Quantcast

Taxi fares to increase this fall

Taxi Driver Strike
File photo

Passengers will be dishing out more green in yellow taxis come September.

The Taxi & Limousine Commission (TLC) today approved rate hikes in city cabs by a 6-2 vote with one abstention.

It is the first increase in six years.

A ride will cost passengers approximately 17 percent more after the increase, the TLC estimates.

Initial fares of $2.50 will remain the same, but each click of the meter will jump from 40 cent to 50 cents.

The fixed price between JFK Airport and Manhattan will also climb $7 to $52.

The extra cash will go to the drivers to cover health care and disability.