As anybody who has had to drive through New York City can attest that it can certainly be a nightmare. However, results of a new study suggest that parking in the Big Apple might be even more troublesome.

New York City was recently named as the most expensive place to park in the United States, considerably ahead of the next closet competitors, USA Today reports. The median monthly rate in midtown Manhattan is $541 and in downtown Manhattan it is a little less costly – at $533 a month. For compression, Boston, which ranked third, was 19 percent less at $438, and the national rate was a modest $155.22 per month.

The study, which was conducted in June by Colliers International, found that for daily rates, midtown Manhattan still held down the top spot at $41 per day, with Honolulu, Hawaii, coming in second at $38.

"This year's parking rate survey reflects a moderately improving economy and better office leasing fundamentals," Ross Moore, Colliers International's chief economist said in a statement. "Despite these improvements, operators are still holding the line on parking rates."