Vancouver parking prices not world class yet

Rates above national average but below Calgary's

It may seem like it costs a fortune to park in downtown Vancouver.

But a new survey of parking rates shows it’s actually a bargain here compared to many cities around the globe.

Parking on average costs $20 a day in Vancouver, according to Colliers International.

That’s about 25 per cent higher than the average for both Canadian and U.S. major cities.

But Calgary and Toronto motorists both pay more – $25 and $23 a day respectively.

And parking for the day typically runs $30 to $40 in New York, Los Angeles, Chicago, Boston and Honolulu.

Winnipeg is the cheapest Canadian city at $9 a day, while it costs just $4 in Memphis, Tennessee.

The survey found monthly parking rates average $288 in Vancouver – more than the $236 national average but less than the prices in Calgary ($472), Toronto ($332) and Montreal ($297).

And all the North American pay parking prices pale in comparison to some European and Asian metropolises.

Londoners pay more than $1,000 a month for parking and prices are $700 or more in Zurich, Hong Kong, Tokyo, Rome and Geneva.

Charles Gauthier, executive director of the Downtown Vancouver Business Improvement Association, said those rates are less relevant than what’s charged elsewhere in the Lower Mainland.

“I take it with a grain of salt that we’re not Calgary or Toronto,” he said. “That doesn’t really mean much when we’re competing with Burnaby, Surrey and Richmond.”

Just Posted

Surrey cop killer gets new parole conditions

Surrey RCMP Constable Roger Pierlet, 23, was shot dead on March 29, 1974

Theft of dog-outfits ‘a huge hit’ to South Surrey mother-daughter business

Kathy Neumeyer says 100-plus dog sweaters and raincoats were nicked from her SUV last week

Work-in-progress Surrey Eagles starting ‘to gel together’

Junior hockey team brass seeing improvements as BC Hockey League season passes quarter poll

New lights, displays to make Surrey’s Tree Lighting Festival twinkle on Nov. 23

Pop singer Begonia, Fleetwood Mac tribute band among performers at Surrey Civic Plaza

Federal NDP may support B.C. with major projects, Carole James says

SkyTrain Surrey extension, Massey Tunnel need Ottawa’s help

Raptors Bling: NBA champions receive their rings in pre-game ceremony

There are over 650 diamonds — at a weight of 14 carats — in the 14-karat yellow gold ring

Olympian Brent Hayden returning to competition after seven years away

The 36-year-old has been training in Vancouver for several weeks

‘Find Trevor’: B.C. man’s dog leads searchers to rescue him after fall during hike

‘I’ve had lots of intelligent dogs, but Purple is in a class herself’

15 Canadian youths to sue Ottawa for not acting on climate change

They say young people will be more affected than other groups

VIDEO: Man in his 20s in hospital following shooting in Abbotsford

Incident takes place Tuesday night in 31700 block of South Fraser Way

Faster response may have prevented fatal outcome at B.C. trampoline park

Coroner’s report rules Greater Victoria father Jay Greenwood’s death accidental

Police watchdog investigates early morning fatality in Langley

Man died at scene following struggle with RCMP officers

Homicide team deployed in Coquitlam

Integrated Homicide Investigative Team investigating near Seaton Avenue, Ducklow Street

100-pound pumpkin stolen a second time from B.C. business

According to security footage, a man and woman took the pumpkin on Oct. 20 at 8:20 p.m.

Most Read

l -->