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?