Uber, Lyft rides in NYC could cost more under new minimum wage rule

The New York City Taxi and Limousine Commission’s passage of a minimum wage for drivers of ride-sharing services such as Uber and Lyft could raise rates for some passengers.

The new rules, the first city-wide regulations in the nation, were passed Tuesday and are expected to go into effect in mid-January. They would give drivers for services such as Uber and Lyft a minimum hourly wage of $17.22 after expenses, the commission says.

About 96 percent of the city’s 80,000 drivers who work for ride-sharing services would get a raise, the commission estimated.

Uber and Lyft issued statements in support of a living wage for drivers, but said the new rules could also drive up prices for passengers.