Higher Citi Bike prices take effect in NYC: What to know

The cost to rent a Citi Bike in New York City increased on Monday, marking the fourth straight year the service has hiked its rates.

The fee to rent a non-electric bike for people who do not have a Citi Bike membership increased from $4.79 to $4.99, which comes out to $5.43 after sales tax. The cost to rent an electric Citi Bike also increased.

The price hikes come as Lyft, the for-hire vehicle company that owns Citi Bike, plans to expand the service to new neighborhoods in the Bronx, Brooklyn and Queens next fall. Once that happens, Lyft representatives say the Citi Bike network would include more than 36,000 bikes and 2,400 stations, or about seven times the size of the network when it launched in 2013.

Here's what you need to know about the fare increases, which the company says are meant to keep pace with inflation and e-bike-related costs.

For members

E-bike fees are increasing to 25 cents per minute (up from 24 cents per minute) as are overage fees for both traditional bikes and e-bikes.

The cap for e-bike rides lasting up to 45 minutes and entering or exiting Manhattan is going up to $5. All other e-bike rides are uncapped.

There is no change in the annual membership price of $219.99.

For non-members

Single-ride passes are jumping to $4.99. That rate does not include sales tax, which brings the net cost to unlock a bike to $5.43. When Lyft first took over the service in 2018, the pre-tax cost for non-members to ride was $2.75, the same as the subway fare at the time.

E-bike fees are rising to 38 cents per minute (up from 36 cents per minute) as are overage fees for both traditional bikes and e-bikes.

Beginning on Feb. 3, day passes are going up to $25.

For reduced-fare bike-share members

E-bike fees are increasing to 13 cents per minute, while overage fees for both traditional bikes and e-bikes are rising to 25 cents per minute.

The cap for e-bike rides lasting up to 45 minutes and entering or exiting Manhattan is going up to $5. All other e-bike rides are uncapped.

There is no change in the monthly membership price of $5.

For Lyft Pink All Access members

Both e-bike and overage fees, regardless of bike type, are rising to 25 cents per minute.

The cap for e-bike rides lasting up to 45 minutes and entering or exiting Manhattan is going up to $5. All other e-bike rides are uncapped.

For New Jersey users

Both e-bike and overage fees for New Jersey members are now 21 cents per minute.

Non-members will pay 32 cents per minute for e-bike use and overage fees.

Overage fees for reduced-fare bike-share members are also 21 cents per minute. For those users, e-bike fees are 11 cents per minute.

How many people use Citi Bike?

According to the service's most recent ridership report, nearly 3.7 million Citi Bike trips were taken in November, or about 123,000 per day on average.

More than 80% of those rides were taken by annual members, the report said. The average trip lasted 11 minutes 48 seconds and 1.7 miles.

In all of 2024, Citi Bike recorded more than 45 million rides, according to data shared by Lyft. That was up 25% from 36 million rides in 2023. Most rides on the service now involve e-bikes.