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The cost of parking across Europe - a Euronews investigation

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By Euronews  with Euronews Special Report
The cost of parking across Europe - a Euronews investigation

<h3><strong>Europe: It is 16 times more expensive to park in London than in Sofia</strong></h3> <p>The problem is the same across Europe: parking in the centre of big cities puts money on the clock.</p> <p>Large areas of underground and surface parking are available to free up the roads in our cities – but they are hugely popular and prices vary considerably.</p> <p>Euronews has compared the average prices of:</p> <ul> <li>Car parks nearest the historic city centre</li> <li>Compared prices according to time and place</li> <li>Data gathered in April 2016</li> </ul> <h3><strong>One hour of parking – how much does it cost?</strong></h3> <ul> <li>Sofia – 0.50 euros</li> <li>Warsaw – 1.16</li> <li>Berlin – 2</li> <li>Paris – 4</li> <li>London – 8</li> <li>Stockholm . 7.65</li> </ul> <p>The average cost of parking in the 32 European cities Euronews looked at is <strong>3 euros an hour</strong>.</p> <script id="infogram_0_RjYhMHHw8hLNMOpx" title="Prix pour une heure de stationnement dans un parking en centre-ville" src="//e.infogr.am/js/embed.js?vk7" type="text/javascript"></script> <h3><strong>Is parking as expensive as housing?</strong></h3> <p>Finding somewhere to house your car can be as expensive as finding somewhere to live.</p> <p>In London, a parking place recently <a href="http://www.independent.co.uk/news/uk/home-news/uks-most-expensive-car-parking-space-on-the-market-for-350000-a6939011.html">sold</a> for 445,600 euros. That is twice the price of the country’s average house.</p> <p>Space is at a premium in busy city centres. </p> <p>Perhaps unsurprisingly, at 25,264 euros, London is the most expensive city per square metre for parking.</p> <p>At the other end of the scale in Bucharest, the price per square metre is only 1, 682 euros.</p> <p>There are exceptions, however.</p> <p>In Spain, parking by the hour in Madrid and Barcelona is relatively expensive (4.89 and 3.70 euros respectively). However, at 4,000 euros, buying a parking place is relatively cheap.</p> <p>In Norway, it costs an average of 6,40 euros to park by the hour, yet a relatively low 6, 286 euros to buy a place.</p> <script id="infogram_0_pEU6Apj24w9NBVoq" title="Coût d'une heure de stationnement en fonction du prix du mètre carré en centre-ville" src="//e.infogr.am/js/embed.js?BMK" type="text/javascript"></script> <h3><strong>Is it linked to the price of petrol?</strong></h3> <p>A correlation can be detected in some countries.</p> <p>In Sofia, where at 0,921 euros per litre, lead-free petrol is the cheapest in Europe, parking is also the cheapest (0,50 euros).</p> <p>Compare this to Amsterdam. At 1, 546 euros per litre, lead-free petrol is at a record high. Parking for an hour costs 5 euros.</p> <p>Again, exceptions exist. Lead-free petrol in Helsinki and Lisbon costs around the same per litre. However, an hour of parking is twice as expensive in Finland as it is in Portugal.</p> <h3><strong>Busy cities, pricey parking</strong></h3> <p>There are 26 million parking places available around <a href="http://www.europeanparking.eu/">Europe</a>:</p> <p>Prices soar in cities where the authorities are trying to limit vehicle use. Taking your car into central London is expensive for this very reason.</p> <p>And it works. Locals are more likely to leave their car at home and use public transport.</p> <h3>Barcelona</h3> <ul> <li>2013 – reviewed its on-street parking policy</li> <li>Priority was given to 650,000 park and ride places</li> <li>Fewer cars now in city centre</li> <li>More room for pedestrians, bikes and public transport</li> <li>3.70€ to 25€ daily parking rate</li> </ul> <h3><strong>What about long-stay parking?</strong></h3> <p>Parking for the whole day or month is a different matter.</p> <p>This can cost from 15 € in Ljubljana to 40 € in Vienna.</p> <p>At 66 € per day, Geneva is top of the table while Sofia is bottom at 5.11 €.</p> <p>The majority of the other major cities stand at around 20 € per day. Paris and London are the exceptions at 36€ and 48€ respectively.</p> <h3><strong>Is it the same price to park across each city?</strong></h3> <p>London is a good example of the variation there can be in prices across a single metropolitan area.</p> <ul> <li>Q Park (Covent Garden) – 8.23 €</li> <li>Q Park (Victoria) – 8.23 €</li> <li><span class="caps">NCP</span> (Oxford Street) – 11.40€</li> <li><span class="caps">RCP</span> (St Pancras) – 3.80€</li> </ul> <p>it is clear that parking in London is only for the rich.</p> <p>With the average salary standing at 60, 9797€ (167€ per day), the average cost for a day’s parking is 48€ – 29% of the average salary.</p>