The new fares for London's buses and Tube (2024)

As more Londoners return to venues and offices around the capital, surely that’ll mean a few more bus and Tube rides, too.

Perfect timing! On March 1, Transport for London’s fares will see the biggest price hike in a decade…

While the (average) 4.8% rise in ticket costs may be inevitable due to the pandemic, it’s useful to know how much you’ll be shelling out for your daily bus journey or Tube trip going forward.

Here are the current prices – and what they’re going up to.

How much does the London Tube cost?

Right now, a single Tube journey in one zone costs £2.40. By March 1, the cost will rise by 10p to £2.50.

How much you’ll need to pay for a single fare or ticket really depends on where you’re going, though. TfL has a single fare finder which will tell you the cost of your planned journey.

Daily caps will rise, too, but again how much by will depend on what zones you need to travel through – and whether you need to travel Anytime or during Off-Peak hours.

For Daily Anytime caps, the change will be as follows:

Zone 1 only: £7.40 currently, rising to £7.70

Zone 1 – 2: £7.40 currently, rising to £7.70

Zone 1 – 3: £8.70 currently, rising to £9

Zone 1 – 4: £10.60 currently, rising to £11

Zone 1 – 5: £12.70 currently, rising to £13

Zone 1 – 6: £13.50 currently, rising to £14.

Weekly caps (covering Monday to Sunday) will also rise, going up to:

Zone 1 only: £37 currently, rising to £38.60

Zone 1 – 2: £37 currently, rising to £38.60

Zone 1 – 3: £43.50 currently, rising to £45.20

Zone 1 – 4: £53.20 currently , rising to £55.20

Zone 1 – 5: £63.30 currently, rising to £65.70

Zone 1 – 6: £67.70 currently, rising to £70.30.

The more zones you need to include, the more chance there is your daily/weekly cap will be higher. It can also vary depending on whether or not you need to travel through Zone 1.

How much are London bus fares?

Bus tickets for a single journey are set to rise from the current price of £1.55 to £1.60.

The daily cap, covering journeys happening in the space of 24 hours, will rise by 30p. It’s currently £4.65, and from March 1 will be £4.95.

And the weekly cap is going up to £23.30 – which is £1.40 more than the existing £21.90.

These price rises will also apply to the caps on London’s network of trams, too.

Fortunately, the Hopper Fare will still be in place, meaning you can change to another bus or tram within an hour of tapping in, and only get charged for one journey.

The above figures on include adult fares, but there are discounted fees for young people (under 18s), apprentices and those who are currently unemployed.

People over 60 are entitled to free travel across London’s transport network, too, with a photo ID Oyster card.

But to work out your own daily, weekly or monthly costs for specific bus rides, Tube journeys – and whether you save money with a travel card instead – visit Transport for London for their full list of fees.

MORE : How much do TfL monthly travel cards cost?

MORE : Biggest rise in Tube and bus fares in a decade as cost of trips increase by 5%

MORE : ‘Low risk’ of catching Covid on Tube if people actually wear masks

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