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Survey shows the cost of UberX savings compared to taxis

Nantale Muwonge

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Causes & Culture

I'm a media junkie, digital advocate and storyteller. When I'm not working, I'm volunteering my time and expertise because I kind of want to save the world.

Uber's cheapest option may not necessarily be cheaper than taking a cab

From SheKnows Canada
According to a survey by The 10 and 3, taking an Uber isn't necessarily cheaper than taking a cab.

More: Uber joins UN Women to create 1 million jobs for women worldwide (VIDEO)

Data ninjas at The 10 and 3 compared taxi fares across Canada to Uber’s low-cost option, UberX. They found that although savings vary depending on where you live, Uber tends to charge between 30 per cent and 50 per cent less than taxi companies.

They even broke it down by city:

Uber's cheapest option may not necessarily be cheaper than taking a cab
Image: The 10 and 3

More: Guy works as Uber driver to pay for an engagement ring (VIDEO)

However, during surge pricing, it may cost you more to take an Uber than a cab.

According to The 10 and 3, “As a rule of thumb, when surge prices pass the 2x mark, begin looking for a cab; unlike Uber, taxi rates remain the same, regardless of how busy they might be.”

What do you think? Is taking an Uber worth the savings? Tell us in the comments section below.

Do you prefer Uber to taxis? Tell us in the comments section below.

More: 5 Reasons your monthly budget isn't working

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