One thing to note, though, is that the researchers didn't consider Uber's surge pricing, which often multiplies the standard rates for trips due to high demand. But the team argues it still provides a useful comparison of the two services, according to the report. Just last summer, Uber lowered the fare for its UberX service in NYC and claimed it was cheaper than taking a taxi.
We tried the app using hypothetical trips from our offices in the 500 block of Broadway in SoHo. When we set our destination as a restaurant almost six miles away on the Upper West Side, OpenStreetCab suggested Uber, and for a shorter trip (about 2 miles) to Madison Square Park, the app recommended a taxi. The app doesn't show the estimated fare for either choice, though.