Is it Worth Owning a Car in NYC?

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Living in New York City is a dream for many people. The people who live here cannot say the same, especially when it comes to parking. Everybody knows that traffic in big cities can be a nightmare, and The Big Apple is no different. Squeezing into parking and fighting traffic can change your whole schedule for a day. With so many downsides to owning a car in NYC, are there any benefits when moving to Manhattan? Freedom is the main good side, and it can be a game-changer for living in a crowded city. So the question is, should you get a car if you live in NYC? We will try to answer the question.

What is the parking situation like when owning a car in NYC?

Everybody who has at least visited New York knows how difficult it is to find parking here. Because of that, if you are hiring some Manhattan moving companies, make sure to reserve a parking spot on time. Finding quick and easy street parking can sometimes feel like a dream that you cannot accomplish. Outdoor dining made the situation even worse by occupying thousands of spots on the streets. Some of the most popular neighborhoods like Manhattan, Queens, Brooklyn, etc. have the most difficult parking situations. Usually, the denser the borough is populated, the more time you will spend driving around looking for parking. This is mostly due to the existence of numerous apartment buildings.

Picture of a yellow painted pedestrian lane
When hiring movers, you need to reserve packing on time

Garages

Before you start looking for moving boxes Manhattan for your upcoming move, think about garage parking. Owning a car in NYC can make you spend up to $280,000 if you want to have your parking spot in a garage. New York is famous for its ridiculous garage parking fees. Renting a parking spot is also not affordable, going from $150 to $500, depending on the neighborhood. The average cost of monthly parking in a commercial garage in Manhattan is $570, and in Brooklyn is $280.  However you want to take it, you will be paying as much as some people pay rent in other cities, just to keep your car indoors. You decide by yourself if it is worth it.

Important things to keep in mind

Skipping the garage parking doesn’t have to mean that you will save money. The money that you save here will probably be spent on other parking fees. NYC is notorious for its tricky alternate-side parking system. One thing that you have to add to your daily routine is circling looking for a spot before street cleaning days or moving your car in the morning that day. Some neighborhoods, like Manhattan, apart from having great Manhattan storage options, also have more street cleaning days. That also means that you will have to spend more time moving your car if you have one.

Parked cars on a street
Add looking for parking to your daily routine if you have a car

Final thoughts on owning a car in NYC

As you can see, there are quite a few things to consider before you decide that owning a car in NYC is for you. If you don’t mind using public transportation for commute and everyday needs, you probably won’t even need a car. No car – no worries!

 

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