Parking Cost Calculator
Calculate parking costs
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Parking Cost Calculator helps you calculate parking costs — free, instant, in your browser. Drop Daily Rate ($) and Days/Month into Parking Cost — the figure refreshes as you type. Every Parking Cost answer can be reproduced by hand. Parking Cost suits budgeting and planning checks. No sign-up is needed for Parking Cost. The math runs on your device. Looking for parking cost calculator or free online parking cost calculator? Parking Cost covers both. Parking Cost goes from question to answer fast. Parking Cost stays bookmarked for next time.
What parking adds up to
Monthly = daily rate × days per month. At the defaults — $15 a day, 22 working days — parking costs $330 a month, or $3,960 a year.
That annual figure is the one that deserves attention. For many commuters it is the second-largest car cost after depreciation, and it is the one that appears in no comparison of running costs.
Working out a monthly parking cost
Monthly cost = Daily rate × Days parked per month
At $15 a day for 22 working days: 15 × 22 = $330 per month.
| Daily rate | 22 days/month | Annual |
|---|---|---|
| $5 | $110 | $1,320 |
| $10 | $220 | $2,640 |
| $15 | $330 | $3,960 |
| $20 | $440 | $5,280 |
| $25 | $550 | $6,600 |
Compare against a monthly permit if your city offers one. Related: commute cost and auto guides.
The arithmetic
Monthly = 15 × 22 = $330.
Yearly = 330 × 12 = $3,960.
22 is the usual count of working days in a month once weekends and public holidays are removed. Using calendar days (30) overstates a weekday commuter’s cost by more than a third.
Worked variations
$8 a day, 22 days → $176 a month, $2,112 a year.
$25 a day, 22 days → $550 a month, $6,600 a year.
$15 a day, 3 days a week (about 13 days a month) → $195 a month, $2,340 a year.
The third line is the hybrid-working case, and it is the one people get wrong: two days a week at home does not cut parking by 40%, it cuts it by 40% of the days you actually drive, which is usually close to the same thing — but only if you are not paying for a monthly permit regardless.
Comparing it with the alternatives
- A monthly permit. Often $150–$250 where daily rates are $15–$25; the permit wins above about 12 days a month.
- Public transport. Compare the annual parking figure with an annual pass, not with a single ticket.
- Early-bird and validated rates. A $10 early-bird rate against $15 standard saves $1,100 a year at this volume.
- Park-and-ride. Usually the cheapest option when the last mile is served, at the cost of time.
What the figure leaves out
Taxes and surcharges on commercial parking, the occasional ticket, and the value of the time spent circling for a space. It also assumes a fixed daily rate — event pricing, peak surcharges and weekend rates are not modelled, so use the rate you actually pay most often.
Worked example
Everything below is the page’s own arithmetic: the defaults above, run through the same formula the calculator uses, so the figures can be reproduced by hand.
- Daily Rate ($): 15
- Days/Month: 22
The result is $330.00/mo. The same run also reports: Yearly: $3960.00. Change one input on the page and every number above recalculates from scratch — nothing is stored, so a second run with the same values returns the same figures.
Frequently Asked Questions
Why is $15 a day $3,960 a year?
Because 22 working days a month gives $330, and twelve months makes $3,960. The calculation assumes a weekday commute; weekends and holidays are excluded from the 22 days.
Should I use 22 days or 30?
22 for a weekday commute — it strips out weekends and public holidays. Using 30 overstates the cost by about 36% for someone who only parks on working days.
When is a monthly permit cheaper?
Above roughly 12 days a month, at typical city rates. A $200 permit against $15 daily breaks even at about 13 days, so a full-time commuter usually saves by taking the permit.
Does this include the cost of driving there?
No — fuel, wear and tolls are separate. Parking is one line in the cost of commuting, and the annual total here is what you compare against a transit pass.
How much does hybrid working save?
Roughly in proportion to the days you stop driving. Two days a week at home cuts about 40% of the cost, at these defaults from $3,960 to around $2,340 a year.
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