Sydney's Central Business District has been ranked as one of the priciest places in the world to park a car, outranking Manhattan, Zurich and almost every city in the Asia Pacific, a new survey has found.

According to Colliers Internationals' annual parking rate survey, average cost of parking a car in Sydney's CBD is Aus 733 dollar a month, making it the fifth most expensive city in the world, AAP reported on Tuesday.

The only more expensive city in the Asia Pacific for parking is Hong Kong, where the average price is USD 748 (Aus 939 dollar). However, parking prices in Sydney are expected to sore even higher from this month.

The survey was carried out before NSW government increased its parking space levy by dollar 87 a month on July 1 and found the City of London was the most expensive location to park a car in the world on a monthly basis at a average cost of USD 1020 (Aus 1281 dollar), followed by London's West End at USD 955 (Aus 1199 dollar) a month and Amsterdam at USD 805 (Aus 1011 dollar).

The US' most expensive area was Manhattan in New York, with a median monthly rate of USD 550 (Aus 690 dollar).

Surprisingly, it is also more expensive to secure a monthly car space in Sydney than it is in Tokyo, where it costs on average USD 525 (Aus 659 dollar) a month, or Zurich where the average is USD 515 (Aus 646 dollar).

Parking in Brisbane's CBD is not cheap either. According to the Colliers survey, Brisbane is the seventh most expensive place in the world to park, at dollar 660 a month.

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