SF no longer has the most expensive parking meters

March 2, 2011 5:25:28 PM PST
If you drop a quarter in a parking meter in San Francisco, you're lucky to get 10 minutes. Well now finally, another city has a higher rate.

Palm Beach Florida now is charging motorists $5 per hour to park at meters in popular locations. That's $1.50 more than the highest rate in San Francisco. The Palm Beach town council jacked up rates to make up a budget shortfall. That surprised a lot of tourists.

"Is that $5 for an hour or $5 for a day?" asked Palm Beach tourist Rui Domingos.

In San Francisco by comparison, the highest rate at a meter is $3.50 per hour -- that's in the busy financial district.