Payback Calculator

Calculate your return on investment and the effect of various rates and occupancy.

Parking Meter Payback Calculator

Modify the Input Variables to See the Effect on Revenue and Payback

Number of Days per Week Enforced
Number of Hours per Day Enforced
Rate Per Hour	$
Estimated Occupancy Percentage*		%
Gross Revenue per Week per Meter
Purchase Cost of Meter (per space)**	$
Payoff Time (Weeks)
Quantity of Meters
First Year Estimated Gross Revenue per Meter
Second Year Estimated Gross Revenue per Meter
Total for All Meters in Year 1
Total for All Meters in Year 2

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Courtesy of

This model assumes the meters are well enforced, however it does not include the revenue from violations, which always exceeds meter intake in successful paid parking systems. Frequent, judicious enforcement is vital to prevent motorists' ignoring the meters.

*85% occupancy is considered optimum by industry standards to maximize turnover AND revenue.

**Cost varies based on features and options, many of which can also increase enforcement revenue and decrease maintenance and collections expenses. Installation costs may be included here.

The Originator of Metered Parking