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Boston Taxis- What Are They Worth?.
established as early as 1630. It will be referred to as the “social capital” among the surrounding region of New England. As a city
who is earning the money? The answer lies partly with who make money from people who seek to drive their way to the American dream.
825 taxis. Medallions were presented in the 1930s to control a flood of cabs on city roads. The quantity was topped at 1
To Boston taxi drivers — many immigrants who average seventy two hours a week commuting somebody else’s cab to net maybe $550 — the medallions are like gold, keys to higher quality lives for themselves and their their families. In consequence, the medallions that cost $50 in 1935 now cost a lot more, which makes them the 2nd most expensive in the united states after New York City’s. As the cost continues rising, the cabbies keep driving and driving and working hard to keep up.
Along with the bad financial situation as well as the rising gas prices. It’s no surprise that Boston taxis are pricey.