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He says it costs about $132 per hour for the CTA to operate a bus. Therefore, Freemark figures, in order to cover the full cost of its operations over a single hour, one bus would have to earn $132 per hour at the farebox. That covers costs for the driver, gas, administration, and maintenance. (Again, it leaves out capital costs, such as the bus itself.) With a full fare set at $2 per person (or $2.25 if you pay cash) a CTA bus would seemingly need just 66 passengers to come aboard during that hour in order for that bus to break even. But in 2013, the average rider only paid about a dollar per trip.
The price more than doubles beginning today from $2.25 to $5 between the airport and downtown, but people using a Chicago Card avoid the higher fare. CTA officials hope to collect about $4 million more through the end of the year. 10,000 riders will use Blue Line trains on an average weekday. Filed in: News.