Motorists spend an average of 17 hours a year searching for spots on streets, in lots, or in garages. The hunt adds up to an estimated $345 per driver in wasted time, fuel, and emissions, according to the analysis by INRIX.
Overpaying — caused by drivers' inability to estimate how long they need to park or forking over extra at a garage to avoid the risk of getting a parking ticket — costs Americans more than $20 billion a year or $97 per driver, the report estimated.