MTA officials said on Wednesday that subway and bus fares will likely not increase until January 2026.
The increase is expected to jump from $2.90 to $3 for subway and bus rides. A 12-trip base fare cap will increase from $34 to $36.
Meanwhile, express buses are likely to increase by a quarter to $7.25 per ride.

With the MetroCard set to go the way of the dodo this December, the agency is also retiring the all 7-day, 30-day and Express Bus Plus unlimited passes, which officials described as an ending to the era of “use-it-or-lose-it.”
Proposed toll increases for bridges and tunnels are also being considered, with most MTA crossings potentially rising from $6.94 to $7.46 with EZPass.
The MTA board will vote on the full fare and toll plan this fall, preceded by a slate of public hearings.
Later this year, the new OMNY Card fee will jump from $1 to $2. No changes will be made to the congestion pricing base toll of $9.
This is a developing story; check with amNY.com for further updates.
