This estimator prices parking in Raleigh two ways: a flat monthly garage permit (around $100) or pay-as-you-go street and lot parking with an event multiplier for busy downtown days. It then shows daily, monthly, and annual costs so you can compare.
How it works
For pay-as-you-go, the monthly cost multiplies your hours, rate, days, and any event multiplier; a permit is a flat monthly figure:
monthly = hours_per_day * days_per_month * hourly_rate * event_multiplier
daily = monthly / days_per_month
annual = monthly * 12
A monthly permit uses its flat rate directly for the monthly figure.
Tips and example
Parking 3 hours a day at $1.25/hr for 22 days, with no event surcharge, costs
about $82.50 per month — slightly less than a $100 permit. If you also park
on event days at a 2x multiplier, the per-use total climbs and the permit wins.
Notes
These are representative Raleigh defaults you can edit. Actual rates vary by garage, neighborhood, and time of day, and downtown sales tax can apply to paid parking. Override the figures with quotes from your specific deck or lot.