The MTA says it's considering raising the fares for commuters in the New York City area yet again. Here are the proposed increases: Express bus fare rises 25 cents from $7 to $7.25 One-way peak tickets for Long Island Rail Road and Metro-North jump by as much as 4.4% Officials say there are incentives under this new proposal.

New York City subway and bus fares are expected to go up to $3 on Jan. 4, MTA officials announced during the agency’s monthly board meeting Wednesday. With a full transition to OMNY, the MTA announced it would also eliminate the 30-day unlimited fare option, making the seven-day fare cap the only way to get unlimited rides.

The base fare was supposed to increase next month. But, the transition to the new OMNY tap and pay system delayed the normal fare increase schedule.