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The IRS considers that the average US automobile has a total cost of US$0.58/mile, around €0.32/km. [11] According to the American Automobile Association, the average driver of the average sedan spends totally approximately US$8,700 per year, or US$720 per month, to own and operate their vehicle.
The taxi meters track time as well as distance in an average taxi fare. ... retired after 480,000 km (300,000 mi) per ... regulates prices for taxis in its taxi ...
The taxicabs of the United States make up a mature system; most U.S. cities have a licensing scheme which restricts the number of taxicabs allowed. As of 2012 the total number of taxi cab drivers in the United States is 233,900; the average annual salary of a taxi cab driver is $22,820 and the expected percent job increase over the next 10 years is 16%.
Taxicab vehicles, each of which must have a medallion to operate, are driven an average of 180 miles (290 km) per shift. The average total number of annual taxi passengers is 241 million. [ 113 ] By July 2016, that number had dropped slightly to 13,587 medallions, or 18 lower than the 2014 total. [ 114 ]
Of all people who commuted to work in New York City in 2021, 32% use the subway, 30% drive alone, 12% take the bus, 10% walk to work, 4% travel by commuter rail, 5.6% carpool, 3.1% use a taxi, 1.7% ride their bicycle to work, and 0.4% travel by ferry. [16] 54% of households in New York City do not own a car, and rely on public transportation. [17]
In 2014, that price had risen to around $700,000. [7] Shortly thereafter, however, medallion prices began to sharply decline. According to the Boston Herald, by the end of 2018, the value of a Boston Taxi Medallion had collapsed; after reaching an all-time high in 2014, prices had fallen to around $40,000, representing a 95% loss. [8]
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In the United States, the Environmental Protection Agency assumes the typical car is driven 15,000 miles (24,000 km) per year. According to the New York Times, in the 1960s and 1970s, the typical car reached its end of life around 100,000 miles (160,000 km).
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