NYC Taxi Riders Make Good Money But Find Cabs Too Expensive

New York taxi costA new survey of New York City taxi passengers shows that a majority of them earn at least $50,000 a year, and yet a significant number of them say the cost of a cab ride is too high.

Results of the electronic survey, begun in October, so far show that 42 percent of passengers earn more than $100,000 a year and another 19 percent make $50,000 or more (16 percent declined to answer). But nearly half of those surveyed (46 percent) said that taxi rides were too costly.

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Rates for New York City taxis start at $2.50, plus 40 cents for each one-fifth of a mile or for each minute when not in motion. There are also surcharges for travel at night and during peak hours.

Among other findings, the survey results showed that passengers' second biggest complaint was aggressive driving by taxi drivers, while 43 percent said cabs' rooftop lights, which signal availability, were too confusing.

The city's Taxi and Limousine Commission has received more than 113,000 responses to the survey so far. Sixty-two percent of those responding to the poll said that they lived in New York City, 22 percent were tourists and 15 percent were either suburbanites or commuters.

Other results of the survey showed that 40 percent of passengers ride solo, while 79 percent rated communication with the driver as "good" or "great."

Next: New York City Taxi Medallions Sell For A Million Dollars

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David Schepp

Staff Writer

David Schepp has spent more than a dozen years covering business news for the electronic and print media, including Dow Jones Newswires, BBC News, Gannett Co., and most recently at AOL's DailyFinance. Nearly 10 years ago, he started writing a weekly People@Work column, looking in depth at issues facing workers in today's workplace. The syndicated column appeared in newspapers and websites nationwide before it made its debut on DailyFinance in 2010. Schepp now continues that tradition at Aol Jobs, covering the jobs beat and providing readers insight and analysis into the nation's challenging employment scene.

Schepp holds a Bachelor of Arts degree in journalism from Metropolitan State College of Denver.

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Great article,

January 10 2012 at 6:39 AM Report abuse rate up rate down Reply

Maybe these taxi drivers should play "Fare Play"! The new web series game show where passengers ask nyc taxi drivers silly trivia questions for tip money!

December 11 2011 at 10:19 PM Report abuse rate up rate down Reply

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