NYC Congestion Pricing Generates $48.6M in First Month, Reduces Traffic

The toll system, aimed at cutting Manhattan gridlock and funding subway repairs, reports early success despite political opposition.

New York City's congestion pricing program raised $48.6 million in its first month, aligning with revenue projections.
The initiative has reduced traffic in the congestion zone by 7.5% to 10%, with 1.2 million fewer vehicles entering the area in January 2025 compared to the previous year.
Rush-hour travel times across bridges and tunnels improved by up to 30%, while pedestrian and cyclist safety increased significantly, with a 51% drop in injuries during the program's early days.
Revenue from the $9 toll is allocated to fund critical upgrades to the city's aging subway system, which serves 3.6 million daily riders.
Despite concerns from opponents, business districts in the toll zone saw an increase in visitors, including a 17% rise in Broadway attendance compared to January 2024.