The MTA says it's considering raising the fares for commuters in the New York City area yet again. Here are the proposed increases: Subway and bus fares rise 10 cents from $2.90 to $3 Express bus fare rises 25 cents from $7 to $7.

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 cost of a subway, bus or paratransit trip could hit $3 next year under proposed fare and toll increases unveiled Wednesday by the MTA. The proposed 10-cent bump on single-ride New York City Transit trips would be the first since the price of a single ride went up to $2.