Starting next week, cab passengers in San Francisco will have to start digging a little deeper in their pockets to pay for their rides.
After years of lobbying by drivers, taxi meter rates are set to rise Sept. 5, making San Francisco one of the costliest places in the country to snag a cab.
The starting price of a cab will increase from $3.10 to $3.55, and meter rates will increase by 50 cents a mile and 10 cents for every minute stuck in traffic. Under the new rates, a three-mile cab ride with a three minute wait will go up from $10.75 to $12.85.
Last month, the San Francisco Municipal Transportation Agency, which regulates cabs in The City, approved the meter rates increases. Agency spokesman Paul Rose said the new rates will be rolled out starting next Monday.
While cab patrons will be dinged with costlier fares, they may be able to take some solace that more taxis will be out on the streets. Also starting next week, 87 new taxis will be available, accounting for a six-percent increase to The City’s current fleet.