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Written by: The Spacer Technologies content team is a dedicated group of writers and experts with a deep-rooted passion for the sharing economy.
Edited by: Zarah’s recommended readings on Spacer Zarah has also shared her expertise in other platforms by: Learn more about Spacer’s content policiesAt Spacer Technologies, we hold ourselves to high standards when it comes to the content we produce and share. Our commitment is to provide accurate, reliable, and valuable information to our audience across all our platforms, including our website, blog, social media channels, and other communication channels.Transparency is a core value at Spacer Technologies. We believe in being upfront and honest with our audience, which is why we disclose any sponsored content or partnerships clearly. Our goal is to maintain trust and integrity with our users by being transparent about the nature of our content.Our content is carefully crafted to be relevant and valuable to our audience. We strive to deliver information that educates, inspires, or entertains our users, ensuring that it meets their interests and needs.Respect and inclusivity are fundamental to the content we produce. We do not tolerate content that promotes discrimination, hate speech, or offensive material based on race, ethnicity, gender, religion, sexual orientation, or any other characteristic.Have any questions, or concerns, or have found an inaccuracy with our content? We welcome feedback from our users as it helps us to continuously improve our content and services. Your feedback is valuable in ensuring we maintain high content quality standards and constantly improve our content.If you have any questions or concerns regarding our content policy, please don't hesitate to contact us at zarah@spacer.com
Reading time : 2 mins
“I don’t pay much for street parking” – said no one, ever.
Anyone who commutes to the city can tell you that finding reasonably affordable parking is a near impossible feat. It is a challenge that has escalated commuter costs as well as heart rates; but we have accepted this plight and habitually overpay for street parking when there are more affordable options.
Now just wait – Hear this one out. You have probably considered monthly parking and discounted the option because you only commute to the city 4 times a week – or you don’t want to pay upfront – or you have some other reason that makes you think street parking is cheaper. But let me explain why you’ll be better off committing to a month of parking instead.
Across 10 of the largest US cities, INRIX Research found that, on average, drivers spend 64 hours per year looking for parking at a cost of $1338.90 per driver in wasted time, fuel, and emissions. Pretty crazy to think about. On top of that, INRIX found that in the same 10 largest US cities, drivers add an extra 50 hours per year of paid parking to a parking transaction to avoid a ticket or in other words $322.20 extra per year! Not only is that more money, but talk about the added stress of keeping in mind when your street parking is ending.
Even though you may think you’re actually ‘saving money’ by hourly street parking… you’re forgetting to add the time it took you to find that spot, the extra money you put in to avoid a ticket, the extra fuel it took circling the area, AND the emissions you created by wandering.
While the commute to work may be essential, overpaying for parking is certainly not. We know old habits die hard and all, but we challenge you to resist the urge and try monthly parking.
The Spacer Technologies content team is a dedicated group of writers and experts with a deep-rooted passion for the sharing economy.
The Spacer Technologies content team is a dedicated group of writers and experts with a deep-rooted passion for the sharing economy.
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