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New York vs Pennsylvania Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New York vs Pennsylvania

Total Expenditure

New York

$241.5 billion

Pennsylvania

$128.6 billion

New York is 87.8% higher
General Fund

New York

$105.0 billion

Pennsylvania

$47.8 billion

New York is 119.6% higher
Total Revenue

New York

$249.0 billion

Pennsylvania

โ€”

Not comparable
General Fund Revenue

New York

$111.5 billion

Pennsylvania

$46.4 billion

New York is 140.3% higher
Rainy Day Fund

New York

$8.8 billion

Pennsylvania

$7.5 billion

New York is 17.2% higher
State GDP

New York

$2.47 trillion

Pennsylvania

$1.06 trillion

New York is 133.6% higher

Receipts & Expenditure Comparison

ParticularsNew YorkPennsylvaniaDifference
Total Expenditure (all funds)$241.5 billion$128.6 billion+87.8%
General Fund Expenditure$105.0 billion$47.8 billion+119.6%
Total Revenue$249.0 billionโ€”โ€”
General Fund Revenue$111.5 billion$46.4 billion+140.3%
Rainy Day Fund$8.8 billion$7.5 billion+17.2%
State GDP$2.47 trillion$1.06 trillion+133.6%

New York per resident

$12,074

Pennsylvania per resident

$9,845

New York โ€” Spending Composition

Pennsylvania โ€” Spending Composition

Category-wise Allocation โ€” New York vs Pennsylvania

CategoryNew YorkPennsylvaniaDifference
1. Medicaid
$89.0 billion
$49.5 billion
+79.7%
2. All Other
$74.8 billion
$38.3 billion
+95.2%
3. K-12 Education
$47.4 billion
$22.8 billion
+108.0%
4. Higher Education
$13.8 billion
$2.6 billion
+425.1%
5. Transportation
$13.0 billion
$11.6 billion
+12.0%
6. Corrections
$3.4 billion
$3.7 billion
-7.5%

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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