Construction Costliness Index of Sibolga City, North Sumatra 2024

The Construction Costliness Index (IKK) of Sibolga City, North Sumatra, was 102.94 points in 2024.

This figure increased by 0.42 points compared to last year and decreased by 5.31 points over the last five years.

According to the publication by the Central Statistics Agency (BPS) regarding the Provincial and Regencies/Cities IKK 2024, IKK is a price index that describes 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 price of a building in that area.

(Read: Construction Costliness Index of North Kolaka Regency, Southeast Sulawesi Reached 92.14 Points in 2024)

Based on this definition, Sibolga City's IKK of 102.94 points indicates that the construction price of buildings in the area is equivalent to 1.029 times the construction price in Banjarmasin City.

Compared to 33 other regencies/cities in North Sumatra, Sibolga City's IKK ranks 27th lowest.

The lowest IKK is in Batu Bara Regency (88.66 points), while the highest is in West Nias Regency (115.36 points).

Here is a list of the 5 regencies/cities with the lowest IKK in North Sumatra in 2024.

1. Batu Bara Regency: 88.66 points
2. Deli Serdang Regency: 89.32 points
3. Pematang Siantar City: 92.05 points
4. Binjai City: 92.06 points
5. Asahan Regency: 93.06 points

List of the 5 regencies/cities with the highest IKK in North Sumatra in 2024.

1. West Nias Regency: 115.36 points
2. South Nias Regency: 110.59 points
3. Nias Regency: 110.03 points
4. North Nias Regency: 107.35 points
5. Gunung Sitoli City: 103.43 points

(Read: Construction Costliness Index of Alor Regency, East Nusa Tenggara 2024)