According to a recent survey, Taipei ranks 37th out of 147 cities around the world in terms parking rates. On average, it costs nearly 9,000 NT dollars per month to park in Taipei, which many people find too expensive.

Taipei City came in 37th in a recent Colliers International survey of monthly parking rates in 147 cities around the world.

On average, car owners pay nearly 9,000 NT per month for parking in Taipei City, which is one-fourth of the average monthly wage of 36,000 NT.

Taipei 101, which provides 24-hour parking, charges 8,400 NT per month, but a private garage across the street charges just 3,000 NT per month.

According to the management of Taipei 101, the building's parking fees are a reflection of the district's land value, security patrols, and hardware facilities.

In contrast to the Xinyi District, where parking fees can be as high as 12,000 NT per month, monthly fees in public parking facilities around Dahu Park are often as low as 2,400 NT.

The Ministry of Transportation and Communications says that parking rates are set by the market, and that the government is unable to intervene.

Nevertheless, many feel that the government should build more public parking facilities to bring down parking rates at private garages.

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