Construction Cost Index of Puncak Jaya Regency, Central Papua 2024

The Construction Cost Index (IKK) of Puncak Jaya Regency, Central Papua reached 334.69 points in 2024.

This figure decreased by 16.76 points compared to last year and by 125.2 points in the last five years.

According to the publication by the Central Statistics Agency (BPS) on the 2024 Provincial and Regency/City IKK, 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 costs of a building in that area.

(Read: NTT's Poverty Severity Index Decreased in the Last Decade)

Based on this definition, the IKK of Puncak Jaya Regency, which is 334.69 points, indicates that the construction costs of buildings in that area are equivalent to 3.347 times the construction costs in Banjarmasin City.

Compared to 8 other regencies/cities in Central Papua, Puncak Jaya Regency's IKK ranks 6th lowest.

The highest IKK is in Mimika Regency (121.9 points), while the lowest is in Puncak Regency (379.81 points).

Below is the list of IKK in 8 regencies/cities of Central Papua Province in 2024.

1. Mimika Regency: 121.9 points
2. Nabire Regency: 125.32 points
3. Dogiyai Regency: 172.02 points
4. Paniai Regency: 177.76 points
5. Deiyai Regency: 180.72 points
6. Puncak Jaya Regency: 334.69 points
7. Intan Jaya Regency: 342.93 points
8. Puncak Regency: 379.81 points

(Read: Construction Cost Index of Bau Bau City, Southeast Sulawesi Reaches 95.6 Points in 2024)