Construction Cost Index of Banyuwangi Regency, East Java Reaches 96.67 Points in 2024
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The Construction Cost Index (IKK) of Banyuwangi Regency, East Java, reached 96.67 points in 2024.
This figure decreased by 2.46 points compared to last year and by 10.59 points in the last five years.
Referring to the 2024 IKK Provincial and Regency/City publication by the Central Statistics Agency (BPS), IKK is a price index that describes the level of construction cost in a regency/city compared to prices in the reference city, namely Banjarmasin City.
The higher the IKK figure in a regency/city, the higher the construction cost of a building in that area.
(Read: Construction Cost Index of Pulang Pisau Regency, Central Kalimantan Reaches 102.2 Points in 2024)
Based on this definition, an IKK of 96.67 points for Banyuwangi Regency indicates that building construction costs in the area are equivalent to 0.967 times the construction costs in Banjarmasin City.
Compared to 38 other regencies/cities in East Java, Banyuwangi Regency's IKK is ranked 22nd lowest.
The lowest IKK is in Blitar Regency (90.03 points), while the highest is in Gresik Regency (106.44 points).
Here is a list of the 5 regencies/cities with the lowest IKK in East Java in 2024.
- Blitar Regency: 90.03 points
- Pacitan Regency: 91.07 points
- Kediri Regency: 91.51 points
- Situbondo Regency: 91.91 points
- Lumajang Regency: 91.96 points
List of the 5 regencies/cities with the highest IKK in East Java in 2024.
- Gresik Regency: 106.44 points
- Sidoarjo Regency: 106.35 points
- Sumenep Regency: 102.75 points
- Surabaya City: 102.54 points
- Bangkalan Regency: 100.12 points
(Read: East Java's Gender Inequality Index Improves in 2024)
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."