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Ride-Share Prices Are Rising. Will They Ever Go Back Down?


Ride-Share Prices Are Rising. Will They Ever Go Back Down?
From Chicago Tribune
The number of tourists, office workers and partyers venturing out in Chicago is ticking up, and ride-share prices are rising with them.
The surge has left many riders wondering: when will prices go back down?
Ride-share users paid an average of $26.43 per trip in June, Chicago city data shows the highest monthly average since the city began tracking data in November 2018, and nearly $10 more than the same month in 2019.
The increase meant the average ride-share trip in June cost a little more than the average trip by taxi, which is regulated by the city. That was a reversal from two years earlier when passengers paid nearly $2 more to travel by cab. ....

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