Whether you drive rideshare or food delivery or both, making money is the end game. The difficult part is determining which option pays the best?
The Los Angeles Times posted an article back in December that discussed this very issue. They suggest that rideshare may be more profitable because so may drivers have switched to delivery. The result has been more surge pricing being offered in many cities across the country.
Here is the breakdown for 3 cities in California taken directly from the article:
- Average hourly pay: $17.37 for ride-hail; $16.05 for delivery
- The best-paying app is Uber Eats, which pays 1.22% more than No. 2, Lyft.
- Lyft pays 0.17% more than Grubhub, which pays 3.06% more than Uber, which pays 2.14% more than Amazon Flex.
- Average hourly pay: $17.56 for ride-hail; $18.07 for delivery
- The best-paying app is Amazon Flex, which pays 3.69% more than No. 2, Uber Eats.
- Uber Eats pays 2.61% more than Grubhub, which pays 5.68% more than Lyft, which pays 4.88% more than Postmates.
- Average hourly pay: $19.48 for ride-hail; $15.97 for delivery
- The best-paying app is Uber Eats, which pays 3.38% more than No. 2, Grubhub.
- Grubhub pays 4.6% more than Amazon Flex, which pays 1.8% more than Uber, which pays 5.59% more than Lyft.
What stands out the most from the above numbers is how much pay varies from city to city and then again with each company. In order to figure out which option works best for you, will require you to keep good records of your earnings and then decide for yourself!
Next week: New Lyft program – More rides but for less money,