For comparison, a taxi permit in New York City costs over $1 million. See: http://www.nytimes.com/2013/11/15/nyregion/1-million-medallions-stifling-the-dreams-o

For comparison, a taxi permit in New York City costs over $1 million. See: http://www.nytimes.com/2013/11/15/nyregion/1-million-medallions-stifling-the-dreams-of-cabdrivers.html?_r=0 http://www.nytimes.com/2013/11/15/nyregion/1-million-medalli... Yes, NYC taxi permits are about 2,000 times as expensive.