Commuting can be stressful and time consuming, but it seems no matter how you slice it it’s always expensive.
Even buying a monthly discounted rail ticket, it costs $5,100 a year to trek back and forth from the Hamilton train station to New York City.
With that in mind, it may come as a relief to commuters that NJ Transit will not be upping their fares in 2013. The Board of Directors recently approved a $1.904 billion operating budget and a $1.152 billion capital program for the 2013 fiscal year, which began on July 1, 2012, according to a press release from the company.
Fares account for $894.2 million, which is nearly half, of the operating budget. The remainder is drawn from about $109.8 million in commercial revenues, $363 million in capital transfers, and $536.9 million in state operating assistance and other state and federal