New York City Subway and Bus Fares May Increase MTA fare hikes go into effect this weekend. (Credit: Spencer Platt/Getty Images)

Another MTA fare hike is in store for New Yorkers beginning this weekend. Prices are going up for all New York City subways and buses, as well as tolls for bridges and tunnels and fares for the Long Island Railroad and Metro-North.

Beginning 12 a.m. on Sunday, the price of a single subway or bus ride will go up from $2.25 to $2.50. A monthly MetroCard will go up from $104 to $112. A 7-day unlimited MetroCard will cost $30, up from $29. The pay-per-ride bonus discount is also being reduced, from 7 percent to 5 percent.

For express buses, the cost of one ride goes up from $5.50 to $6.00. The 7-day express bus plus MetroCard will cost $55, up from $50.

 

Higher tolls also go into effect on Sunday, with tolls at most bridges and tunnels going up from $4.80 to $5.33 for E-ZPass customers, and from $6.50 to $7.50 for those paying cash.

Long Island Railroad and Metro-North customers will have to shell out more money beginning Friday, with fares increasing by between 8.2 percent and 9.3 percent.

The MTA announced the fare hike proposals in October, citing need for additional revenue to fill its budget deficit.

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