It’s no secret that ridesharing services have disrupted the way people get from A to B, especially in cities. Whether you’re only visiting Philadelphia or call it home, we’re breaking down the facts, and dollar signs, on the cost of renting a car, owning a car, or using Lyft.
If you’re planning on visiting the city of Brotherly Love, make sure to consider these facts when deciding on how to get around:
Cost of a Rental Car for One Week
- Philadelphia has one of the highest car rental rates in the U.S. — a rental averages $83 a day, totaling $581 per week.
Parking: $200 for the week.
TOTAL: $781.20 for one week
Cost of Lyft for One Week
Trip to the airport: $18-$25
Roundtrip from Center City area to tourist spots: $6-$10.
TOTAL: $504 - $522
For those of you who call Philadelphia home, find out how the numbers compare for owning a car versus using Lyft for your daily commute:
Cost of Owning a Car for One Year
Monthly Car Payment: $420
Insurance: $1,222 per year.
Fuel: $1,267.50 per year
Maintenance Expenses: $792
PA State Inspection, Registration & Emissions: $77
Parking: residential, $35; parking garage, $4000-$6,000
TOTAL: $3,813.50 - $9,778.50
Cost of Lyft for One Year
Work Commute: $4,000
Other Rides: $1,000