The analysis in this report was conducted by Transpo Group using data provided by INRIX. The only Transportation Network Company that provided data for this report was Lyft. The conclusions of this report do not necessarily reflect the official policy positions of Lyft, INRIX, Transpo Group, or the City of Chicago.
The potential diversion of passengers from public transit to Transportation Network Companies (TNCs) is attracting considerable attention in metropolitan regions. Despite this, relatively little microeconomic analysis has been made available to explore how service attributes affect choices between ridesharing and public transit. To fill this shortfall, this study evaluates prices and service levels for Lyft, Lyft Line, Uber, UberPool and Chicago Transit Authority (CTA) services in Chicago.
A citywide survey was recently conducted to see how people felt about ridesharing and its value for all 77 of Chicago’s neighborhoods. Overall, Chicagoans believe companies like Lyft and Uber provide affordable and convenient transportation options to all neighborhoods, especially to those that lack other transportation options.