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Collier's Parking Rate Survey and Results for 2011

The results of Colliers International's 2011 Parking Rate Survey are in for the U.S., Canada, and the rest of the world.

The U.S. national median monthly parking rate is $155.22, with the highest being midtown Manhattan at $541. Reno, Nevada is the cheapest at $45. In Canada, Calgary topped out at $486 followed by Toronto at $342 and Montreal at $305.

Globally, the most expensive cities to park in are London at an average of $1,084 a month, Zurich at $822, Rome at $719, Hong Kong at $745, Tokyo at $744 and Perth, Australia at $717.

When compared with previous years, it appears despite the strengthening economy owners and operators are holding the line on parking rates. There was little change from 2010. In the U.S., medium monthly parking rates have dropped 0.2% since 2010, and most cities were found to have between "fair" and "limited" parking, with few exceptions.

Check out the study here.

Posted in Beyond Parking on Jul 19, 2011

Lanier Parking Solutions Headquarters

A Citizens Company

  • 2600 Harris Tower
  • 233 Peachtree Street, NE
  • Atlanta, GA 30303
  • Phone: 404-881-6076
  • Fax: 404-881-6077