Parking cost calculator
Occasional parking becomes a budget line when it repeats every week.
Annual parking cost
1462.50
- Cost per visit
- 9.75
- Weekly cost
- 29.25
- Average monthly cost
- 121.88
Show the working
- Hourly rate = 3.5
- Hours per visit = 2.5
- Fixed fee per visit = 1
- Visits per week = 3
- Weeks per year = 50
- Cost per visit = 3.5*2.5+1 = 9.75
- Weekly cost = 9.75*3 = 29.25
- Annual parking cost = 29.25*50 = 1462.5
- Average monthly cost = 1462.5/12 = 121.875
Values are shown to six significant figures here; the arithmetic itself runs on exact fractions and is only rounded where a number is printed.
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The formula
- visit cost = hourly rate x hours + entry fee
Daily and event maximums can lower the real price; enter the effective hourly amount when they apply.