Table 1: Comparison of 1988 and Today's Fares

1988 1997 Increase over 1988 Public Transport Fares (average 8-km farecard journey) Non airconditioned bus services $0.60 $0.75 25% Airconditioned bus services $1.00 $1.00 0% (note:1) MRT services $0.80 $1.00 25% Taxis (note:2) $3.96 $5.32 34% CPI Index 87.8 109 24% Average Monthly Earnings $1,273 $2,480 95% Average Monthly Earnings in $1,373 $2,581 88% the Transport, Storage and Communication Industry Note: (1) Airconditioned bus fare stages were introduced in 1990 and the fares have remained constant at $1.00. (2) Average 8-km journey, exclude surcharges.