Here's How Much Money New York's Congestion Pricing Toll Brought In

Earlier this year, New York City launched its congestion pricing program. It's been a controversial subject since it went into effect on Jan. 5. 

Passenger vehicles entering Manhattan below 60th Street must pay a $9 toll during peak hours. Small trucks and charter buses, meanwhile, are charged $14.40 just to enter Manhattan. 

New York Gov. Kathy Hochul believes this program will reduce congestion in the city streets while also increasing revenue for its subway system.

"State law requires that congestion pricing simultaneously raise money for the MTA and drive down traffic congestion," Hochul said in November 2024. "These are important priorities. I am proud to announce we have found a path to fund the MTA, reduce congestion and keep millions of dollars in the pockets of our commuters."

So far, Hochul's plan has raised an awful lot of money for the MTA.    

According to Bloomberg, the congestion pricing toll in New York City has raised $215.7 million in four months. 

Although this program has proven to be profitable for New York's subway system, the Trump administration has been trying to put an end to it for the past few months. 

Earlier this week, a federal judge granted a temporary restraining order that'll prevent the Trump administration from withholding "federal funds, approvals, or authorizations from New York State or local agencies to enforce compliance."

Hochul applauded Judge Lewis Liman's decision, calling it a "massive victory" for New York. 

"New Yorkers deserve to control our own traffic patterns, keep gridlock off our streets and protect our clean air. We need to make the massive investments necessary to support our transit system and prevent it from falling into disarray and disrepair. Congestion pricing is the right solution to get us there," Hochul said Tuesday.

As of now, New York City's congestion pricing is expected to bring in $500 million this year. That's if it remains intact.