Parking prices set to skyrocket in Sydney's north shore

Parking prices are the next living cost set to skyrocket across Sydney.

Some of the city's most popular waterfront spots will see a parking price rise from July 1.

Mosman Council is raising maximum all-day parking fees at Balmoral, Clifton Gardens and Rosherville Reserve by 75 per cent in winter, from $20 to $35.

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It will rise by even more in the summer months, up to $40 a day.

Hourly rates will also go up from $9 to $10.

Mosman Council is also raising parking fees outside Taronga Zoo by 13 per cent to $22 per day and parking at the Spit will jump $2 to $25 per day on the weekends.

The council said the change is to keep up with the Northern Beaches, where it is $10 an hour during summer.

"A lot of the income goes toward looking after facilities, garbage pick ups have to do three or four times a day because so many people." Councillor Libby McLean said.

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Locals with a permit will still be able to park for free but tourists will be impacted by the price rise.

"I don't know anywhere else in the world where parking is $10 an hour, seems unfair," a woman said.

Businesses aren't happy about the price hike either, saying it will deter tourists from visiting. 

"We really rely on people coming here especially on the weekends," Kazzi Beach Greek venue manager Valentino Michaelides said.

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At Bondi, drivers pay between $5 and $9 an hour depending on the season. 

"If it's cheaper at Bondi, more reason for them to go there instead," Mr Michaelides said.