myParking Cost Calculator
Enter your parking rate and see your true daily, monthly, and annual spend.
€/ hr
hrs
days
Parking costs
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per year
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per month
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Per day
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Per week
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Parking days / year
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Daily cost vs transit
About the Parking Cost Calculator
Parking is often one of the hidden costs of commuting by car. This calculator converts any rate — hourly, daily, or monthly — into a true annual cost so you can see the full picture and compare it against alternatives like public transport or cycling.
Rate types
- Hourly — enter your hourly rate and hours parked per day. Best for pay-and-display or NCP-style car parks.
- Daily — for a fixed daily rate, enter how many days per week you park.
- Monthly — for a monthly permit or reserved space, the calculator works out the daily and annual equivalent.
Estimating annual parking costs
Parking costs are a significant and often overlooked part of vehicle ownership expenses. In city centres, monthly parking can rival car loan payments. When evaluating whether to own a car, commute by car, or use public transport, accurate parking cost estimation is essential. Season tickets, employer parking benefits, and cashback schemes can significantly reduce the nominal cost.
- City centre permit — monthly permits in major UK cities range from £80 to £350+
- Workplace parking — many employers provide free or subsidised parking; check your benefits
- Parking Levy (WPL) — some UK councils charge employers a Workplace Parking Levy passed on to employees
- Park and ride — typically £3-5/day versus £15-30/day in city centre car parks
Frequently Asked Questions
How is annual cost calculated?
Daily cost × days per week × 52 weeks. Monthly uses weekly × 4.33 (average weeks per month).
Parking vs public transport?
City centre parking at €3.50/hr for 8 hours costs €28/day — typically far more than a monthly transit pass.
Can I use this for airport parking?
Yes — use the daily rate type, set days per week to 7, and enter the number of days you need.
How do I find the cheapest parking near me?
Apps like JustPark, YourParkingSpace, and ParkWhiz aggregate parking options by location and show live pricing. Google Maps shows parking locations with price estimates. For recurring commuter parking, weekly or monthly permits are almost always cheaper than daily rates at the same location.
What is the Workplace Parking Levy?
The Workplace Parking Levy (WPL) is a charge some UK councils impose on employers who provide parking spaces for staff. Nottingham introduced the UK's first WPL in 2012. Employers pay a charge per parking space above a threshold, which they can pass on to employees. It is intended to reduce car commuting and fund public transport improvements.