According to Colliers International 2008 Parking Rate Survey, Seattle's parking rates are definitely higher than the median for many cities in the US. But they are still not nearly as bad as New York, Boston or San Fransisco. If fact, of the 52 US cities surveyed, Seattle ranks 7th with a median cost of $260 per month. (the survey breaks NYC into two markets). According to the survey the five most expensive parking districts in the U.S. are (median monthly rates):
- New York City, Midtown: $585.00 per month
- New York City, Downtown: $462.00 per month
- Boston, MA: $460.00 per month
- San Francisco, CA: $350.00 per month
- Chicago, IL: $310.00 per month
And the five least expensive parking districts in the U.S. are (median monthly rates):
- Bakersfield, CA: $40.00 per month
- Reno, NV: $45.00 per month
- Phoenix, AZ: $52.50 per month
- Santa Rosa, CA / Fresno, CA (tie): $55.00 per month
- Memphis, TN: $57.00 per month
But when you compare our rates to London where the (median) monthly parking rate is a bloody $1166.87, we are down right cheap!