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Do lyft drivers make good money?

By Zippia Team - Sep. 7, 2022

No, Lyft drivers do not make good money. The average Lyft driver makes an hourly wage of $15 to $18 per hour.

That may seem pretty good for a job that allows you to dictate your own schedule, but it actually isn't because of the wear and tear a Lyft driver puts on their own vehicle to do the job. And in the instance of Lyft drivers that rent cars in order to work for Lyft, this also takes out a big chunk of their earnings.

Gas prices are another factor in why Lyft drivers are not well-compensated, and in recent years, the price of gas has climbed tremendously. So between car maintenance or car rental, and gas prices, it is safe to say that Lyft drivers do not make good money.

Do lyft drivers make good money?

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