On Wednesday, December 18th, 2024, the MTA voted to approve another fare hike that would increase the price of a single subway ride to $3, as part of the $19.9 billion 2025 budget. It would take effect in August if it gets final approval.
The MTA explained commuters can assume a 4% increase to subway fares by then, and another 4% increase come 2027, reflecting a systematic approach to fare adjustments.
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