London Is the World’s Most Expensive City to Park a Car

London remains the most expensive place to park a car, according to the 2010 Global Parking Rate Survey by Colliers International.   The City and West End scored number one and two in terms of monthly parking rates with The City topping out at $933 USD per month (£643), followed by the West End at $874 USD (£602).  Hong Kong came in third at $745 USD per month ($5,800 HKD).  Two Australian cities again made the top 10 list:  Sydney ranked number six and Perth number seven.

The highest daily parking costs were found in European cities, with Oslo occupying the number two spot at $54.52 (352.00 NOK).  Amsterdam, Vienna, Athens and Copenhagen all made the top 10 list.  In the 2010 survey, Abu Dhabi won the dubious honor as the world’s most expense place to park for the day at $55 USD.  The cheapest city to park is Chennai, India – a bargain at 96 cents for the day.