Rideshare Prices Are Going Up (Slightly)

Starting today, prepare to pay a little extra for Ubers and UberEats orders.

🚘 Driving the move (lol)… High gas prices. As of Monday, the average cost of a gallon of regular fuel had reached $4.325, per AAA; up 26 cents over the past week. Around this time last year, the average price was $2.859 per gallon.👇

📋 More deets…

• Based on location, the surcharge for an Uber trip is either 45 cents or 55 cents; for an Uber Eats order, it's either 35 cents or 45 cents.
• The extra fees will be in effect for the next two months, and 100% of them will go to the drivers, according to the company.

📸 The big picture: Lyft also plans to add a temporary fuel surcharge to fares for drivers to pocket, the company said on Monday. So it’s probably not unreasonable to expect DoorDash, Postmates, Grubhub, etc. to follow suit… but we’ll pay attention and let you know.😬

​​Rideshare prices are 15-20% higher on average than last January, per research firm YipitData, as companies are dealing with a labor shortage and pressure from Wall Street to turn/stay profitable.