Comments on: A three-dollar fare?! A three-dollar fare?!

By: Prepping for a $2.50 ride :: Second Ave. Sagas | A New York City Subway Blog

Thu, 19 Mar 2009 05:13:48 +0000

[...] these numbers are the same as those from November. At the time, the MTA hinted that fares could cover only half of the projected deficit. The other [...]

By: Second Ave. Sagas | A New York City Subway Blog » Blog Archive » » Pondering a zone system with $3 fares looming

Tue, 23 Dec 2008 06:13:06 +0000

[...] in November, when The Daily News first reported on the looming three-dollar fare, I figured someone in a position of power would act before things got that desperate. But as the [...]

By: Second Ave. Sagas | A New York City Subway Blog » Blog Archive » » The fare side of the Doomsday scenario

Wed, 19 Nov 2008 06:16:14 +0000

[...] fare hikes that will compliment the service reductions. While Neuman doesn’t mention the reported $3 base fare, he tosses around a 23 percent fare hike across the board. [...]

By: Todd

Todd — Fri, 14 Nov 2008 01:30:41 +0000

Skip, I love the idea, but knowing the MTA, it’d probably cost 200 million to install new machines.

By: Skip Skipson

Skip Skipson — Thu, 13 Nov 2008 18:35:34 +0000

Another thought: You know those kiosks where you swipe to see how much money is on your card or show you when your card expires?

If the MTA wants to show the public average fare of ones unlimited Metrocard, they should make the following change to the display

Card Expires: XX/XX/XXXX Last Used XX/XX/XXXX
30 day unlimited Value: $81
Rides to date: 65
Avg cost per ride: $1.24

By: Alon Levy

Alon Levy — Thu, 13 Nov 2008 17:04:18 +0000

I think that’s only applicable if you itemize. Those of us who have to take the standard deduction don’t get a dime from this tax exemption.

By: Duke87

Duke87 — Thu, 13 Nov 2008 16:30:23 +0000

I think I’d actually like $2.50 a ride with a 12.5% bonus on the pay per ride. Then it would only take 20 bucks to not have extra change left over on the card, rather than the 40 that the current system takes. *stabs metrocard which currently has $1.00 sitting on it* $3.00 would be no good since you can’t make that go in evenly to anything you can pay with a single bill.

By: R2

R2 — Thu, 13 Nov 2008 14:30:09 +0000

And through tax savings due to TransitChek, as one example (or that you can reduce taxable income by up to $115), I wonder how much lower this figure would be? Perhaps in the range of $1.31 cited by Ben?

And yes, only recently has the MTA attempted to explain that adjusted for inflation, our fares are flat/lower than pre-1997 when people lived in “two-fare zones” (paying subway AND bus).

By: NYC Subway MetroCards $3 to Fix $600M MTA Budget Deficit? | StationStops

NYC Subway MetroCards $3 to Fix $600M MTA Budget Deficit? | StationStops — Thu, 13 Nov 2008 13:35:34 +0000

[...] SecondAvenueSaga’s Ben Kabak says the NY Daily News is being alarmist , inferring the base MetroCard fare will go to $3 a ride, but concedes that the MetroCard is a very likely target an that $2.50 is a very real possibility. [...]

By: Alon Levy

Alon Levy — Thu, 13 Nov 2008 06:23:04 +0000

The New York Times ran an article about it a few months ago:

http://www.nytimes.com/2008/07.....ocard.html

“A truer picture, Mr. Hirsch said, is given by a further analysis that shows that, on average, holders of the 30-day pass make 56 linked trips a month. With the cost of a 30-day pass at $81, that results in an average fare of $1.45.”