Manhattan named most expensive place to park

July 16, 2010 8:35:23 AM PDT
Manhattan is not only an expensive place to live, it's also America's costliest place to park.

According to a new real estate survey, rates at downtown garages average $529 a month. In Midtown, drivers have to pay about $538.

But in the worldwide ranking, London's prices beat Manhattan. It costs almost $1,000 a month to park there.