Uber X rates vs taxi fare Los Angeles; Is Uber cheaper than taking a taxi?

So are Uber X rates cheaper than taking a taxi in Los Angeles. To help facilitate a comparison I created the following table....

	Uber X Rates	LA Taxi Rates
Pick-up (aka flag drop)	$3.00	$2.85
Per Mile Driving	$2.55	$2.70
Per Minute Waiting	$0.50	$0.49

It appears that the overall Uber X fare would be slightly cheaper than taking a taxi because of the 15 cent difference between the per mile rates.

Sources:
Uber Rates: https://www.uber.com/cities/los-angeles
Los Angeles Taxi Rates: http://www.taxicabsla.org/ (click on Rates)