Time Is Money
Drivers in cities with the lowest average parking costs tend to park for longer periods of time. Case in point: Houston, Sacramento and Denver commuters clocked average parking durations of 7+ hours on a typical workday. Conversely, cities with pricier parking registered lower average parking durations. Baltimore is a prime example, as its fourth-highest prices coincide with an average stay of only 4 hours.
One explanation for this may be that drivers in cities with more expensive parking tend to book in smaller increments for individual meetings or appointments. Another possibility is that commuters in larger, costlier cities may occasionally opt to take transit and rideshares instead of driving.
Looming Price Hikes for the B&T Crowd
Unfortunately, wallets of Manhattan-bound drivers are likely in for a twofold wallop starting in 2021. As congestion pricing is set to increase the cost of driving into the city center at peak hours, it’s expected that parking across the East and Hudson Rivers will also see a corresponding rise in price. Bad news for commuters, but good news for parking operators in the outer boroughs and New Jersey.
In Some Cities, Higher Temps Mean Higher Prices
Warmer months bring millions of tourists to Washington, D.C. every year. It seems even muggy heat and partisan bickering can’t keep crowds away from the nation’s capital during the summer. Unsurprisingly, parking tends to be most expensive near attractions like museums and Capitol Hill. Visitors to the National Mall might consider parking on the Virginia side of the Potomac and taking a rideshare or the Metro over the bridge to save money.
When baseball season comes to Chicago, similar spikes in parking rates occur on the city’s north side. As the Wrigleyville neighborhood has welcomed a championship-winning team in recent years, and as development around the ballpark has accelerated, attractions new and old are likely to continue driving higher parking prices in summer.
What to Expect When You’re Expecting
(to Park on Date Night)
Being a parent can be hard. But if you’re a parent in Philadelphia and planning a date night without the kids…well, it gets harder. With a whopping average cost of $41.59, the City of Brotherly Love pays the most to park on a Saturday evening. Sorry, Philly parkers – you tend to pay nearly 100% more for date night parking than the national average.
Introducing the
Arrive Quarterly
Parking Report
At Arrive, we believe in leveraging intelligent parking solutions to streamline the end of every journey. We also believe that the best way to build the future of mobility is to work together with companies, cities and policy-makers who believe in the same future. That’s where the Arrive Quarterly Parking Report comes in.
This report sources data from our own ParkWhiz and BestParking brands, as well as a variety of secondary resources. By analyzing parking rates and trends across major metropolitan areas, we want to help consumers make more informed decisions when traveling in urban centers and give organizational decision-makers the data needed to improve transportation and mobility options for a fully-connected world.
Explore the info below to see how your city ranks and check out some of our key learnings.
Q3 2019 Key Learnings
One potential consolation: when factoring in other costs like a meal out and a babysitter, no one shells out more on date night than parents in New York and San Francisco. All told, an evening out in these cities can end up costing Mom and Dad an estimated $185.
How can you have a nice night away with your S.O. while still being able to afford college for the kids? Consider relocating to Detroit. Parents in the Motor City spend an estimated total of $133 for a Saturday night together – nearly 30% less than in the most expensive cities.
Our next parking report for 4Q19 will be released
in early 2020. In the meantime, contact us at
media@arrive.com with any questions.
$185 for
a date night
A Texas-Size Surprise
Turns out not everything is bigger in the Lone Star State. Houston, Texas can now add lowest average cost of parking ($8.31) to its list of boasts, in addition to being America’s fourth most populous city and largest by total land area. Less surprising and even less brag-worthy: commuters in the Big Apple have the biggest average parking price tag. In fact, at an average of $23.51, New Yorkers pay nearly three times more than Houstonians.
New Yorkers pay
nearly three times
more than
Houstonians.
Introducing
the Arrive
Quarterly
Parking
Report
At Arrive, we believe in leveraging intelligent parking solutions to streamline the end of every journey. We also believe that the best way to build the future of mobility is to work together with companies, cities and policy-makers who believe in the same future. That’s where the Arrive Quarterly Parking Report comes in.
This report sources data from our own ParkWhiz and BestParking brands, as well as a variety of secondary resources. By analyzing parking rates and trends across major metropolitan areas, we want to help consumers make more informed decisions when traveling in urban centers and give organizational decision-makers the data needed to improve transportation and mobility options for a fully-connected world.
Explore the info below to see how your city ranks and check out some of our key learnings.
Q3 2019 Key
Learnings
A Texas-Size Surprise
Turns out not everything is bigger in the Lone Star State. Houston, Texas can now add lowest average cost of parking ($8.31) to its list of boasts, in addition to being America’s fourth most populous city and largest by total land area. Less surprising and even less brag-worthy: commuters in the Big Apple have the biggest average parking price tag. In fact, at an average of $23.51, New Yorkers pay nearly three times more than Houstonians.
New Yorkers
pay nearly
three times
more than
Houstonians.
Time Is Money
Drivers in cities with the lowest average parking costs tend to park for longer periods of time. Case in point: Houston, Sacramento and Denver commuters clocked average parking durations of 7+ hours on a typical workday. Conversely, cities with pricier parking registered lower average parking durations. Baltimore is a prime example, as its fourth-highest prices coincide with an average stay of only 4 hours.
One explanation for this may be that drivers in cities with more expensive parking tend to book in smaller increments for individual meetings or appointments. Another possibility is that commuters in larger, costlier cities may occasionally opt to take transit and rideshares instead of driving.
Looming Price Hikes for the B&T Crowd
Unfortunately, wallets of Manhattan-bound drivers are likely in for a twofold wallop starting in 2021. As congestion pricing is set to increase the cost of driving into the city center at peak hours, it’s expected that parking prices across the East and Hudson Rivers will also rise considerably. Bad news for commuters, but good news for parking operators in the outer boroughs and New Jersey.
In Some Cities, Higher Temps Mean Higher Prices
Warmer months bring millions of tourists to Washington, D.C. every year. It seems even muggy heat and partisan bickering can’t keep crowds away from the nation’s capital during the summer. Unsurprisingly, parking tends to be most expensive near attractions like museums and Capitol Hill. Visitors to the National Mall might consider parking on the Virginia side of the Potomac and taking a rideshare or the Metro over the bridge to save money.
When baseball season comes to Chicago, similar spikes in parking rates occur on the city’s north side. As the Wrigleyville neighborhood has welcomed a championship-winning team in recent years, and as development around the ballpark has accelerated, attractions new and old are likely to continue driving higher parking prices in summer.
What to Expect When You’re Expecting (to Park on Date Night)
Being a parent can be hard. But if you’re a parent in Philadelphia and planning a date night without the kids…well, it gets harder. With a whopping average cost of $41.59, the City of Brotherly Love pays the most to park on a Saturday evening. Sorry, Philly parkers – you tend to pay nearly 100% more for date night parking than the national average.
$185 for a date night
One potential consolation: when factoring in other costs like a meal out and a babysitter, no one shells out more on date night than parents in New York and San Francisco. All told, an evening out in these cities can end up costing Mom and Dad an estimated $185.
How can you have a nice night away with your S.O. while still being able to afford college for the kids? Consider relocating to Detroit. Parents in the Motor City spend an estimated total of $133 for a Saturday night together – nearly 30% less than in the most expensive cities.
Our next parking report for 4Q19 will be released in early 2020.
In the meantime, contact us at media@arrive.com with any questions.