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NYC slice costs more than a subway swipe for first time - The News Pig

NYC slice costs more than a subway swipe for first time

A slice now prices greater than a swipe.

That breaks the “pizza precept,” a New York Metropolis financial principle that holds that the value of a bit of cheese pizza and a single experience on the subway rise collectively, staying the identical worth.

The standard price of a daily slice is now $3.14, nicely above the subway’s $2.75 fare, Bloomberg reported.

And with Gov. Hochul dedicated to conserving the fare frozen in the intervening time and inflation exhibiting no indicators of abating, the hole might widen additional.

The pair of metropolis necessities have risen roughly in lockstep for the reason that Nineteen Fifties, Bloomberg mentioned.

However the worth of a slice is now above $3 in each borough, for the primary time ever, Bloomberg mentioned — lowest in Brooklyn ($3.06) and highest in Manhattan ($3.26).

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