Port Authority Plans Fare Hike as Service Expands
A single trip on the PATH train is expected to become even more expensive over the next four years, with officials announcing a fare increase of $1 by 2029. The current $3 fare will rise by 25 cents in spring 2026 and another quarter each year until it reaches $4.
This decision comes as the Port Authority board prepares to approve the plan next month, following elections on both sides of the Hudson River that highlighted affordability concerns. As New Jersey Gov-elect Mikie Sherrill vows to tackle rising costs, a similar commitment from New York City mayor-elect Zohran Mamdani is seen in efforts to rein in MTA costs.
However, the fare hike will coincide with expanded service and improvements. By 2026, trains on the Journal Square-33rd St via Hoboken line will run every 10 minutes between 10 a.m. and 9 p.m., up from current intervals of 20 minutes. Morning rush-hour trains to the World Trade Center will operate more frequently, with 10 trains per hour.
Additionally, service to weekend destinations like Hoboken and the World Trade Center will begin in May, offering an alternative to weekday travel. Weekend trains will run on a schedule of every 10-15 minutes between 10 a.m. and 9 p.m., starting from March 2027.
Increased tolls for drivers are also expected, as the agency phases out off-peak discounts offered through E-ZPass systems. This change is forecast to generate an additional $75 million annually. Furthermore, fees for taxis and ride-hailing services at regional airports will be raised.
The fare hike represents a significant increase in costs, especially considering that two-thirds of the Port Authority's budget is funded by corporate leasing fees. A new capital plan aims to upgrade airports, build a new bus terminal, and improve PATH trains, with a total investment of $45 billion - significantly lower than the MTA's current five-year plan of $68 billion.
By 2027, officials hope that these improvements will not only enhance travel options but also increase revenue from reduced discounts.
A single trip on the PATH train is expected to become even more expensive over the next four years, with officials announcing a fare increase of $1 by 2029. The current $3 fare will rise by 25 cents in spring 2026 and another quarter each year until it reaches $4.
This decision comes as the Port Authority board prepares to approve the plan next month, following elections on both sides of the Hudson River that highlighted affordability concerns. As New Jersey Gov-elect Mikie Sherrill vows to tackle rising costs, a similar commitment from New York City mayor-elect Zohran Mamdani is seen in efforts to rein in MTA costs.
However, the fare hike will coincide with expanded service and improvements. By 2026, trains on the Journal Square-33rd St via Hoboken line will run every 10 minutes between 10 a.m. and 9 p.m., up from current intervals of 20 minutes. Morning rush-hour trains to the World Trade Center will operate more frequently, with 10 trains per hour.
Additionally, service to weekend destinations like Hoboken and the World Trade Center will begin in May, offering an alternative to weekday travel. Weekend trains will run on a schedule of every 10-15 minutes between 10 a.m. and 9 p.m., starting from March 2027.
Increased tolls for drivers are also expected, as the agency phases out off-peak discounts offered through E-ZPass systems. This change is forecast to generate an additional $75 million annually. Furthermore, fees for taxis and ride-hailing services at regional airports will be raised.
The fare hike represents a significant increase in costs, especially considering that two-thirds of the Port Authority's budget is funded by corporate leasing fees. A new capital plan aims to upgrade airports, build a new bus terminal, and improve PATH trains, with a total investment of $45 billion - significantly lower than the MTA's current five-year plan of $68 billion.
By 2027, officials hope that these improvements will not only enhance travel options but also increase revenue from reduced discounts.