Aurora, IL. 1  Overview. 2  Admission. 3  Money Matters. 4  Academics. Campus Life.  Students.
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)
The New York Post did the math and these top-tier parking spots work out to be the same as getting a $115 parking ticket every day for 24 years. However, these $1 million parking spaces don't actually represent the market rate. Jonathan Miller, president of appraisal firm Miller Samuel, told the WSJ that the most expensive parking space he's seen was for $325,000 and the market rate is closer to that number.