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Re:Re: (erielack) Suburban Fares Then and Now

How come the inflation rate doesn't work on my income, only on my outgo?

Randy Brown
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 The true test is to factor in the inflation rate



  ----- Original message -----
  From: "EL Mail List" <erielack_@_lists.railfan.net>
  To: "erielack‎" <erielack_@_lists.railfan.net>
  Subject: (erielack) Suburban Fares Then and Now
  Date: Jul 30, 2011 2:39 PM


  Once state agencies REALLY got involved with
  running suburban passenger service -- after Congress
  legislated Conrail out of the business -- fares began
  to climb.

  In 1963 an EL Morristown-Hoboken rider paid $1.45
  one-way or $30.75 for a monthly. In 2003 the fares
  from Morristown were $6.90 for a one-way and $193.00
  for a monthly. Today they’re $10.25 one-way and
  $291.00 for a monthly.

  tommy meehan



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