Parking Rates Continue to Drive Up
July 26th, 2007by Aashish Dalal, Chief Whiz
The 2007 Colliers’ 7th annual North America Parking Rate Survey indicates the cost to park your car continues to increase. The average monthly parking spot in the US is now $150.81, up 4.4% from last year according to Colliers’, while daily rates jumped up to $15.38, up 3.2%.
The pinch is being felt in places like Chicago, where over 200,000 people drive downtown to their job everyday. New York City receives the honor once again with the highest rates in the US, coming in at $630 on average to park your car in Midtown. At least NY residents can be thankful the situation isn’t as dire as our friends in London have it, where they pay a whopping $1198 a month for parking! Wow!
So the question is, are you getting the best parking deal in town? Enter your destination and find out!
Comments Off


