an hour in Madrid can cost 11 times less than in London, according to this study

Many will think that whoever invented a system where you charge for parking on the street is a genius (using a euphemism). The truth is that regulated parking is the more or less effective way that town halls have of control car access in the city, and its price varies a lot from one country to another.

A study has analyzed how much does it cost to park a car on the street in 48 world capitals, and the difference can reach almost 10 euros per hour.

Stockholm and London, with the most expensive rates

London Congestion Charge
Area encompassing the London Ultra Low Emissions Zone, which covers all non-Euro 4 petrol vehicles – whether British registered or not – (January 2005) and non-Euro 4 diesel models 6 (September 2014).

Based on the prices on the web pages of the offices of the cities or units that administer regulated parking zones, the Picodi.com website has compiled a ranking of the most expensive and cheapest cities in the world to park.

Among the cities included in this study, the capital of Great Britain is the most expensive. The cost of an hour of parking in London can reach 9.9 euros, followed by Amsterdam, where the fork reaches 7.5 euros, while Paris and Zurich are around 6 euros maximum rate.

Let us remember that London established in 2019 the first permanent urban toll, which imposes an even higher rate than the one already regulated in the so-called ‘Ultra Low Emission Zone‘ to access the center.

Madrid is one of the cities where prices vary from one area to another. One hour of parking costs from 0.90 euros to 1.20 euros.

On the other spectrum, the cheapest city in the ranking is the capital of Armenia, Yerevan, where one hour of parking in the regulated parking zone costs only 0.18 euros.

The price per hour may vary depending on the demand for parking spaces in a given place. Generally, the farther from the center, the lower the rate.

But nevertheless, the annual rate of a resident for these regulated parking areas can exceed 1,300 euros in the case of Stockholm, while in Budapest it is only 5.5 euros (in the case of Madrid it is also low: 24.6 euros).

Picodi
Source: Picodi.com.

On the other hand, the study shows that in six of the 48 cities analyzed there are no exceptions for the inhabitants of streets with parking meters.

If residents want to park their car, they have to buy a garage space, find a parking space outside the regulated parking area or purchase a suitable subscription according to the general terms and conditions. These cities are, for example, New York, Kiev and Tbilisi.

On the contrary, in Mexico City, Lisbon, Buenos Aires or Rome, residents can park for free.

Photo: Wikipedia / Mariordo.

In Motorpasión | The drama of finding parking: cars are getting bigger and bigger, and the spaces are the same as in 1985


Source: Motorpasión by www.motorpasion.com.

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