Citi Bike has informed its riders that prices will go up next year, citing the impact of inflation on the bike-share system's bottom line.
amNY Sports email newsletterCiti Bike has informed its riders that prices will go up next year, citing the impact of inflation on the bike-share system’s bottom line.
The cost of an annual membership will rise next month by just shy of 11%, from $185 to $205, while the base fee for a single trip will bump 12.5% from $3.99 to $4.49. Day passes will see the biggest jump, a 26% upswing from $15 to $19. Citi Bike’s “equity” membership for low-income New Yorkers will stay at $5 per month, but per-minute charges for e-bikes will rise for those members from 5 to 6 cents per minute. E-bike fees for members will go up from 15 to 17 cents per minute, and for non-members, the charge will increase from 23 to 26 cents.
Lyft, the rideshare giant which owns the 30,000-vehicle bike share program, known for its distinctive blue two-wheelers, informed members of the price increase in an email on Thursday. “Our team is made of passionate riders who use the system daily,” said Lyft spokesperson Jordan Levine in a statement. “We are all committed to working with our city partners and doing our best to provide world-class service, create enhanced value for members, and increase equitable access for clean transportation options, while running a financially sustainable system.”
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