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New Hampshire vs Montana Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New Hampshire vs Montana

Total Expenditure

New Hampshire

$8.3 billion

Montana

$10.5 billion

New Hampshire is 20.6% lower
General Fund

New Hampshire

$2.1 billion

Montana

$4.8 billion

New Hampshire is 55.2% lower
Total Revenue

New Hampshire

โ€”

Montana

โ€”

Not comparable
General Fund Revenue

New Hampshire

$2.0 billion

Montana

$3.8 billion

New Hampshire is 45.8% lower
Rainy Day Fund

New Hampshire

$293 million

Montana

$520 million

New Hampshire is 43.7% lower
State GDP

New Hampshire

$125.5 billion

Montana

$82.4 billion

New Hampshire is 52.4% higher

Receipts & Expenditure Comparison

ParticularsNew HampshireMontanaDifference
Total Expenditure (all funds)$8.3 billion$10.5 billion-20.6%
General Fund Expenditure$2.1 billion$4.8 billion-55.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.0 billion$3.8 billion-45.8%
Rainy Day Fund$293 million$520 million-43.7%
State GDP$125.5 billion$82.4 billion+52.4%

New Hampshire per resident

$5,873

Montana per resident

$9,147

New Hampshire โ€” Spending Composition

Montana โ€” Spending Composition

Category-wise Allocation โ€” New Hampshire vs Montana

CategoryNew HampshireMontanaDifference
1. All Other
$3.0 billion
$4.5 billion
-33.5%
2. Medicaid
$2.6 billion
$2.4 billion
+9.1%
3. K-12 Education
$1.6 billion
$1.4 billion
+9.3%
4. Transportation
$785 million
$1.1 billion
-30.8%
5. Higher Education
$158 million
$740 million
-78.6%
6. Corrections
$181 million
$245 million
-26.1%

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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