Parking Meter Calculator — Formula
## Parking Meter Time Calculation
Knowing how much time your coins buy helps avoid parking tickets, which typically cost $35-$75 or more.
### Formula
**Time (minutes) = Amount Inserted / Rate per Hour x 60**
Metered parking rates in US cities typically range from $1-$6 per hour, with downtown areas and event venues at the higher end.
Knowing how much time your coins buy helps avoid parking tickets, which typically cost $35-$75 or more.
### Formula
**Time (minutes) = Amount Inserted / Rate per Hour x 60**
Metered parking rates in US cities typically range from $1-$6 per hour, with downtown areas and event venues at the higher end.
Exemplo Resolvido
Inserting $5.00 at a $2.50/hour meter.
- Time = $5.00 / $2.50 x 60 = 120 minutes
- That is 2.0 hours of parking
- Cost per minute = $2.50 / 60 = $0.042