCard fares again.
As expected, the MTA Board voted in favor of a measure Thursday that will increase the base MetroCard fare from $2.50 to $2.75 on both subway trains and buses. Weekly cards will increase from $30 to $31 and monthly cards will increase from $112 to $116.50.
While increasing the base fares, the plan will increase the bonuses for using the pay-per-ride MetroCard from 5% for every $5 spent to 11% for every $5.50 spent.
The fare hike will is set to take effect March 22. The MTA notes that there is also a chance for another fare hike in 2017.
Since everyone knows the price of a pizza slice in NYC mirrors the cost a swipe on the MTA, does this mean we'll have to pay more for our pizza too?
Sign up here for our daily NYC email and be the first to get all the food/drink/fun New York has to offer.
Tony Merevick is Cities News Editor at Thrillist and wishes he didn't have to be the bearer of such news today. Follow him on Twitter @tonymerevick.