BOSTON (CBS) – Mayor Marty Walsh said Boston officials will consider a hike in parking meter rates aimed at easing traffic issues in congested areas.

Walsh said following a speech at the Great Boston Chamber of Commerce’s annual breakfast that at $1.25 per hour, Boston’s parking meters are three to five times cheaper than other cities.

READ MORE: How Long Should You Wait To Be Boosted After Getting COVID? Dr. Mallika Marshall Answers Your COVID Questions

The mayor said with cheaper parking meters, drivers are more likely to circle the block waiting for a space to open rather than paying for parking in a more expensive garage.

In busy neighborhoods, drivers looking for parking spaces causes traffic congestion.

READ MORE: I-Team: Mass General Brigham Nurses Concerned About Limited Supply Of N95 Masks

“We looked at what other cities have done. San Francisco did something similar,” Walsh told reporters.

“One great example is Fenway Park. Around Fenway Park your parking meter is $1.25 an hour yet parking lots making $50 for a game. So we’re going to be exploring that option.”

San Francisco’s surge pricing pushed rates to $7 per hour at some city meters. But Walsh said that such a high rate “has never been on the table” for Boston’s plan.

MORE NEWS: Massive Wind-Whipped Fire Spreads To Several Salisbury Buildings

WBZ NewsRadio 1030’s Kim Tunnicliffe reports