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Montana vs New Hampshire Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Montana vs New Hampshire

Total Expenditure

Montana

$8.7 billion

New Hampshire

$7.8 billion

Montana is 11.6% higher
General Fund

Montana

$2.8 billion

New Hampshire

$1.6 billion

Montana is 71.3% higher
Total Revenue

Montana

โ€”

New Hampshire

โ€”

Not comparable
General Fund Revenue

Montana

$3.9 billion

New Hampshire

$2.0 billion

Montana is 95.4% higher
Rainy Day Fund

Montana

$119 million

New Hampshire

$160 million

Montana is 25.6% lower
State GDP

Montana

$82.4 billion

New Hampshire

$125.5 billion

Montana is 34.4% lower

Receipts & Expenditure Comparison

ParticularsMontanaNew HampshireDifference
Total Expenditure (all funds)$8.7 billion$7.8 billion+11.6%
General Fund Expenditure$2.8 billion$1.6 billion+71.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$3.9 billion$2.0 billion+95.4%
Rainy Day Fund$119 million$160 million-25.6%
State GDP$82.4 billion$125.5 billion-34.4%

Montana per resident

$7,623

New Hampshire per resident

$5,528

Montana โ€” Spending Composition

New Hampshire โ€” Spending Composition

Category-wise Allocation โ€” Montana vs New Hampshire

CategoryMontanaNew HampshireDifference
1. All Other
$3.0 billion
$2.7 billion
+13.3%
2. Medicaid
$2.5 billion
$2.6 billion
-6.4%
3. K-12 Education
$1.3 billion
$1.5 billion
-10.7%
4. Transportation
$939 million
$622 million
+51.0%
5. Higher Education
$696 million
$164 million
+324.4%
6. Corrections
$224 million
$147 million
+52.4%
7. Public Assistance
$28 million
$76 million
-63.2%

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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