It will be the first time subway and bus fares have increased in eight years, brought on by declining ridership due to the pandemic

The price of a subway ride in New York City will officially increase next month from $2.75 to $2.90, as transit costs rise in several US cities.

New York’s Metropolitan Transportation Authority (MTA) board voted to increase the base fares for subways and buses to $2.90 by late August during a Wednesday meeting, the New York Times reported.