Cab Costs Dropping

Cab Costs Dropping

On Halloween morning, Chicago will wake up to some consumer news that is not scary, for a change: The cost of riding in a cab is going down.

At 12:01 a.m. Friday, the $1-a-ride surcharge imposed last spring to provide relief to cabdrivers squeezed by skyrocketing gasoline prices will be reduced to 50 cents.

The Seattle-style surcharge requires passengers to pay 50 cents a ride whenever gas prices "equal or exceed" $2.70 a gallon for seven consecutive days and $1 a ride whenever the price at the pump tops $3.20 a gallon for one week straight.

Popular in the Community

Close

What's Hot