The metered street parking right now in LA is usually $0.50-$2.00/hour depending on the area so that seems quite normal to me. Our meters are pretty good too and you can pay in coins or card: https://ladotparking.org/parking-meters/single-multi-space-m...
In much of Europe, rather than cheap 50ยข/hr or whatever parking, it's more common to have no fee but still a time limit. (Or, in city centres, a high fee and a time limit.)
In much of Europe, rather than cheap 50ยข/hr or whatever parking, it's more common to have no fee but still a time limit. (Or, in city centres, a high fee and a time limit.)