Get SF Weekly Newsletters

Saturday, July 12, 2008

SF's Parking Pains Place Fourth in the U.S.

Posted By on Sat, Jul 12, 2008 at 4:40 PM

click to enlarge meters.jpg

How many quarters does it take to keep those S.F. meter maids away? Answer: Too many.

According to a recent survey by real estate research firm Colliers International, our city yields the fourth highest cost in the country to park your vehicle. At a whopping average of $350 a month -- $28 a day, $4,200 a year -- San Francisco ranks only behind Downtown Manhattan ($600), New York City midtown ($500) and Boston ($460).

Colliers believes that parking costs have risen across the country for the fifth consecutive year due to an increase of office spaces used by businesses. Yet, of the 51 U.S. districts, Californians in Bakersfield pay the least for their parking at an average of $40 a month.

On top of today’s $50 parking tickets, Mayor Newsom has instated the $23 million S.F. Park Program that will hike S.F. meter prices beginning in September. A fourth of S.F. meters will apply new policies and technology to raise meter prices during peak periods of traffic, which is supposed to make parking less accessible.

Isn’t trying to find parking costly enough?

In retrospect, four dollars in downtown S.F. can buy you a gallon of gas, or little over an hour at your nearest parking meter. Those thinking of being wait-listed for a Prius -- the car can’t save you money here. But don’t complain, enjoy the “low” costs while you can. --Edward Paik

  • Pin It

About The Author

Janine Kahn


Subscribe to this thread:

Add a comment

Popular Stories

  1. Most Popular Stories
  2. Stories You Missed

Like us on Facebook


  • clipping at Brava Theater Sept. 11
    Sub Pop recording artists 'clipping.' brought their brand of noise-driven experimental hip hop to the closing night of 2016's San Francisco Electronic Music Fest this past Sunday. The packed Brava Theater hosted an initially seated crowd that ended the night jumping and dancing against the front of the stage. The trio performed a set focused on their recently released Sci-Fi Horror concept album, 'Splendor & Misery', then delved into their dancier and more aggressive back catalogue, and recent single 'Wriggle'. Opening performances included local experimental electronic duo 'Tujurikkuja' and computer music artist 'Madalyn Merkey.'"