Mta Fare Increase History 2024 Elections. Since 2010, the mta has largely stuck to a schedule of raising fares every other year. The most recent fare hike occurred in 2023, when the base nyc transit fare was bumped up 15 cents, from $2.75 to $2.90.

Drone spotted over brooklyn dreams charter school, senate. With the additional state funding, the mta lowered its proposed fare rate increase to generate a 4 percent annualized increase in farebox revenue, compared with the 5.5 percent proposal.