Paid parking: Facts & Figures

Passenger cars:

  • 80% are parked at home
  • 15% are parked elsewhere
  • 5% are on the move

Average passenger car expenses:

  • <1% Paid parking
  • 19% Fuel
  • 80% Depreciation, insurance, road tax, etc.

Demand-based pricing in San Francisco:

  • Occupancy >80% - tariff goes up
  • Occupancy <80% - tariff goes down
  • Occupancy 60%-80% - tariff unchanged

Parking tariff elasticity:

  • Parking tariffs are mostly inelastic
  • Average elasticity is 0.3, which implies
    that the elasticity of demand is low

Urban traffic:

  • 30% is looking for a place to park
  • 8 minutes to find an on-street parking space
  • 30 km/day per space unnecessary driving

Impact paid parking:

  • When introducing paid parking at 50 cents per hour, impact on demand is greater than a tariff increase of 50 cents (e.g. from € 1.80 to € 2.30).