The 2.90 is even capped at $34 per week. Then there's the 50% discount for low-income NYC residents who qualify and apply for the Fair Fares NYC program, or for anyone regadless of residence who qualifies for reduced fares through age or a qualifying disability.

Both of these numbers are changing in early January to $3 and $35 respectively, but same idea.

Still, some European countries like Germany offer far cheaper than this, while others like the UK are probably pricer. NYC public transit gives very good value for the US at least.