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Boston Taxis- Why So Expensive?.
Boston taxis come from the 22nd largest city in America (population wise) as well as the state capital of Massachusetts. It is suspected to be one of the oldest cities in the states
and partly in the story of a man from Jordan who came out to Boston and soundlessly created a Boston taxi empire.
it is all about the medallion
To Boston taxi drivers — most of them immigrants who average 72 hours a week driving someone else’s taxi to net maybe $550 — the medallions are like wealth, secrets to better lives for themselves and their families. Subsequently, the medallions that were $50 in 1935 now demand a good deal more, leading them to be the 2nd costliest in the country after New York City’s. Since the rate continues ascending, the cabbies keep driving and driving and working to keep up.
Along with the poor economic situation plus the increasing gas prices. It is no wonder that Boston taxis are expensive.