$20 an hour on the east coast? Where? The only place I can imagine that is in a parking garage, not on the street. Even the most congested parts of Manhattan that actually charge for parking don’t cost nearly that much, and that’s when they do actually charge for street storage.
Sounds pretty par for the course for a parking garage in an upscale part of Boston or DC with a minimum charge.
For convention centers, hospital clinics and other "people who have to come from far away must come directly here and they are likely to have a situation whereby public transit is impractical" type destinations $20 would be cheap.
I am referring to parking garages, apologies. My experiences are mostly NYC (Manhattan, midtown and lower) and Boston's back bay, though in fairness, many places are $25-$35 for multiple hours, which is much cheaper per hour, but pretty annoying if you only need the spot for 20 minutes.
Oh my, that's shockingly cheap from my perspective.
In the downtown core of much of the east cost US, you're looking at $20+ for a minimum period of 3 hours. On the other hand, in my small city in the midwest during my adult life parking has gone from $.50/hour to $1.60/hour, and people have been outraged by each incremental increase.
Edit: noted that $20+ is often for multiple hours, but you regularly can't buy a single hour for $7, you're stuck paying a min of $20 upfront.
If you convert to monthly at that daily rate, parking costs $1550/month. If you figure your car’s share of the space in the garage is on the order of ~250 sq ft (the space itself plus a portion of the lanes in the garage), that seems about inline with what studio apartment housing goes for (quick google search turned up 500 sf studios in the $2500-$3000 range)
I’m just loosely estimating here but $50/day for vehicle storage seems like about what I would expect it to cost based on other land use in Manhattan. But of course none of it would be possible without a massive subsidy in the form of public road access.
I'm sorry but this isn't indicative of the reality of driving in NYC. If you drive into NYC, you will have to park. When you park you'll need to pay for a lot or a garage. Daily parking in NYC can cost $50-100, monthly subscriptions can easily run over $500. Even if the unlikely happens and you find a parking meter those are $10 an hour. Poor people aren't driving into NYC, they're commuting on trains like everyone else. It should also be noted the congestion fee is for driving into Manhattan, not around.
Where it's $4-6 for a few hours if you can find a spot, but a flat $20+ for a parking garage after the first half hour.
So, Baltimore, DC, stuff like that.
I would love if (_consistently available_) $15/day street parking was a thing in Manhattan, it'd be a good deal cheaper than garages and obviously a lot more convenient than keeping your car elsewhere. There isn't much benefit to having a car in Manhattan for day-to-day life, but it would be nice to have for things like day trips. Right now I park my car about 45 minutes away in another borough (at my family's house) so when I do need to drive I have a +90min fixed cost added to my commute time.
The ceiling, in this case, is $6/hour. The floor is $.25 per hour. Yep, in some areas at some times of day, parking that was formerly expensive (but lightly used) could become free.
Because I live in Melbourne, Australia, and $200 USD per month is literally what someone pays me and the spousal unit for our car space after conversion from AUD to USD, and I'm not in the CBD, and I'm assuming (i think correctly) car parking is far cheaper here than in new york city...
reply