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March 2026 → March 2027 · first freeze in 30 years

The fare freeze is putting
money in your pocket. How much?

DfT froze regulated UK rail fares between March 2026 and March 2027 — the first freeze since 1995. The headlines quoted “average commuter saves £300” without telling you what that means for your fare on your route. This calculator does. Pick your ticket type, set the counterfactual increase you would have paid, and see your actual saving — plus what 5 years of frozen fares would save if it became permanent.

your ticket type

your ticket details

Price per year (£)

£

tickets / year

Counterfactual fare increase

+6.0%

The increase fares would have had if the freeze hadn't happened. Default is 6.0% — the typical RPI+1% formula applied at 2024-2025 inflation levels.

How the calculation works: the freeze fixed regulated fares at the March 2025 level until March 2027. Without the freeze, the standard formula would have pushed prices up. The annual saving = (counterfactual price − actual price) × your ticket count.

your annual saving · 2026-27

£330

the fare freeze keeps in your pocket this year

On £5,500 of actual fare spend, vs £5,830 under 6.0% increase

Per-year saving

£330.00

saved each time

Annual saving

£330

this year

5-yr compound

£5,364

if freeze permanent

fare breakdown

Actual year fare (after freeze)£5,500.00
Counterfactual year fare (no freeze)£5,830.00
Per-year saving£330.00

The Department for Transport froze regulated rail fares in England from March 2026 to March 2027 — the first freeze in 30 years. Regulated fares = season tickets and most off-peak returns on long-distance routes. Unregulated fares (Anytime, some Advance) can still change. Source: DfT fare regulation announcement, 2025.

the bigger picture

The freeze is technically a one-year decision. The compounded effect lasts forever.

Each year of formula-driven fare increase compounds the next year's baseline. Stopping the increase for one year doesn't just save the 6% — it permanently lowers the trajectory by 6%. From the freeze point forward, every subsequent year's formula increase is calculated on the frozen base, not the counterfactual.

6.0%

historic RPI+1% avg

What you would have paid

The standard formula has averaged around 6% over the last decade — RPI+1 percentage point on regulated fares.

0%

2026/27 freeze

What you're actually paying

Regulated fares held at March 2025 prices for the full 2026/27 fare year — the first freeze since 1995.

6%

permanent step-down

What the freeze locks in

Even if formula resumes in March 2027, every future year's baseline is now 6% lower than it would have been. The gap compounds.

Methodology

The calculator compares two scenarios:

  • Actual: your ticket price at the March 2025 / March 2026 frozen level.
  • Counterfactual: your ticket price multiplied by (1 + counterfactual_pct/100), where the default counterfactual is 6.0% (typical RPI+1% formula at 2024-2025 inflation).

Annual saving = (counterfactual price − actual price) × number of tickets per year. 5-year compound assumes the freeze stays in place for five years and the counterfactual compounds annually — each year's counterfactual fare = current_fare × (1 + counterfactual_pct)^year, summed across the 5-year window.

Railcard stacking applies a 30% discount on the actual ticket price (typical 1/3-off discount), less the £30 annual railcard cost. Most off-peak fares qualify; check operator rules for peak-time restrictions.

Source: DfT regulated fare freeze announcement (2025 Autumn Budget). Regulated fares = season tickets + most off-peak returns on long-distance routes + Anytime singles on commuter routes (~45% of UK rail fare revenue by value). Unregulated fares unaffected. The 5-year compound projection is illustrative — DfT has only committed to a 1-year freeze; subsequent fare years revert to formula-driven increases unless renewed.

Updated 2026-06-02