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Yellow Cab Fare Increases in Effect

An increase of about 17 percent has been implemented on many metered taxis throughout the city.

Increased fares for yellow taxi cabs went into effect early Tuesday, the first fare hike the city has seen since 2006, says the New York Times.

As of 12:01 a.m. on Tuesday, operators of yellow taxis can now charge about 17 percent more for each ride, after recalibrating their meters and updating external markings.

Operators will not be required to institute the fares until their first scheduled inspections after Sept. 30, though, meaning that the taxis roaming the streets will probably include a mixture of old and new rates for the next several weeks, says the Times.

“We anticipate that many taxicab operators will implement the new fare structure as of Sept. 4, so it is extremely important that taxi riders know and understand it,” David S. Yassky, the chairman of the taxi commission, said in a statement. “The taxi industry appears to be experiencing a smooth transition to the new structure, and we want passengers to experience a smooth transition as well.”

The , upping the cost of each fifth of a mile an extra 10 cents. The base fee for a ride remains the same. Trips from Manhattan to JFK Airport will now cost $52, plus tolls.

Six cents from every trip will go towards a fund for driver health care.

Jenny September 04, 2012 at 03:51 PM
That's a long time to have gone without a fare increase. However the economy is stalled in general, so people will certainly feel this. The rides seemed high before this increase as it was.
Sara September 04, 2012 at 04:28 PM
It's a bummer but seems like a fair and necessary measure. Happy to hear that a part of the fare will go towards driver health care

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