Taking a cab in New York City just got thatttt much more expensive today as a 17% fare increase took effect. Back in the summer the New York Taxi and Limousine Commission approved a taxi fare increase to take effect in September. It is the first fare hike since 2005. The base fare rate will not increase, however the mileage charge will so now you must keep your eye on that little red meter even more!

All NYC taxi’s will be charging the new fee by September 30th. The increase is based on the rising gas prices and longer wait times in traffic. How are you feelin’ about this NYC? Hmm I’m torn.

Here’s a breakdown of how the increase works:

For trips in New York City

• $2.50 initial charge (first 1/5 mile);
• $0.50 MTA tax;
• $0.50 per each additional 1/5 mile;
• $0.50 per 60 seconds in stopped or slow traffic;
• $1.00 surcharge from 4 p.m. to 8 p.m. on weekdays, excluding holidays;
• $0.50 night surcharge from 8 p.m. to 6 a.m. daily.

Trips to/from JFK International Airport and Manhattan

• $52.00, plus any tolls and/or tip;
• the $0.50 night surcharge shall not be added to this flat rate;
• the $1.00 peak surcharge shall not be added to this flat rate;
• the $0.50 MTA tax SHALL be added to this flat rate.

Trips to Newark Airport

• the amount shown on the taximeter plus a surcharge of $17.50; and all necessary tolls to and from the destination.