San Francisco is notorious for its mind-boggling real-estate prices. But did you know that it's also a hellishly expensive place to get a parking ticket?
Run out the meter in downtown San Francisco, and you could face a fine of $65. That hammer blow to your wallet is matched only by the fines for expired meters in New York City, according to a new study by the San Francisco Municipal Transportation Agency. (The penalty drops slightly to $55 in non-downtown areas.)
The city has famously positioned itself of late to be rather unfriendly to legal parkers as well. Rates per hour of $4.25 represent the third priciest public-parking rates in America, according to the study. In years to come, that rate is likely to soar to $6 per hour.
In making its study, San Francisco compared its own parking situation with that of 40 other major U.S. cities, plus a few suburbs and tourist destinations. Among other findings: At $5 an hour, Chicago and New York have the most expensive parking rates. And scofflaws will suffer little consequence of squatting forever in a space in St. Louis, where the fine for an expired meter is just $10.
For more about this study, head on over to this article in SFGate.
Top image credit: Flickr user sjsharktank