As we’re hit with price inflations in just about every aspect of life in NYC, there’s another price hike on our horizon.
New Yorkers are still adjusting to the new MTA fare and toll increases but when it rains it pours!
Starting in October, New York City will implement an increase in parking meter rates by 20%. The rate hike will vary depending on the borough and time of day.
In a statement, a spokesperson for the DOT said the hikes intend to make it easier for drivers to find spots that were previously occupied for hours since the fare will rise as more time is added.
“By aligning meter rates with demand, we’re going to make it easier for drivers to find a spot because there will be more availability. These new rates will also reduce congestion and double parking while supporting the local economy.”
Here are the new parking meter rates and dates to help you plan your commute accordingly!
Midtown & Downtown:
- First hour: $5.50 (up 22% from $4.50)
- Second hour: $9 (up 20% from $7.50)
- Total for two hours: $14.50 (up 21% from $12)
- Parking meters for passenger cars in areas south of 96th St. will go up $1 and cost an additional $1.50 for each subsequent hour
- North of 96th St., meter fees will rise by varying amounts
Rates increase starting Oct. 16.
- First hour: $3 (up 20% from $2.50)
- Second hour: $5 (up 25% from $4)
- Total for two hours: $8 (up 23% from $5)
Rates increase starting October 27th.
- First hour: $2.50 (up 25% from $2)
- Each subsequent hour: $5 (up 25% from $4)
- Total for two hours: $7.50 (up 25% from $6)
Brooklyn parking rates will increase starting November 9 at the same rate as Queens, followed by the Bronx on November 22.
On November 28, Staten Island rates will go up to match those in Brooklyn, Queens and the Bronx.
Click here to find a complete map of updates.