Parkopedia, in November, released its 2019 North America Parking Index – its third annual update on the 50 most expensive cities for short-stay, daily and monthly paid parking in North America. This year, the report includes street pricing for the first time, as well as an analysis of 10 U.S. cities.

Report highlights include:

Cost of 2 Hour Parking

Motorists will find cheaper parking on-street as opposed to off-street (e.g. parking garage) in most North American cities, with significant price differentials in Denver, Boston, Jersey City, Newark and Dallas.

New York retains its position as the most expensive city in North America (and the world) for short-term off-street parking, with Chicago in second and Boston in third. Montreal is now the most expensive Canadian city for 2-hour parking for both on-street and off-street, overtaking 2017’s most expensive city, Calgary.

Cost of Daily and Monthly Parking

The same three cities that rank most expensive for two-hour off-street parking– New York, Boston and Chicago – are also the most expensive for daily parking. New York is again the most expensive North American city for monthly parking, with Boston in second. San Francisco was pushed into fourth place by Jersey City.

To access the full report, visit:https://business.parkopedia.com/2019-north-america-parking-index

 

Source: Parkopedia

Article by Black Car News

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