It costs $429,635 to raise a child in Honolulu, 75.1 percent more than the national average of $245,340 reported by the U.S. Department of Agriculture on Monday.

Personal finance site NerdWallet delved into the numbers and its market-by-market ranking of child-rearing costs is topped by Manhattan, in New York City, at $540,514.

Honolulu is second, followed by San Francisco, Calif., Brooklyn, New York and at No. 5 on the list, is Hilo, Hawaii, at $369,559.

Nerdwallet researchers took the USDA’s $245,340 average and adjusted it for cost of living in each city, using the cost-of-living index provided by the Council for Community and Economic Research. Housing costs constitute 30 percent of the total cost calculated by the USDA.

Sending children to daycare costs more than sending them to college in 31 states, NerdWallet found.

The least expensive U.S. markets in which to raise a child according to NerdWallet, are Norman, Oklahoma, at $199,298, and Harlingen, Texas, at $199,694.

http://www.nerdwallet.com/blog/cities/economics/cost-raising-child/