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Iowa vs Idaho Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Iowa vs Idaho

Total Expenditure

Iowa

$31.6 billion

Idaho

$12.1 billion

Iowa is 160.6% higher
General Fund

Iowa

$8.6 billion

Idaho

$5.0 billion

Iowa is 70.5% higher
Total Revenue

Iowa

โ€”

Idaho

โ€”

Not comparable
General Fund Revenue

Iowa

$9.8 billion

Idaho

$5.8 billion

Iowa is 69.6% higher
Rainy Day Fund

Iowa

$961 million

Idaho

$1.3 billion

Iowa is 23.4% lower
State GDP

Iowa

$277.1 billion

Idaho

$135.6 billion

Iowa is 104.4% higher

Receipts & Expenditure Comparison

ParticularsIowaIdahoDifference
Total Expenditure (all funds)$31.6 billion$12.1 billion+160.6%
General Fund Expenditure$8.6 billion$5.0 billion+70.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$9.8 billion$5.8 billion+69.6%
Rainy Day Fund$961 million$1.3 billion-23.4%
State GDP$277.1 billion$135.6 billion+104.4%

Iowa per resident

$9,762

Idaho per resident

$5,974

Iowa โ€” Spending Composition

Idaho โ€” Spending Composition

Category-wise Allocation โ€” Iowa vs Idaho

CategoryIowaIdahoDifference
1. Medicaid
$9.2 billion
$4.1 billion
+124.4%
2. Higher Education
$8.0 billion
$991 million
+703.5%
3. All Other
$6.5 billion
$2.3 billion
+181.8%
4. K-12 Education
$5.0 billion
$3.2 billion
+54.9%
5. Transportation
$2.5 billion
$1.1 billion
+121.6%
6. Corrections
$532 million
$417 million
+27.6%

Compare Another Fiscal Year

Understanding This Comparison

State budgets are compared on an all-funds basis โ€” the total across the general fund, federal grants, and dedicated state funds. This is the fairer measure, because states differ widely in how much they route outside the general fund. The general fund row shows the discretionary portion that state legislatures actually debate.

Fiscal years differ between states: most run July to June, Alabama and Michigan run October to September, and New York runs April to March. Figures labelled with the same fiscal year therefore cover slightly different periods.

Definitions for every term used here are in the US budget glossary. To compare across countries, see India budget comparisons.

Explore more budget data

Browse all 50 state budgets, the federal budget across every fiscal year, or build a different comparison from the compare page.