Construction Cost Index of Padang Sidimpuan City, North Sumatra 2024

The Construction Cost Index (IKK) of Padang Sidimpuan City, North Sumatra was 95.61 points in 2024.

This figure decreased by 1.47 points compared to last year and fell by 6.63 points in the last five years.

Citing the Central Statistics Agency (BPS) publication on Provincial and Regency/City IKK 2024, IKK is a price index that describes the level of construction expensiveness of a regency/city compared to prices in the reference city, Banjarmasin City.

The higher the IKK in a regency/city, the higher the construction cost of a building in that area.

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Based on this definition, an IKK of 95.61 points for Padang Sidimpuan City indicates that construction costs in the area are equivalent to 0.956 times the construction costs in Banjarmasin City.

Compared to 33 other regencies/cities in North Sumatra, Padang Sidimpuan City''s IKK ranks 18th lowest.

The lowest IKK was in Batu Bara Regency (88.66 points), while the highest was 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

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