On Sunday, March 22, at 12:01 a.m., for the fifth time since 2008, the MTA is raising fares. On the one hand, the agency is attempting to overcome years of institutional deflation following the introduction of the unlimited ride cards that left today’s average fare lower in inflation-adjusted dollars than it was in 1996. On the other hand, New Yorkers are facing fare hike fatigue, and it’s unlikely to stop until Albany steps in as the MTA has budgeted for biennial hikes to align roughly with inflation for the foreseeable future. In advance, I’ve answered some frequently asked questions. Let’s dive in.
So what’s the new fare anyway?
It’s complicated. (It always is.) For the second hike in a row, the per-swipe cost is going up. One swipe will now deduct $2.75 from your MetroCard, and there’s an 11% bonus on all purchases above $5.50. The cost per ride for pay-per-ride cards then comes out to $2.48.
I’m not very good at math. What’s 11% of $2.75 and how do I find even amounts?
Have no fear; the MTA’s MetroCard Calculator is here. The key number to remember is $22.30. That’ll get you an even number of rides with the bonus and without any leftover amount. I’m sure we’ll see countless articles about this on various aggregator websites. It’s not that exciting.
How about the unlimiteds?
The 7-day card will cost $31, up a buck, and the 30-day card will jump to $116.50, up $4.50. For those who buy 7-day cards, the breakeven point is 13 rides per week, and for 30-day cards, the breakeven point is 48. If you ride 13 times or more in 7 days or 48 times or more in 30 days, you should be spending on unlimited cards and not pay-per-rides cards. Those totals are down considerably from where they were a few years ago.
Can I stockpile MetroCards?
While I remember stockpiling tokens as a kid with my parents in advance of each fare hike, the MTA no longer allows New Yorkers to hoard underpriced MetroCards. You can spend as much as you want now on pay-per-ride cards, and that money won’t expire. But if you buy a card on Saturday, you must activate it by March 29 to get full value, and you must begin using seven-day cards by April 4 and 30-day cards by April 27 to get any value.
Unused cards can be sent back to the MTA for a refund of the purchase price. Cards that you use in between that grace period gap will shut off at the end of the time period, and you can mail them back to the MTA for a pro-rated refund. For 7-day cards, that’s $4.29 per unused day, and for 30-day cards, that’s $3.73 per day. The refunds generally take around three weeks to process. (For example, if you activate a 30-day card on March 31, it will work until April 27. You can then mail it back for a refund of $7.46.)
I can’t believe there’s another fare hike. What can I do to stop it?
Complain to your legislators; write to Governor Cuomo. Ultimately, the politicians are in charge of transit policy and funding, and if they’re not going to step in, they deserve to hear all about it.
With that, let’s get to the good stuff. After the jump, weekend service charges for 13 subway lines. Read More→