Report: Steep Monthly MetroCard Hike On The Way
NEW YORK (CBS 2) — Commuters who ride the subways are likely to suffer sticker shock when they hear the latest proposed fare hikes for MetroCards.
According to the Daily News, the MTA is considering hiking the cost of the monthly MetroCard from its current $89 to a whopping $130.
That’s a lot steeper than the preliminary hike to $104 for the monthly card the agency proposed last month.
The weekly MetroCard could also soar to $38 from $27 and the base fare could go up a quarter to $2.50.
The paper said the MTA unveiled the higher figure to give it wiggle room ahead of upcoming public hearings on the matter.