The free ride is about to end for seven million Victorians.

Commuters on trains, trams and buses in the state will start paying for public transport again after two months of fare-free travel.

Today is the final weekday that travellers can breeze through the gates without paying a cent.

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From Monday, June 1, Victorians will need to tap on with their MyKi.

Fares won't be returning to full price, though – the state government is slashing the fare of a one-way trip by 50 per cent until the end of 2026.

This means a full daily fare will cost the average commuter $5.70, or $34.20 per week if you take a return trip every day of the working week.

From June 1 until December 31, this could cost around $1026.

The Victorian government said half-price fares will save the average commuter $850.

It introduced the temporary measure as a response to the fuel crisis triggered by ongoing tension in the Middle East.

Premier Jacinta Allan said at the time that free public transport would keep a lid on fuel demand and ease the traffic pressure on the roads.

The scheme is expected to cost the government $432 million in lost revenue.

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Victoria will also relaunch its contactless payment trial across the network from Monday.

Victoria and Tasmania led the charge with free or subsidised public transport after the US-Iran conflict led to a blockade of the Strait of Hormuz, a critical waterway for the global supply of crude oil.

NSW was urged to follow suit, however Premier Chris Minns held firm and refused to offer a fare-free period.

Minns said at the time he wanted to avoid an "expensive" knee-jerk reaction to the ongoing conflict.

South Australia also ruled out free public transport in March.