How Much Do You Pay To Park?

Edward Niedermeyer
by Edward Niedermeyer

Colliers International has come out with its 2011 parking survey results for North America [ PDF] and the world [ PDF], and you might be surprised by what people pay on average to let their car sit somewhere. The global expensive parking crown (on a monthly basis) goes to London’s West End, which runs a cool $1,014 per month… by comparison, the US average is $155.22 per month. On a daily basis, Copenhagen takes the cake with $73.11, with the highest daily rate in the US coming to $41 per day in Midtown Manhattan. Puts things into perspective, doesn’t it?

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  • Ddr7 Ddr7 on Jul 14, 2011

    I love NYC, I live here for the last 22 years, I do use my car to get to work but thankfully it's paid by my office, $475 +18% tax. The good thing about NYC that the city invites you to come with your car after 6pm, there are many 6 hour meters right on Broadway and you can park on almost any street below 60th after 6 or 7pm, these are places you can forget about even standing during business hours, most are "no parking 8am to 6pm" or saved for commercial vehicles from 7am to 7pm, it's free after those hours and during the weekend.

  • R H R H on Jul 15, 2011

    I wonder why they didn't include more cities. The city (Evanston, IL -- borders chicago on the north) garages here are $80/mo but I get it taken out pre-tax. The building parking is $130/month. I consider $80/mo pre-tax dirt cheap as parking at the train is $2 a day + $5ea way in. I live in a non-walkable community so I have to have a car anyhow. On top of it, if I took public transport my commute would go from 45-50 minutes each way to 45-50 minutes on the train + a 20-30 minute drive.... If I'm willing to park on the city garage roof (and have a burning hot car in summer, and snowed in car in winter) I can do it for $55/mo pre-tax. I'm also surprised Brazil wasn't mentioned. Even in my wife's city if you go to the mall it costs 4+ reais to park (OUTSIDE of sao paulo city) for just a few hours....4 reais is currently about $2-3...or about $1-$1.50/hour. I guess in a country which has a yearly car registration for newer cars at $1000/year (reais), it doesn't matter much. Perhaps our Brazilian article contributor (haven't seen him around in a while....?) can comment more on the parking situation in SP city and Rio and perhaps Brasilia...?

  • Patrickj Patrickj on Jul 15, 2011

    Actually, I find the more expensive street parking in cities like DC useful. It drives long-term parkers, local residents, and store employees into garages or off main streets, and leaves an occasional street space for the rest of us. The cruise endlessly for a $1.25 street space or pay $10+ in a garage is a dumb choice. I've found a couple of paid street spaces in DC over the past year that I never would have found with the old system. Think I paid $3 for the last one.

  • Redav Redav on Jul 15, 2011

    I just don't get it. I'll pay between $5-$15 to park for a pro sports game once or twice a year, but I can't recall any other instance of paying to park.