Construction Cost Index of Lahat Regency, South Sumatra Reaches 85.48 Points in 2024
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Construction Cost Index (IKK) of Lahat Regency, South Sumatra was 85.48 points in 2024.
This figure decreased by 0.13 points compared to last year and by 8.04 points in the last five years.
Citing the 2024 Provincial and Regency/City IKK publication by the Central Statistics Agency (BPS), IKK is a price index that illustrates the level of construction costliness of 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 costs of a building in that area.
(Read: Bau Bau City, Southeast Sulawesi Construction Cost Index Reached 95.6 Points in 2024)
Based on this definition, Lahat Regency's IKK of 85.48 points indicates that the construction costs of buildings in the area are equivalent to 0.855 times the construction costs in Banjarmasin City.
Compared to 17 other regencies/cities in South Sumatra, Lahat Regency's IKK ranks as the 2nd lowest.
The lowest IKK is in Ogan Komering Ulu Regency (83.37 points), while the highest is in Muara Enim Regency (94.79 points).
Here is a list of the 5 regencies/cities with the lowest IKK in South Sumatra in 2024.
- Ogan Komering Ulu Regency: 83.37 points
- Lahat Regency: 85.48 points
- Palembang City: 85.89 points
- Ogan Ilir Regency: 87.91 points
- Empat Lawang Regency: 89.46 points
List of 5 regencies/cities with the highest IKK in South Sumatra in 2024.
- Muara Enim Regency: 94.79 points
- North Musi Rawas Regency: 93.81 points
- Pagar Alam City: 93.79 points
- Penukal Abab Lematang Ilir Regency: 93.56 points
- Banyuasin Regency: 93.46 points
(Read: Construction Cost Index of Puncak Jaya Regency, Central Papua 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."