The fares on New York City’s subways and buses will increase for the third time in three years Sunday, along with increases to tolls on the MTA’s bridges and tunnels, and fares on the Long Island Railroad and Metro-North.

At 12 a.m. Sunday, the price for a single bus or subway ride will go up 25 cents to $2.50. A monthly MetroCard will cost $112, up from $104, a 7-day MetroCard will cost $30, up from $29, and a 7-day MetroCard will cost $55, up from $50. Unlimited-ride MetroCards purchased before Sunday must be activated by March 10 to keep their full value.

Increased tolls will also go into effect on the MTA’s seven bridges and two tunnels Sunday, with tolls at most crossings rising from $4.80 to $5.33 for E-ZPass customers, and from $6.50 to $7.50 for cash customers.

On Friday, fares on the LIRR and Metro-North for monthly, one-way, round-trip and 10-trip ticket holders will increase between 8.2 and 9.3 percent.

The increases are expected to bring in an additional $450 million a year for the MTA, which was struggling to close its budget deficit even before Sandy caused $5 billion in damage to the system.

(Source: NBC New York)