The "regular" taxi cab medallion cost averaged $35k in 2017 down from $200k in 2013[1] otherwise you will likely be leasing it and a car from a taxi company. I

The "regular" taxi cab medallion cost averaged $35k in 2017 down from $200k in 2013[1] otherwise you will likely be leasing it and a car from a taxi company. If I recall, the daily buy-in is generally $90-150. So these costs should be included in the calculation. [1]http://leg.wa.gov/JTC/Documents/RFPs/RFP_TAXI_FINAL.pdf http://leg.wa.gov/JTC/Documents/RFPs/RFP_TAXI_FINAL.pdf