The city's Taxi and Limousine Commission passed a fare increase of 26 percent for all yellow cabs; the increase will go into effect May 1. The TLC will also be introducing credit and debit card payment in cabs.
- Base fee of $2.50 (old: $2)
- One fifth a mile now 40 cents (old: 30 cents)
- Peak travel surcharge $1, between 4PM and 8PM (also keeping the 50 cent surchage between 8PM and 6AM)
- Additionally, the flat rate from Kennedy to Manhattan is $45 (old: $35)
The TLC wanted to give drivers a "livable wage," and the Taxi Workers Alliiance is pretty pleased about the increase. And while no passengers really like paying more for their taxis, the proposed fare still makes NYC cab rides a great value versus other cities. Gothamist finds this to be more impetus to try and budget in enough time to take the subway instead of hopping in cabs last minute, or a sign that we should not leave our neighborhood.