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NYC actually has far cheaper cabs than most US cities (who don't have Uber) because the market is extremely different. High demand and high supply 24/7 as opposed to surges. The pricing is also more tightly regulated iirc (haven't looked into the specifics).

When I took the train up to Albany, I wanted a cab to a coffee shop across the bridge. It was a half hour walk vs a 7min car ride. The cab was flat rate into the city so it would have cost $20+ just to take me across the bridge. This would've been a sub-$10 ride in NYC. I walked it, despite the rain.



I just saw a stat yesterday that NYC taxi medallions reached their lowest value with a total of 13.6k medallions in existence; compare with 50k Uber/Lyft drivers.




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