The price difference between NYC Ferry and NY Waterway can be attributed to several factors, including the services they offer, their operating models, routes, and customer demographics. Here are some key factors that contribute to the variation in prices:

1. Service Offerings: NYC Ferry and NY Waterway provide different types of ferry services. NYC Ferry primarily operates as a public transportation system, serving various neighborhoods in New York City. As a public service, NYC Ferry may receive subsidies or funding from the city to keep fares lower. NY Waterway, on the other hand, often offers more diverse services, including commuter routes, tourist excursions, and private charters, which can have different pricing structures.

2. Operating Costs: The operating costs for ferry services can vary widely depending on factors like fuel prices, labor costs, maintenance, and infrastructure. NYC Ferry may benefit from economies of scale and government support that allows them to offer lower fares for their public transportation routes. NY Waterway's costs may differ due to the types of routes they operate and their business model.

3. Route Length and Accessibility: The distance and accessibility of the routes can influence pricing. Longer routes may have higher operating costs and, therefore, higher fares. Additionally, NYC Ferry often serves neighborhoods that are underserved by other forms of public transportation, which can affect fare structures.

4. Customer Demographics: The customer base for each ferry service can vary. NYC Ferry primarily serves local commuters and residents, so pricing may be structured to accommodate regular riders. NY Waterway may cater to a mix of commuters, tourists, and other travelers, which can lead to different pricing strategies to meet the needs of various customer segments.

5. Amenities and Services: Differences in amenities, such as onboard facilities, seating, refreshments, and entertainment, can influence fare pricing. NY Waterway may offer a more premium or leisure-oriented experience for certain routes, which can command higher prices.

6. Market Competition: Competition in the ferry market can also impact pricing. In areas with multiple ferry operators, price competition may lead to lower fares. Conversely, routes with limited or no competition may result in higher fares.

7. Regulations and Contracts: Government regulations, contracts, and agreements can affect pricing structures for ferry services. Some routes may have pricing regulated by local authorities, while others may have more flexibility.

It's essential to research the specific routes, services, and fare structures for both NYC Ferry and NY Waterway to understand the reasons behind the price differences in your particular context. Factors such as route, ticket type, and discounts can also affect individual fare prices. Ultimately, the pricing decisions of ferry operators are influenced by a combination of operational, economic, and market-related factors.