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New Hampshire vs Rhode Island Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New Hampshire vs Rhode Island

Total Expenditure

New Hampshire

$8.8 billion

Rhode Island

$14.6 billion

New Hampshire is 39.3% lower
General Fund

New Hampshire

$2.0 billion

Rhode Island

$5.5 billion

New Hampshire is 63.7% lower
Total Revenue

New Hampshire

โ€”

Rhode Island

โ€”

Not comparable
General Fund Revenue

New Hampshire

$1.9 billion

Rhode Island

$5.6 billion

New Hampshire is 66.8% lower
Rainy Day Fund

New Hampshire

$225 million

Rhode Island

$298 million

New Hampshire is 24.5% lower
State GDP

New Hampshire

$125.5 billion

Rhode Island

$84.0 billion

New Hampshire is 49.5% higher

Receipts & Expenditure Comparison

ParticularsNew HampshireRhode IslandDifference
Total Expenditure (all funds)$8.8 billion$14.6 billion-39.3%
General Fund Expenditure$2.0 billion$5.5 billion-63.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$1.9 billion$5.6 billion-66.8%
Rainy Day Fund$225 million$298 million-24.5%
State GDP$125.5 billion$84.0 billion+49.5%

New Hampshire per resident

$6,252

Rhode Island per resident

$13,065

New Hampshire โ€” Spending Composition

Rhode Island โ€” Spending Composition

Category-wise Allocation โ€” New Hampshire vs Rhode Island

CategoryNew HampshireRhode IslandDifference
1. All Other
$3.2 billion
$6.2 billion
-47.5%
2. Medicaid
$2.8 billion
$3.4 billion
-16.5%
3. K-12 Education
$1.7 billion
$2.0 billion
-18.7%
4. Higher Education
$174 million
$1.6 billion
-89.0%
5. Transportation
$750 million
$1.1 billion
-30.6%
6. Corrections
$202 million
$323 million
-37.5%

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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