Citi Bike prices are increasing this month

January 3, 2024

Photo courtesy of Shinya Suzuki on Flickr

Citi Bike is hiking its prices this month. The popular bike-sharing service operated by Lyft is rolling out its new pricing system in phases in January, with the price of an annual membership jumping from $205 to $219.99 a year starting on January 29. Other increases, including unlock fees, e-bike charges, and extra-time fees, take effect Thursday, January 4.

Citi Bike celebrated its 10th anniversary last year. According to the company, more than 1.4 million riders took nearly 36 million Citi Bike rides in 2023, a new annual record.

The system now includes more than 30,000 bikes and 2,000 stations, quadrupling its fleet from 6,000 bikes and 332 stations when it launched in 2013. As part of the latest expansion, Citi Bike’s fleet will include more than 40,000 bikes.

The company says that the higher prices will help double the size of its electric bike fleet, part of a deal reached with Mayor Eric Adams’ administration this fall.

Here are the price changes according to the Citi Bike website:

New Member Perk

Citi Bike members (including Pink All Access and Reduced Fare Bikeshare) will now receive 60 free e-bike minutes upon every annual renewal. Current members will also receive a prorated number of minutes until their membership renews.

Reduced Fare Bike Share members

No changes to the Reduced Fare Bike Share Program monthly cost.
Extra time fees for rides, beyond the included time of 45 minutes, will increase to $0.20 per minute.
E-bike fees will increase to $0.10 per minute.

Citi Bike annual members

Annual membership will increase to $219.99/year.
Extra time fees for rides, beyond the included time of 45 minutes, will increase to $0.20 per minute.
E-bike fees will increase to $0.20 per minute.
The cap on e-bike rides 45 minutes or less that enter or exit Manhattan will increase to $4.00 (all other e-bike rides are $0.20 per minute and uncapped).

Lyft Pink All Access

No change in the annual membership price.
Extra time fees for rides, beyond the included time of 45 minutes, will increase to $0.20 per minute.
E-bike fees will increase to $0.20 per minute.
The cap on e-bike rides 45 minutes or less that enter or exit Manhattan will increase to $4.00 (all other e-bike rides are $0.20 per minute and uncapped).

Non-member Single Ride

Unlock fee will increase to $4.79.
Extra time fees, for rides beyond the included time of 30 minutes, will increase to $0.30 per minute.
E-bike fees will increase to $0.30 per minute.

Non-member Day Pass