Survey shows the cost of UberX savings compared to taxis

Nov 18, 2015 at 8:00 a.m. ET
Image: Getty Images / David Ramos / Stringer

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

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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:

Average UberX savings
Image: The 10 and 3

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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.

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