The most expensive cities for parking in the UK have been revealed, with the priciest spot setting motorists back £7.78 an hour.
In the UK, many people use their cars daily, whether commuting to work, doing their weekly shopping, or picking up the kids from school.
As public transport can occasionally be less than reliable with fewer bus routes and frequent disruption to rail services, and as the cost of public transport has continued to rise, owning a car can appear to be a much more viable option for many people.
With this idea in mind, Moneybarn have conducted research to see which UK cities have the best parking provision, and which have the worst.
They looked into which cities have the most available parking, as well as seeing where it is most expensive to park your car.
According to the study, Edinburgh has the most expensive average parking by the hour, with the average cost sitting at £7.78.
Cambridge follows closely behind, with the average park costing £7.76 per hour. In third place was Norwich with the average cost per hour sitting at 6.73.
London came in as the fourth most expensive city to park in, followed by Brighton, Nottingham, Glasgow, Bristol, Liverpool and Newark-on-Trent.
When it comes to availability, Manchester has the most spaces per car with 37.77 spaces per 1,000 registered cars.
The top ten table for pricing is as follows:
-
Edinburgh £7.78
-
Cambridge £7.75
-
Norwich £6.73
-
London £6.56
-
Brighton £5.45
-
Nottingham £4.65
-
Glasgow £4.03
-
Bristol £3.95
-
Liverpool £3.74
-
Newark-on-Trent £3.70
Just last week, the Mirror reported on a breakdown of the UK's most affordable and most expensive airport for drivers, with the priciest airport parking costing two and a half times more than its cheapest.
Despite ranking as the most expensive city for parking, Edinburgh ranked as the most affordable airport for UK drivers based on drop-off, car rental, and parking fees.
London Stansted tops the drop-off charges table with a whopping initial fee of £7 for 15 minutes - while in summer 2019 it was £4 for 10 minutes.
Two-thirds of UK travel hubs have put up their car parking prices since the pandemic began, with drop-off charges in particular creeping up.
London Stansted continues to top the drop-off charges table with a whopping initial fee of £7 for 15 minutes - while in summer 2019 it was £4 for 10 minutes.
The costs to drive to, be dropped-off at or rent a car from an airport have reached such a level that it's definitely worth studying how much doing so will cost you before booking a flight.