Rhode Island vs New Hampshire Budget FY2024
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Rhode Island vs New Hampshire
Rhode Island
$12.8 billion
New Hampshire
$8.5 billion
Rhode Island
$5.2 billion
New Hampshire
$2.0 billion
Rhode Island
โ
New Hampshire
โ
Rhode Island
$5.4 billion
New Hampshire
$2.1 billion
Rhode Island
$347 million
New Hampshire
$293 million
Rhode Island
$84.0 billion
New Hampshire
$125.5 billion
Receipts & Expenditure Comparison
| Particulars | Rhode Island | New Hampshire | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $12.8 billion | $8.5 billion | +49.5% |
| General Fund Expenditure | $5.2 billion | $2.0 billion | +164.3% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $5.4 billion | $2.1 billion | +159.7% |
| Rainy Day Fund | $347 million | $293 million | +18.4% |
| State GDP | $84.0 billion | $125.5 billion | -33.1% |
Rhode Island per resident
$11,461
New Hampshire per resident
$6,040
Rhode Island โ Spending Composition
New Hampshire โ Spending Composition
Category-wise Allocation โ Rhode Island vs New Hampshire
| Category | Rhode Island | New Hampshire | Difference |
|---|---|---|---|
1. All Other | $5.2 billion | $3.2 billion | +61.2% |
2. Medicaid | $3.0 billion | $2.5 billion | +21.2% |
3. K-12 Education | $2.1 billion | $1.7 billion | +24.8% |
4. Higher Education | $1.4 billion | $194 million | +619.1% |
5. Transportation | $777 million | $763 million | +1.8% |
6. Corrections | $289 million | $189 million | +52.9% |
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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