Toronto's monthly transit pass the 5th most expensive in the world, study finds
Toronto fares beat only by those in London, New York, Sydney and Dublin
Torontonians pay some of the highest prices in the world for a monthly public transit pass, according to a study from a European moving company.
Movinga contacted transport offices around the world to find out the cost of a monthly public transit pass.
Only London, Dublin, Sydney and New York City are more expensive than Toronto, with a month on the London tube — the most expensive city — totalling $153.58 US, or nearly $200 Cdn.
- TTC riders say 10-cent fare hike means paying more for less
- TTC Riders lash out at mayor's call for transit cutbacks with cheeky tweets
Of the 89 cities surveyed, the cheapest monthly average is found in Cairo, Egypt, ($13.98 Cdn) followed by Hanoi, Vietnam ($18.59 Cdn).
Toronto's monthly rate is listed in the study as $103.07 US, or about $136 Cdn. A Toronto Metropass costs $146.25, but Movinga told CBC News that the $10 difference in the study is the result of "fluctuating exchange rates."
Movinga also published a chart showing the top 15 most expensive cities, all shown in U.S. currency.