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'Not Gonna Fly': Low-Income NYers Priced Out by MTA Fare Hike, Advocates Say

NEW YORK CITY, JUL 30 – Farebox revenue funds 26% of the MTA's $19.9 billion budget as fares rise to $3 and MetroCard sales end with transition to OMNY in January 2026.

  • The MTA plans to raise the subway and bus fare from $2.90 to $3 on January 4, 2026, following a delay of six months.
  • This increase is part of a biennial 4% fare hike cycle that started after the 2008 financial crisis and requires a public hearing and board vote this fall.
  • The MTA will fully transition to the OMNY tap-and-go system by early 2026, eliminating the 30-day unlimited pass and increasing the weekly fare cap to $36.
  • Express bus fares will rise from $7 to $7.25, commuter rail fares by 4.4%, and bridge and tunnel tolls by 7.5%, with fare-capping extended to express bus riders at $67 weekly.
  • The fare increases aim to address inflation and revenue goals while officials emphasize maintaining transit affordability amid rising housing costs and propose improving low-income fare programs.
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AM New York broke the news in New York, United States on Wednesday, July 30, 2025.
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