Mta Fare Increase History 2024. The agency approved a 5 percent increase for the cost of a. “eighty percent of our costs are people and pensions.

Beginning in 2024, the authority says it expects the increases to boost the mta’s fare and toll revenue by some $305 million each year—a little less than half of the $690 million the agency. The plan assumes as much as a 4% hike that could.