In the second half of the twentieth century, climate scientists have observed significant climate change events. Climate change scenarios characterized by increased temperature and precipitation in urban areas have resulted in disasters such as the urban heat island effect or street flooding. In response to these extreme climate scenarios, engineers have proposed permeable pavement technology. Permeable pavement is a type of pavement that allows water to flow through existing cavities into the pavement. The benefits of permeable pavement include reducing storm water runoff, reducing the heat island effect, and improving water quality, and reducing noise. In this study, a mechanistic-empirical analysis was performed to model the performance of permeable pavement in a subtropical climate with two variations of base and soil materials under both low and high traffic scenarios. The performance criteria for fatigue cracking and rutting were used to determine the service life of the permeable pavements. Furthermore, the estimated pavement performance was used to perform the life cycle analysis of the permeable pavements. Economic, environmental, and social sustainability aspects during the construction, maintenance, and operation periods were modelled for a 20 year analysis.