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Parking Fees Rise in Downtown Reykjavík

Higher parking fees took effect in central Reykjavík this month and have been criticised by some politicians and locals. The city has instituted paid parking on Sundays for the first time and extended the hours when parking is paid on other days.

In the P1 and P2 zones, parking will be paid until 9:00 PM throughout the week. It was previously free after 6:00 PM on weekdays and 4:00 PM on Saturdays. On Sundays, parking will be subject to fees between 10:00 AM and 9:00 PM.

Three-hour limit in P1 and P2

Guðbjörg Lilja Erlendsdóttir, Director of Transport at the City of Reykjavík, says this change was implemented to accommodate residents and shop owners in the city centre. “The aim of the fees is that as many people as possible can get parking when they need it. Therefore, in toll zone 1, where there are a lot of shops and services, we are also implementing a maximum time of three hours, and are extending the toll hours in zones 1 and 2. All this is done so that residents and visitors get more parking when they need it,” Guðbjörg told RÚV. It’s important to note that residents within paid parking zones can apply for residential cards, allowing them to park within applicable parking zones for free.

Fee increase to ISK 600 in P1

In the P1 zone, the cost of parking will also increase to ISK 600 [$4.31, €4.11] per hour, from the previous rate of ISK 430 [$2.95, €3.09] per hour. However, parking will now be free in zone P3 on Saturdays. A count revealed that parking spaces were better used on Sundays than Saturdays, so the change may help to better distribute weekend traffic in the city centre.

Independence Party politician Kjartan Magnússon criticised the steep price hike in the P1 zone, which amounts to some 40%. Guðbjörg says there has been relatively little response to the changes overall, however.

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