Well it’s that time again…..the MTA has once again raised the cost of a MetroCard, by 25 cents. Meaning, a single ride will go from $2.50 to $2.75.
But the news gets worse. The weekly MetroCard will go up an entire $1 from $30 to $31, while the monthly MetroCard will increase from $112 to $116.50.
As someone that’s a full time student, and works, I rely heavily on the MTA. And while 25 cents or a whole $1 doesn’t sound much, it adds up!!! A good chunk of my paycheck will now be going to the MTA……then again that’s probably exactly what they want. They obviously don’t have the people’s best interest in mind, with all these increases.
But wait, the MTA has blessed us with so called “good” news. Bonuses will increase to 11 percent for every $5.50 spent!!! Currently, riders get 5% bonus for every $5 spent. Now doesn’t that make up for ANOTHER fare hike….
The hike will take effect on March 22, so we have a little over a month to get ready and start preparing our wallets.
At this point, I think it’ll just be easier to buy a car….