The Hunt for Parking Apparently Costs Americans $73 Billion Annually

INRIX Research, which compiles automotive data for automakers and state agencies, is claiming Americans waste 73 billion dollars every year trying to find and hold a parking space. Following a survey of nearly 6,000 drivers in 10 U.S. cities, INRIX concluded the average driver suffers an average of 17 hours and $345 worth of wasted time, fuel, and emissions.

While that sounds ridiculous, a 2017 national survey from the United Kingdom’s Department of Transport claimed average British drivers waste four days of their lives every year doing the same thing. The number was twice as high for city-based residents. Perhaps 17 annual hours is a little more reasonable than it initially seemed.

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