Expensive Parking Tradeoffs

by James & Miel on September 10, 2009 · 0 comments

Keeping with the theme of expensive city living, I wanted to throw out the recent case I heard from a friend who now no longer has parking included with her job. This means that she was weighing the pros and cons of paying $415 a month to park at her office.

True it offers some convenience and saves time in the day, but there are certainly a few better things I could think of to do with that $415 a month.

Personally you can see where I fall in the spectrum, as having a car in the first place isn’t worth it to me. Another friend was trying to convince me that I needed to take the bus to work rather that walk 1.6 miles each way, but I’ll still take walking for a bit of extra exercise than pay $50 a month. I take it about once a month, and that is enough for me.

Needless to say, I’ll be skipping the parking, but there are plenty of folks in DC who do pay it year after year. Don’t know how or why, but clearly there is a market. There are other ways to get around that are not quite as convenient but are much more frugal and will allow you to save a lot of money over time.

To each their own.



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