Downtown Milwaukee parking costs below national average

The cost to park in downtown Milwaukee is below the average parking costs for downtown areas in other cities in the United States, according to a recent report by Boston-based Colliers International, whose local affiliate is Milwaukee-based Colliers Barry.

  • The median monthly unreserved parking rate in downtown Milwaukee is $120, compared to the national average of $153.79, according to the report.
  • The median monthly reserved parking rate in downtown Milwaukee is $150, compared to the national average of $185.78.
  • The median daily parking rate in downtown Milwaukee is $12, compared to the national average of $15.42.
  • The median hourly parking rate in downtown Milwaukee is $4, compared to the national average of $5.10.
  • The median metered hourly parking rate in downtown Milwaukee is 63 cents, compared to the national average of $1.48.

New York is the most expensive city to park in, according to the report. The median cost for monthly unreserved parking in midtown Manhattan is $585 and in downtown is $450. The other most expensive parking cities, for monthly unreserved parking, are: Boston ($460), San Francisco ($350), Chicago ($310) and Philadelphia ($300).

The lowest priced cities for downtown parking, for monthly unreserved parking, include: Dallas ($90), Memphis, Tenn. ($57), Orlando, Fla. ($85), Phoenix ($52.50) and Raleigh, N.C. ($85).

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