In order to help control the parking situation in San Francisco, the city is set to install smart parking meters that will lower or raise their prices depending on demand.

It's a two-year experiment called SFpark, and the prices are going to range from the reasonable 25-cents to the I-should-have-just-taken-a-cab $6.

Fortunately, you won't come upon a meter as it changes from $1 to $4; the prices will only change once a month or less, and even then only by 50-cents at a time.

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Will it help make parking a little more sane in SF? Time will tell. [SFpark via Gadget Lab]