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Chile approves public transport fare hike for July
Statement from the Public Transport Panel of Experts
This is an automated translation of the press release issued in Spanish
The Panel of Public Transportation Experts, using the powers granted to it by Law No. 20,378 that establishes the National Subsidy for Public Transportation, has determined an increase of $20 for the month of July. Likewise, by virtue of the calculation formula, an increase of $10 will be generated in both the student and senior rate, while the Maximum Monthly Amount will also vary until reaching $40,000.
This increase applies to subsidized Bus, Metro and Train Nos-Estación Central services in the 36 communes of the city of Santiago where it operates. The new values will come into force at 00:00 on Sunday, July 14, 2024.
According to what was indicated by the panel, the rate adjustment responds to the review of the increase in costs of elements of the rate indexer, highlighting among them the price of oil, the value of the dollar, inflation, among others.
Finally, it is worth remembering that the fare freeze has accumulated a mismatch between the fare and the real price of the ticket of $240, generating a permanent cost. This amount is financed through the Public Transportation subsidy.
Adult Bus Rate | $750 (seven hundred fifty pesos) |
Metro Valley Rate | $770 (seven hundred and seventy pesos) |
Peak Metro Rate | $850 (eight hundred fifty pesos) |
Low Metro Fare | $690 (six hundred ninety pesos) |
Valley Trains Fare | $770 (seven hundred and seventy pesos) |
Peak Train Rate | $850 (eight hundred and fifty pesos) |
Low Train Fare | $690 (six hundred ninety pesos) |
Middle and Higher School | $250 (two hundred and fifty pesos) |
Basic School | $0 (zero pesos) |
Integrated Senior Adult Rate | $370 (three hundred and seventy pesos) |
Metro Senior Adult Rate | $250 (two hundred and fifty pesos) |
Maximum Monthly Amount | $40,000 (forty thousand pesos) |
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