Chicago rated worst city for parking – but this could have some benefits

Nerdwallet named Chicago the worst city for parking based on the factors of price and number of car thefts:

Takeaways:

  • Chicago is the worst city for parking — and also the most controversial. Parking prices skyrocketed in 2009 after the city made a deal for a group of investors, organized by Morgan Stanley, to operate its meters for 75 years.
  • Though you’ll probably enjoy Hawaii’s capital, Honolulu is an extremely expensive city to park in; it’ll run you $42 a day.
  • There are a lot of car thefts in Oakland — 124.59% more per capita than the national average.

1. Chicago, Ill.

This city is known for its parking woes—especially the controversial privatization of the parking meters, which led to a dramatic increase in parking fees in 2009. A consortium called Chicago Parking Meters LLC operates the meters. You’ll drop $35 a day to park in the city and $289 per month. The city lists the fines you’ll receive for various parking violations on their website.

This spring, Chicago will test its new ParkChicago app, which allows drivers to pay for parking via an app rather than a meter. There are various websites that help you find the cheapest parking in the city. Chicago is one of the cities supported by SpotHero.com, which helps you find parking and prepay. However, if you want to ditch driving altogether, the city has multiple public transportation options. Bus and “L” riders will soon be able to use their phones to pay for rides.

Unfortunately, Chicago also has 33.4% more motor vehicle thefts per capita than the national average. And if you get a citation, you must contest it within seven days of receiving it or pay the fine online.

Parking is heavily dependent on the number of people and amount of space available. In other words, urban density. If you look at the bottom of the list, or “the best cities for parking your car,” they are all sprawling Sunbelt cities. Presumably, they have much more space and are less dense, driving down parking prices.

Of course, there are positives to having bad parking. Such urban densities that make parking more expensive can lead to:

1. Vibrant mixed-use neighborhoods with plenty of housing as well as businesses, stores, public spaces, and culture. Lots of people in a small amount of space can lead to some exciting urban scenes.

2. Plentiful and efficient mass transit. This is difficult to provide when there are a limited number of riders and the transit has to cover a lot of ground.

3. A lot more people walking and riding bikes. This is good for health, limiting pollution, and livelier streets.

4. The space that might be devoted to cars (wider streets, on-street parking, parking lots and garages) can be devoted to other things. For example, see this analysis of snow plowing on Philadelphia city streets that reveals the potential space.

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