Revealed: the cities with the world’s most expensive car parking

A new study of 65 cities reveals the world's most expensive parking. You'll need to dig deep to park your car in New York, Boston, Sydney and London.

City parking UK

London is the world’s fourth most expensive place to park a car. That’s according to a recently published Parking Price Index.

The study looked at 65 cities to highlight the differences in the cost of parking around the world. Five parking locations were considered: airport, shopping district (car park), shopping district (street parking), stadium and city hall.

City hall was chosen as these buildings are generally located in the centre of the town, where parking can command a premium. The cities were ranked in terms of average percentage deviation.

The study suggests that London is the second most expensive city when it comes to parking at a stadium. A cost of £30 per hour is just 75p behind Philadelphia.

At £7.80 per hour, London is ranked fifth for airport parking costs. Meanwhile, a cost of £4.90 per hour puts London second behind Amsterdam for street parking.

Find cheap or free parking spaces in advance

Seven out of the ten top most expensive places to park are in the United States, with New York and Boston proving to be more expensive than London. The UK capital is sandwiched between two Australian cities: Sydney and Brisbane.

Fixter, the company behind the research, claims that major hubs like London “stand to lose an estimated £449 million due to the [coronavirus] pandemic”.

This is based on the £727 million parking revenue collected by Greater London boroughs in 2019. After expenses, this gives a surplus of £454 million.

The most expensive places to park

Here are the ten most expensive places to park, along with the UK cities included in the Fixter study. Click here to see the full data and methodology.

Ranking and global cityAirport (per hour)Shopping
Car park (per hour)
Shopping
Street (per hour
Stadium (per hour)City hall (per hour)Average deviation
1. New York£6.15£23.06£3.46£25.37£19.22354.75%
2. Boston£6.15£19.22£2.88£23.06£15.38282.85%
3. Sydney£10.00£14.95£3.81£15.47£9.79210.98%
4. London£7.80£8.00£4.90£30.00£10.00191.07%
5. Brisbane£9.79£9.28£2.58£25.52£9.28173.62%
6. Philadelphia£4.61£9.23£1.54£30.75£9.23269.20%
7. Chicago£2.31£7.69£3.46£26.91£7.69126.40%
8. Minneapolis£3.84£8.46£2.31£19.22£9.23123.51%
9. San Francisco£6.15£7.69£2.88£26.91£4.61113.51%
10. Washington£4.61£6.92£1.77£23.06£7.69106.59%
13. Leeds£10.00£6.60£2.80£18.00£2.5083.06%
19. Liverpool£7.50£1.00£2.00£30.00£3.0052.66%
20. Manchester£7.00£3.20£3.00£21.00£2.0047.55%
23. Edinburgh£7.00£2.70£4.60£14.00£2.0040.94%
24. Birmingham£5.70£2.00£3.50£15.00£4.0038.49%
29. Glasgow£5.99£2.00£4.00£8.50£3.0020.79%
34. Cardiff£3.00£2.00£2.10£10.00£4.506.81%
37. Sheffield£5.00£2.50£2.60£7.00£2.500.82%
53. Belfast£5.00£2.50£1.20£2.30£0.60-37.56%

Earlier this year, we revealed how you can save money on car parking. You might also be interested in the places you’re not allowed to park.

ALSO READ

Blanket motorway tolls planned for Europe

The M11 is named England’s best motorway

Revealed: the first place in the UK you can legally ride an e-scooter

Related Articles

Gavin Braithwaite-Smithhttp://www.petrolblog.com
Writer with a penchant for #FrenchTat. Also doing a passable impression of Cousin Eddie in an Italian-German beige motorhome.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Volvo creates ‘ultimate driving simulator’ to boost safety

Volvo's ‘ultimate driving simulator’ uses gaming technology to develop safer cars. It blurs the line between simulation and reality.

Official figures show car use down 30% in second lockdown

Road use is down 30 percent in the UK's second 2020 lockdown, as travel restrictions continue to have an impact on car use and traffic.

Hybrid car sales to continue until 2035

The government confirms that sales of full hybrid vehicles will continue until 2035, five years after the ban on new petrol and diesel cars.

Ford Focus ST (2019) review

The Ford Focus ST edges closer to RS performance with 280hp, adaptive dampers and a Track mode. Does it share the smaller Fiesta's brilliance?

Find a Car Review