How Much Does a Parking Spot Cost in Philadelphia? We Asked Dr. Kevin Gillen.

The answer is as complicated as you'd think. As Philadelphia's neighborhoods grow, an increasing number of cars are competing for the limited amount of free and low cost spaces. That bubble may be about to burst, but in order to charge for parking, we need to understand how much does a parking spot cost in Philadelphia? How much should it cost?

To answer these questions, Houwzer has called on Dr. Kevin Gillen, our Senior Economic Advisor and Senior Research Fellow at the Lindy Institute for Urban Innovation. In order to set the fair market price for a space, he set out to understand "What Price Do Philadelphians Really Place On Their Parking?" Read the full report here.