Chicago can now take another national title – – the most expensive place to park your vehicle.  In another annual increase authorized by the 2008 lease of the city’s meters, the loop rates will go up another seventy-five cents on January 1.  Drivers will now pay $6.50 an hour to park.  Neighborhoods near the loop will see a quarter increase in parking rates bringing the hourly rate to four dollars.  Officials stated they hope to have all meter boxes adjusted by the end of February.

For more on this story read, “Chicago parking meter rates to rise again in 2013.”