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The Honolulu Advertiser
Posted on: Wednesday, June 24, 2009

Honolulu's $35.50 daily parking rate is second highest in nation

Advertiser Staff

Downtown Honolulu’s median daily parking rate of $35.05 is the second highest of any metropolitan area in the nation, trailing only Manhattan, according to a report by Colliers International.

In Manhattan’s Midtown and Downtown areas, the daily parking rate is $44 and $38 respectively, according to Colliers’ 2009 Parking Rate Survey. The national average is $15.96, according to the report.
While Honolulu’s daily rate is eye catching, the city’s median monthly rate of $212.33 was well below the $550 rate in Midtown Manhattan. Other cities ahead of Honolulu in monthly parking fees are Boston ($402.50), San Francisco ($350), Chicago ($325), and Philadelphia ($314). The national average is $154.23.
The report noted that “despite economic hardships, U.S. parking garage owners and operators have managed to hold rates at last year’s levels.”