While main line season ticket rail fares rise by an average of 5.8% from Sunday, bus and Tube fares in London are going up by an average of 6.8%.
Here is a guide to the new cost of traveling in London.
Buses and Trams
* Oyster pay as you go fares increase by 10p to £1.30
* A single cash fare rises from £2 to £2.20
Tube, DLR, Overground
* The Zone 1 pay as you go fare rises by 10p to £1.90
* Oyster pay as you go fares traveling into Zone 1 in the evening rush hour are reduced to the off-peak rate
* The refundable deposit on a new Oyster card increased from £3 to £5.
* A Visitor Oyster card will cost £3.
Travelcard changes
One-Day Travelcards between Zones 2 and 6 are being withdrawn.
The new ticket price changes on public transport come into effect from Sunday 2nd January.:
Oyster Ticket Stops will no longer sell One Day Travelcards.
Maximum fare for not touching in/out
If you don’t touch in and out on the Tube, DLR, London Overground and National Rail, you may be charged a maximum Oyster fare of up to £7.40.
Travel overnight on New Year’s Eve will be free.
Transport for London (TfL) said that although some one-day Travelcards were being withdrawn, by switching to Oyster cards “most customers should see little increase in their travel costs”.
London mayor Boris Johnson said: “I have kept the fares for 2011 at the absolute minimum while still protecting the vital improvements that London’s transport network needs. Those improvements include upgrades to the Tube, the delivery of (the cross-London scheme) Crossrail, and maintenance of London’s bus network.
“I promised to protect free and concessionary travel for those needing it most and this package does exactly that.”
He went on: “Even in difficult times I am not passing the buck to the travelling public; we have stuck with the fare rise we said we would deliver last year and we continue to make efficiencies at TfL in order to make sure Londoners are getting the best value for money possible.”