Construction Cost Index of Nganjuk Regency, East Java Reaches 95.01 Points in 2024
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The Construction Cost Index (IKK) of Nganjuk Regency, East Java, reached 95.01 points in 2024.
This figure decreased by 0.45 points compared to last year and by 8.21 points over the last five years.
According to the 2024 IKK Province and Regency/City publication by the Central Statistics Agency (BPS), 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, an IKK of 95.01 points for Nganjuk Regency indicates that construction costs in the area are equivalent to 0.95 times the construction costs in Banjarmasin City.
Compared to 38 other regencies/cities in East Java, Nganjuk Regency''s IKK ranks 15th lowest.
The highest IKK is in Blitar Regency (90.03 points), while the lowest 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
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