Parking is expensive in San Francisco, but small beans compared to other cities 

Parking is expensive in San Francisco, but small beans compared to other cities

There is no doubt that parking a car in San Francisco is pretty expensive — but city motorists might want to be appreciative they don’t live in London.

At $375 a month, San Francisco ranks as the third most expensive city in the country when it comes to parking a vehicle, behind just New York City (which had the two-costliest locations — Midtown and Downtown Manhattan), and Boston, according to the latest parking survey released by Collier’s International, a commercial brokerage firm.

However, the amount locals pay to park here is a mere pittance compared to what the rates are internationally. Londoners pay a whopping $1,083 a month to park, and residents of Zurich and Hong Kong pay $822 and $744 respectively. In fact, the $541 that Midtown Manhattanites pay a month to park ranks a distant 17th on the global list, the study said.

Finding a spot may be tough in San Francisco, but its clearly not as brutal on the wallet as other international cities.

wreisman@sfexaminer.com

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Will Reisman

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Monday, Sep 15, 2014

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