Citi Bike is raising its prices again, marking the fifth consecutive year New York City bike-sharing will become more expensive. Starting January 5, 2026, the bike-share service, operated by Lyft, will increase the price of e-bike and classic bike overage fees to 27 cents per minute for members. Annual memberships will also rise roughly nine percent, or $20, to $239, effective January 28. The company cited fleet expansion across the five boroughs and rising costs from tariffs as reasons for the price hikes.
In January 2025, Citi Bike raised fees from 24 cents to 25 cents per minute for Citi Bike and Lyft members, and from 36 cents to 38 cents per minute for non-members. The price of single-ride passes and day passes also rose to $4.99 and $25, respectively, as 6sqft previously reported.
The year prior, Citi Bike had raised prices for annual memberships, unlock fees, e-bike charges, and overtime fees. That increase was followed by another price hike for e-bikes in July 2024, attributed to “higher than anticipated battery swapping, insurance, and vehicle expenses.”
Now, the company says these adjustments are necessary to “manage increased operational expenses” and offset the impact of rising tariffs. Citi Bike also cited the continued expansion of the network, including 250 planned stations across the Bronx, Queens, and Brooklyn, as well as equipment upgrades, as contributing factors.
These are the new price changes, according to Citi Bike’s website:
Member Pricing Changes
- Annual memberships will increase to $239/year, effective January 28, 2026. For members who receive a subsidized membership through their employer through Citi Bike for Business, memberships will be $191/year, 20 percent off the annual price.
- E-bike fees and classic bike overage fees in NYC will increase to $0.27 per minute.
- E-bike fees and classic bike overage fees in NJ will increase to $0.23 per minute.
- Fee cap will increase to $5.40 for 45-minute-or-less e-bike rides that enter or exit Manhattan.
Reduced Fare Bike Share Member Pricing Changes
- No change in monthly memberships ($5 per month).
- E-bike fees will increase to $0.14 per minute.
- Classic bike overage fees will increase to $0.27 per minute.
Non-Member Pricing Changes
- E-bike fees and classic bike overage fees in NYC will increase to $0.41 per minute.
- E-bike fees and classic bike overage fees in NJ will increase to $0.35 per minute.
Members will continue to avoid the $4.99 unlock fee and enjoy unlimited 45-minute classic bike rides. They will also retain 60 free e-bike minutes per year, five free unlocks for friends or family, and benefit from a 33 percent per-minute discount compared to non-members.
Transit and bike advocacy groups have criticized the upcoming rate increases, highlighting how rapidly rising prices are affecting many New Yorkers who rely on the service.
“Citi Bike moves New York City. Millions of people ride a Citi Bike every year, and tens to hundreds of thousands rely on it to travel every day, but rates have skyrocketed over the past few years — making it out of reach for too many,” Ben Furnas, executive director of Transportation Alternatives, said in an official statement.
“Biking should be an easy, safe, and affordable option for everyone—and demand shows New Yorkers want more bike share—but too many New Yorkers can’t afford to move around their own city.”
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