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Boston Taxis- The Cost of an Icon.
it has observed countless historic events
and partly in the tale of a man from Jordan who arrived to Boston and silently built a Boston taxi empire.
In many ways
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 magic, keys to better lives for themselves and their families. This is why, the medallions that cost $50 in 1935 now sell for way more, leading them to be the 2nd costliest in the us after New York City’s. Since the cost keeps increasing, the cabbies keep driving and driving and seeking to keep up.
Plus the poor financial situation plus the climbing gas prices. It’s no surprise that Boston taxis are overpriced.