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He says it costs about $132 per hour for the CTA to operate a bus. Therefore, Freemark figures, in order to cover the full cost of its operations over a single hour, one bus would have to earn $132 per hour at the farebox. That covers costs for the driver, gas, administration, and maintenance. (Again, it leaves out capital costs, such as the bus itself.) With a full fare set at $2 per person (or $2.25 if you pay cash) a CTA bus would seemingly need just 66 passengers to come aboard during that hour in order for that bus to break even. But in 2013, the average rider only paid about a dollar per trip.
1 According to Bus Rates, the average rate for a deluxe charter bus in March 2007 was $2.94 per mile, $90 per hour or $821 per day. 2  Executive charter buses (seating 18-32 people) typically rent for $1,000 to $2,500 per day. A Limobus is the same size as a mini bus but typically has seating along the edges for a more social atmosphere and typically rents for $1,375 to $1,545 per day. 2  Deluxe charter buses (seating 37-59 people) typically rent for $775 to $1,300 per day.