Maine vs New Hampshire Budget FY2024
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Maine vs New Hampshire
Maine
$13.1 billion
New Hampshire
$8.5 billion
Maine
$5.0 billion
New Hampshire
$2.0 billion
Maine
โ
New Hampshire
โ
Maine
$5.4 billion
New Hampshire
$2.1 billion
Maine
$968 million
New Hampshire
$293 million
Maine
$102.8 billion
New Hampshire
$125.5 billion
Receipts & Expenditure Comparison
| Particulars | Maine | New Hampshire | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $13.1 billion | $8.5 billion | +53.4% |
| General Fund Expenditure | $5.0 billion | $2.0 billion | +151.4% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $5.4 billion | $2.1 billion | +156.5% |
| Rainy Day Fund | $968 million | $293 million | +230.4% |
| State GDP | $102.8 billion | $125.5 billion | -18.1% |
Maine per resident
$9,265
New Hampshire per resident
$6,040
Maine โ Spending Composition
New Hampshire โ Spending Composition
Category-wise Allocation โ Maine vs New Hampshire
| Category | Maine | New Hampshire | Difference |
|---|---|---|---|
1. All Other | $4.6 billion | $3.2 billion | +43.6% |
2. Medicaid | $4.5 billion | $2.5 billion | +80.9% |
3. K-12 Education | $2.2 billion | $1.7 billion | +34.8% |
4. Transportation | $1.0 billion | $763 million | +33.9% |
5. Higher Education | $436 million | $194 million | +124.7% |
6. Corrections | $234 million | $189 million | +23.8% |
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.
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