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We have collected data nationwide to help calculate the average cost of parking lots in the US. The following are average costs and prices reported back to us: $1.60 per square foot (2 inch overlay) (Range: $1.49 - $1.70) $3.42 per square foot (tearout and replace) (Range: $2.50 - $4.33)
Wilson estimated break-even fees that would cover the monthly cost of providing a parking space at 10 case study sites--office buildings--in suburban areas of southern California. These averaged $48 a month and ranged from $28 to $61 (in 1992 dollars), although none of the sites had parking charges of any kind.ince a parking lot normally requires 300-350 square feet per car, this would put the land cost decision level at $6,600 to $7,700 per space. EPA's Parking Alternatives guidebook at http://www.smartgrowth.org/pdf/PRKGDE04.pdf contains a discussion of car parking costs.