No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessFuel, public transportation likely to see a hike in prices in coming...

Fuel, public transportation likely to see a hike in prices in coming weeks

Two hikes in the per-liter price of fuel could hit drivers’ pocketbooks this month, and taking a bus or a taxi won’t help save much money, as those rates are set to increase as well.

The first increase in fuel prices could be approved in the second half of the month and would mean a â‚¡26 increase in the per-liter price of “Super” gasoline, a â‚¡25 increase for “Plus” gasoline, and a â‚¡19 increase for diesel.

The National Oil Refinery (RECOPE) also has requested a hike in profit margins on fuel prices, as set by the Public Services Regulatory Authority (ARESEP). If approved, fuel prices would jump again this month by 47 percent. ARESEP, however, rejected a similar request from RECOPE last year.

The regulatory agency also is studying a request for a ₡10 increase in taxi fares, which could be approved later this month. If it moves forward, the base taxi fare will increase from ₡605 to ₡615 ($1.14-1.16). In addition, cabs providing service to Juan Santamaría International Airport, outside the capital, could increase base fares by ₡40.

ARESEP also is evaluating an increase in bus fares for routes across the country. If approved, those hikes could take effect in early April. The increases would total about 1 percent on average, the agency reported.

ARESEP officials currently are preparing public hearings to allow citizens opposed to the increases to express their opinions.

Trending Now

Dancing with the Stars Host Julianne Hough Shares Costa Rica Vacation

Julianne Hough, the dancer and actress known for her work on Dancing with the Stars, has returned to Costa Rica for a vacation. The...

Funny English Shirts in Costa Rica and What They Really Mean

I recently took a bus from San Jose over the Cerro del Muerte to Pérez Zeledón. The driver was a young man around thirty....

Costa Rica’s Liberia Airport Faces Demand Boom

The Daniel Oduber International Airport has grown beyond what planners first imagined when it opened in 2011. Officials from Costa Rica's Federated College of...

Costa Rica Watches U.S. Capture of Maduro as Regional Concerns Grow

The United States carried out airstrikes on Venezuelan military sites early this morning, leading to the capture of President Nicolás Maduro and his wife,...

El Salvador Reports Record Low Homicide Rate Due To Gang Crackdown

El Salvador recorded its lowest homicide tally since tracking began, with government officials announcing 82 murders in 2025, a sharp drop from the previous...

Guanacaste Leads Coastal Recovery in Costa Rica Real Estate

Costa Rica’s real estate market heads into 2026 with steady footing after recent adjustments in high-end coastal areas. Buyers and investors find a landscape...
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica