The cost to install smart parking meters typically range from $250 to $500 per meter.

Smart Parking Meter cost data out of the City of Milwaukee.

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Smart parking meters designed to work in conjunction with parking apps, street sensors and mounted cameras can automate operations for agency parking services and make self-parking easier for drivers. In Milwaukee, smart parking meters from three companies are being tested in five locations: Broadway in the Third Ward, Old World Third Street, Brady Street, North Avenue, and an area at Oakland and Locust.

Each smart meter installed cost between $250 and $500 dollars depending on the model installed.