Where is the most expensive parking in the world?

These are the top 5 most expensive parking spaces in the world… does your city make the list?
  1. Hong Kong – $1.3 million.
  2. New York – $1 million. ...
  3. Sydney – $525,000. ...
  4. London – $300,388. ...
  5. Shanghai – $150,000. Parking space prices in the Chinese city, as well as Beijing, have been soaring. ...




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South Korea has been named the most expensive country for daily on-street parking, with an average of $37.75, with Russia experiencing one of the greatest changes in the last three years, with a price increase of 42.7% for 2-hour off-street and 42.6% for daily off-street parking.

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US cities with the most expensive monthly parking
  • New York City, New York. Monthly Cost of Parking From: $443.51. ...
  • San Francisco, California. Monthly Cost of Parking From: $300.00. ...
  • Seattle, Washington.


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Buyers at 42 Crosby Street who pay $1 million for a parking spot will not actually own it. The condo is selling 99-year licenses for each spot. A license, unlike a deeded parking spot, entitles buyers to use the space as long as they are residents of the building and requires that it be sold in the event of a move.

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Where do rich people park their cars in NYC? They either pay for a parking spot in their building's garage, or a garage nearby. Or if they own a private townhouse, some of those have their own private garage but those are rare.

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A woman from Greece is likely the receiver of the most expensive parking ticket in the world, with the municipality of the island of Rhodes asking her to pay a breathtaking €6,648,444 ($6,740,657) for a parking-related offense. The incident was reported a few days ago by the local newspaper Rodiaki from Rhodes.

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