Sorong City Construction Cost Index in Southwest Papua Reaches 113.71 Points in 2024
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The Construction Cost Index (IKK) for Sorong City, Southwest Papua, reached 113.71 points in 2024.
This figure decreased by 1.33 points compared to last year and increased by 0.68 points in the last five years.
Referring to the 2024 BPS (Statistics Indonesia) publication on Provincial and Regency/City IKK, the IKK is a price index that illustrates the level of construction expensiveness in a regency/city compared to prices in the reference city, Banjarmasin City.
The higher the IKK figure in a regency/city, the higher the construction costs of a building in that area.
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Based on this definition, Sorong City''s IKK of 113.71 points indicates that the construction costs of buildings in the area are equivalent to 1.137 times the construction costs in Banjarmasin City.
Compared to 6 other regencies/cities in Southwest Papua, Sorong City''s IKK is the lowest.
Here is the list of IKK in 6 regencies/cities in Southwest Papua Province in 2024.
- Sorong City: 113.71 points
- Sorong Regency: 116.59 points
- South Sorong Regency: 118.81 points
- Raja Ampat Regency: 123.94 points
- Tambrauw Regency: 130.55 points
- Maybrat Regency: 130.71 points
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"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."