CTA Proposes First Fare Hike in Seven Years
The Chicago Transit Authority's 2026 budget includes a 25-cent fare hike on bus and rail, marking the first increase in seven years.
The proposed budget has $2.23 billion in spending, up $130 million from 2025, despite facing significant shortfalls. The fare hikes include:
- A 25-cent increase on bus and rail fares
These increases will mark the first fare hike since 2018, with fares remaining roughly 15% lower in real terms compared to seven years ago due to not keeping pace with inflation.
Despite higher spending, the agency expects to face a $112 million deficit even after raising fares. The CTA's ridership, while seeing recent increases, still lags far behind pre-pandemic levels, with 2025 ridership expected to hit 321 million, just 70% of pre-pandemic levels.
Illinois' comeback story starts here.
Author's summary: CTA proposes fare hike in 2026 budget.
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