In 2026, London's iconic black cabs are generally more expensive than rideshare services like Uber, particularly for longer journeys where metered tariffs can climb quickly. Black cabs operate on a regulated "metered" system that accounts for both distance and time, meaning heavy traffic can significantly inflate the final price. However, they offer distinct advantages: they can use designated bus lanes, often bypassing the gridlock that slows down Ubers, and they do not use "surge pricing." For short, spontaneous trips in Central London, a black cab hailed on the street can sometimes be price-competitive and faster. Additionally, many travelers find the "Knowledge"-certified drivers and the spacious, purpose-built vehicles worth the premium for the reliability and "London experience" they provide.