MTA fare hike: Here's everything you need to know
Your MetroCard is going to get a little pricier this weekend, as the MTA’s sweeping 2013 fare hike kicks in Sunday.
Under the new fare system, monthly unlimited MetroCards will rise to $112, an $8 increase. Weekly cards will cost a dollar more at $30, and the base fare for a single ride will increase by a quarter to $2.50. The pay-per-ride bonus will drop to 5% from 7%, but will kick in at $5 instead of the current $10.
The hike, which follows increases in 2008, 2009 and 2011, is expected to raise $450 million yearly for the agency. Another hike is expected in 2015.
Here’s everything you need to know:
-- Monthly unlimited ride MetroCard rises to $112 from $104
-- Weekly unlimited ride card rises to $30 from $29
-- Base fare for subways and buses rises to $2.50 from $2.25
-- Pay-per-ride bonus drops to 5% from 7%, but kicks in at $5 instead of the current $10
-- A $1 fee will be charged every time you purchase a new MetroCard
-- Ticket prices will rise start Friday between 7.1% and 15.3%, depending on ticket type and distance traveled. The increase on each ride is limited to 75 cents.
Bridges and tunnels
-- New rates on the seven bridges and two tunnels the MTA runs will start 2 a.m. on Sunday. For most crossings, tolls will rise to $5.33 from $4.80 for E-ZPass customers and to $7.50 from $6.50 for cash customers.
Follow reporter Tim Herrera on Twitter: @tim_herrera