Huge increase in base fare to $70 for taxi from JFK - Manhattan (from Dec 19, 2022)
Jan 11, 23, 7:03 pm
#1
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Huge increase in base fare to $70 for taxi from JFK - Manhattan (from Dec 19, 2022)
Stunned to find out today that the base fare (before supplements, tolls etc) is now a whopping $70!
Doing some searching it’s the first increase in almost 10 years and a 33% increase over the previous $52.
I’m not saying drivers should have fare increase due to gas and other price inflation but surely annual increases will be more palatable in future,
Doing some searching it’s the first increase in almost 10 years and a 33% increase over the previous $52.
I’m not saying drivers should have fare increase due to gas and other price inflation but surely annual increases will be more palatable in future,
Jan 11, 23, 8:57 pm
#2
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The TLC document suggests the last fare increase to JFK was in September 2012, which is a bit over 10 years ago (not sure why media saying "almost 10 years").
That's an average annual increase of 2.9%. For reference, the overall CPI between 9/12 and 11/22 (latest available until tomorrow I think) increased at an compound average annual rate of 2.5%. In the NYC area the CPI only grew at a +1.5% annual rate (surprisingly).
Apparently the original plan was for a $65 flat rate, but after public comment (presumably from the drivers, not the public passengers!) they raised it to $70. At $65 it would have been a 2.2% annual increase (below overall inflation).
I do agree more frequent increases make more sense, although presumably it's quite an effort to get something like this done (as well as MTA fares).
That's an average annual increase of 2.9%. For reference, the overall CPI between 9/12 and 11/22 (latest available until tomorrow I think) increased at an compound average annual rate of 2.5%. In the NYC area the CPI only grew at a +1.5% annual rate (surprisingly).
Apparently the original plan was for a $65 flat rate, but after public comment (presumably from the drivers, not the public passengers!) they raised it to $70. At $65 it would have been a 2.2% annual increase (below overall inflation).
I do agree more frequent increases make more sense, although presumably it's quite an effort to get something like this done (as well as MTA fares).
Jan 12, 23, 7:11 am
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Originally Posted by UKtravelbear
Stunned to find out today that the base fare (before supplements, tolls etc) is now a whopping $70!
Doing some searching it’s the first increase in almost 10 years and a 33% increase over the previous $52.
I’m not saying drivers should have fare increase due to gas and other price inflation but surely annual increases will be more palatable in future,
Doing some searching it’s the first increase in almost 10 years and a 33% increase over the previous $52.
I’m not saying drivers should have fare increase due to gas and other price inflation but surely annual increases will be more palatable in future,
Regards
Jan 12, 23, 11:50 am
#8
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We live close to a 6 Train station; I'm gonna start looking at taking the LIRR out of Grand Central to/from Jamaica as an option, especially on the weekends.
Jan 12, 23, 12:49 pm
#9
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Originally Posted by FlyinHawaiian
We live close to a 6 Train station; I'm gonna start looking at taking the LIRR out of Grand Central to/from Jamaica as an option, especially on the weekends.
Jan 12, 23, 1:21 pm
#10
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Most of my departures during the weekdays are after work so during the 4pm - 8pm peak commuting fares. Still a better cost proposition to $80-`$100 taxi/rideshares.
Jan 12, 23, 1:35 pm
#11
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Originally Posted by FlyinHawaiian
Most of my departures during the weekdays are after work so during the 4pm - 8pm peak commuting fares. Still a better cost proposition to $80-`$100 taxi/rideshares.
Jan 13, 23, 6:29 am
#12
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Not a fan of the increase, but I understand why it has to jump now. Money is just not worth what it used to be worth even at this time last year.
Jan 13, 23, 6:31 pm
#13
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Originally Posted by guv1976
OK. If you plan to take public transportation to and from JFK for more than one roundtrip in any 30-day period, I assume you know about the AirTrain 10-trip Metrocard, available for $25 (plus the $1 new-card fee), right?
Or one could take the subway and the Q10 or B15 bus to JFK for only $2.75.
Jan 15, 23, 1:59 pm
#14
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Originally Posted by GUWonder
Not a fan of the increase, but I understand why it has to jump now. Money is just not worth what it used to be worth even at this time last year.
Jan 17, 23, 10:44 pm
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Originally Posted by Brighton Line
And don't forget Airtrain went up $0.25 to $8.25 as well, what a bargin.
