Canadians Paying More for Parking
Ever find yourself wondering how on earth, you're paying that much to park in Toronto everyday? The latest parking rates should make us feel better though.
A new survey shows Canadian drivers are paying an arm and a leg for monthly parking, but you'll be paying the most in Calgary. The median parking rate there is $456.75 a month. The only other location in North American where you'll pay more than that, is New York City. It'll cost you about $562.00 a month there.
In Toronto, monthly parking charges were down 5 percent from last year, but we're still paying just over $316 a month.
Montreal saw the biggest growth in its rates, up 11.7 percent to $330.96 a month, and in Vancouver, it's roughly $277.82
Overall, Canadians are pumping more change into parking meters this year, as opposed to 2011.