In New York, reports state that the prices for subway fares will increase from $2.25.

The MTA chairman stated:

“The base fare probably will go up because if it doesn’t go up it has a huge impact on the people who take the monthly passes and the discounted fares”

NY Post reports the plans that were released last week:

One of those plans featured a $112 monthly MetroCard, a $30 weekly, and kept the bonus rate for pay-per-ride plans at seven percent for purchases over $10.

The other plan with the higher base rate included a $109 monthly MetroCard, a $29 seven day pass and axed the discount on pay-per-ride purchases over $10