Not sure how much your ride with Lyft will cost? Most people already know how much a cab will cost (too much), but not everyone can ballpark the cost of a Lyft. Recently Lyft published a fare estimator on the city page of each Lyft market so you can calculate a price estimate before you request a ride.
Lyft promo code ‘freerideshare‘ makes your first ride cheaper
Head to the Lyft cities page, find your city, then enter your pick-up and drop-off location into the fare estimator. Currently you can’t get a fare estimate from inside the Lyft app. (You can get a fare estimate in the Uber app)
Not sure if you understand how Lyft comes up with the estimate? Explanation below! Let’s go.
How much does Lyft cost?
Lyft calculates your fare using these criteria:
- Base Charge – A flat amount charged when you begin the ride
- Cost per mile – How much you’re charged each mile of the ride
- Cost per minute – How much you’re charged for each minute you’re inside the ride
- Trust and Safety Fee – A flat fee charged for each ride.
Here’s the Lyft fare equation
Base Charge + (Cost per minute * time in ride) + (Cost per mile * ride distance) + Trust and Safety Fee = Your Fare
Wait! There’s a minimum fare!
Let’s say you leave the bar and hop in a Lyft for only three blocks. It’s a 45 second ride, about a half mile. By your estimate it should only cost around $3. But wait! Each Lyft city has a minimum fare cost to guarantee that drivers are fairly compensated for short rides.
If the minimum fare is $4, you’ll be charged $4 even though the fare equation only adds up to $3.
Different Lyft fare prices in different cities
Each Lyft market is priced differently. For example, Lyft costs a little more in an affluent market like New York City, and Lyft costs a little less in Tulsa, Oklahoma.
The LyftPlus service also costs more. Head over to the Lyft Cities page to see Lyft prices.
For Example: A Lyft in Pittsburgh Lyft costs…
Check out the cost of a Lyft in Pittsburgh to get the general idea for the cost of a Lyft. In some ways it’s cheaper than an Uber, in some ways it isn’t. Both Uber and Lyft are cheaper than a cab, so you really can’t go wrong with either app.
|Base Charge||Cost per minute||Cost per mile||Trust & Safety Fee|
Try Lyft! New users input promo code ‘freerideshare‘
Want to try Lyft? Download the app and input my promo code to get free credits toward your first ride. Important! Make sure you input the promo code before you request the ride.