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).
