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15 Little Life Hacks

Parking prices in San Francisco vs. Ann Arbor

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[This is part of the IWillTeachYouToBeRich Week of Discontent.]

Here are two different signs at parking garages I photographed in the last couple of weeks.

Ann Arbor parking garage: $0.50/half hour ($1.00/hour)
Parking in Ann Arbor

San Francisco parking garage: $2.50/20 minutes ($10 $7.50/hour)

Parking near my house

Now I’m not complaining since I moved to SF with open eyes and I know Ann Arbor is a college town, but man…that’s a staggering difference. Basically when I was visiting Ann Arbor, I just wanted to park my car and leave it there all day so I could celebrate by handing over 3 crisp $1.00 bills at the end of the day.

Similar: Look at this sign I saw in San Francisco

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  1. What’s even crazier is parking out here in the midwest. The parking garage at the hospital charges $0.25!!!

  2. Pretty basic supply and demand issue. Living in Boston, I know that demand for parking is insanely high, so these places can charge insanely high prices. If there isn’t a lot of demand, the prices are going to be a lot lower.

  3. I don’t have a nice picture but it’s often $6 for the first 1/2 hour here in Chicago.

  4. Ramit:

    Sell your car. There is no need to have a car in SF, and You can travel around the Bay Area by BART.– the little train.
    If you need to move around your company will pay for your montly transportation bill.
    Enjoy SF. It is a great but expensive city.

  5. Hi Ramit,

    But isn’t $2.50 per 20 minutes about $7.50 an hour?

  6. Welcome to the city Ramit. Thats why I have a scooter. It is only 25 cents/hr! I park all day downtown for $2.50.

  7. Also, $2.50/20 minutes is $7.50/hr, not $10.

  8. You have it so easy. Calgary Alberta Canada. The lot behind me is $8.00/30 minutes, $42/daily. Parking meters are $3.75/30 minutes, not that you ever can find one, and most are 30 minute max. There are also lots with NO daily maximum.

    Of course, those are CDN$, but the exchange rate still puts that $8/hour at over USD$7/hour…

    That’s what happens when the city quadruples in size over 25 years while the city council steadfastly refuses to update the parking and transportation plans for that same time frame.

  9. Those apartments are cheap for NY! I’d buy a 2BR right now!

  10. The highest prices in the country must be around Manhattan