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The bus runs all year long and costs $1.  It is the best deal going.  It runs the entire length of Ocean City.

6 dollars round trip and well worth it. It usually starts during Springfest so you have a few months before it will rev up into life!

the tram usually costs $3.00 each way so it's $6 round trip. It runs up and down the boardwalk from 27th street to the pier. it starts to run in may around memorial day. Here's some more information on how to get around ocean city:

The Boardwalk Tram

The ocean breeze, beach, sand, and family atmosphere are just a few of the reasons why you will want to ride the Ocean City boardwalk trams during your visit to Ocean City! The comfortable boardwalk trams can take you the whole length of the boardwalk, which travels from the Inlet to the North Booth at 27th Street. The Boardwalk tram will stop at most any location along the route to load or discharge passengers. The best part of the half-hour ride will be the detour that takes you on the pier close to the ocean where you can see, hear, and sometimes even feel the ocean water. Now you know you are in Ocean City, Maryland!

Tram fare is $3.00 per person, per boarding, one way ride. Discount fare punch cards are available at $20 for 8 rides. Inquire at either Tram Station or with a Tram Conductor.

New unlimited ride pass, which costs $6, a passenger can get on and off the Boardwalk tram as much as they like between the hours of 11 a.m. and 4 p.m. daily. The unlimited ride pass will not be available during Springfest, Sunfest, OC Air Show weekend, July 4th weekend or Labor Day weekend. Unlimited ride passes will be sold at both north and south ticket booths and on any tram.

Please note: The tram operation is subject to prevailing weather conditions. See the station operators or call 410-289-5311 or 410-723-1606 for further information.

Schedule	Dates	Times
Springfest	May 3-May 6, 2012	10 a.m.-Midnight/Thurs.-Sat. 10 a.m.- 7 p.m./Sunday
Summer	TBA	TBA
Sunfest	TBA	TBA

All of the information about the Boardwalk Tram can be found here:
http://oceancitymd.gov/Public_Works/transportation.html

The tram will not start running again until Springfest weekend in May, and then it usually stops running again until Memorial Day weekend, but the 2012 specific schedule has not been announced yet.

You can get more info on the boardwalk tram and other public transportation in OC at this website.

Have fun in OC!