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Boston Taxis- Why So Costly?.
established around 1630. It’s often acknowledged as the “social capital” associated with the surrounding area of New England. Being a city
Boston taxi services can be more pricey than other comparable metropolitan cities in the US. Initial charge is $2.60.
it’s all about the medallion
To Boston taxi drivers — many of them immigrants who average 72 hours a week taking someone else’s taxi to earn maybe $550 — the medallions are like wealth, keys to better lives for themselves and their their families. For this reason, the medallions that were $50 in 1935 now sell for way more, making them the 2nd priciest in the united states after New York City’s. Since the value keeps ascending, the cabbies keep driving and driving and struggling to continue.
jointly with the bad financial crisis as well as the climbing gas prices. it should be no surprise that Boston taxis tend to be overpriced.