Jan
30

Another Chicago Expense on the Rise

January 30, 2012

Everything is more expensive these days. Chicago-area residents’ electric, gas, water and sewer rates are going up; food prices rose between 4 and 7 percent around the area last year; Chicago gas prices are at an all-time high for this time of year.

Even if you abandon your gas guzzler and choose a Metra train for transportation you’re going to be dishing out more: Metra fares are going up on Wednesday, February 1.

While it’s the first general fare increase in four years, it’s also the largest one in Metra’s 27-year history.

The fare hike means that the average passenger will be paying 25 to 30 percent more to ride the Metra, and residents who live further into the city will be digging even deeper.

Among the Metra fare changes:

*One-way tickets will increase an average of 15.7 percent, will be valid for only 14 days instead of a year and will no longer be refundable.

*10-ride tickets will surge an average of 30 percent and will cost a rider 10 tickets for the price of nine, rather than 10 for the price of eight.

*Monthly passes will jump an average of 29.4 percent and will be valid through the end of the month instead of noon on the first day of the next month.

Think you were smart by stockpiling the old-priced Metra tickets? Nice try. All one-way and 10-ride tickets purchased from November 12, 2011 through January 31, 2012 will now expire on February 29, 2012.

We are dealing with increases in the cost of living, eating and traveling. At least there’s one thing metro Chicago real estate owners are saving money on right now: There hasn’t been much need for snow-removal services this winter.

To see all the Metra fare changes, visit metrarail.com.

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Tracey

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