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Rhode Island vs New Hampshire Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Rhode Island vs New Hampshire

Total Expenditure

Rhode Island

$14.6 billion

New Hampshire

$8.8 billion

Rhode Island is 64.7% higher
General Fund

Rhode Island

$5.5 billion

New Hampshire

$2.0 billion

Rhode Island is 175.4% higher
Total Revenue

Rhode Island

โ€”

New Hampshire

โ€”

Not comparable
General Fund Revenue

Rhode Island

$5.6 billion

New Hampshire

$1.9 billion

Rhode Island is 201.1% higher
Rainy Day Fund

Rhode Island

$298 million

New Hampshire

$225 million

Rhode Island is 32.4% higher
State GDP

Rhode Island

$84.0 billion

New Hampshire

$125.5 billion

Rhode Island is 33.1% lower

Receipts & Expenditure Comparison

ParticularsRhode IslandNew HampshireDifference
Total Expenditure (all funds)$14.6 billion$8.8 billion+64.7%
General Fund Expenditure$5.5 billion$2.0 billion+175.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$5.6 billion$1.9 billion+201.1%
Rainy Day Fund$298 million$225 million+32.4%
State GDP$84.0 billion$125.5 billion-33.1%

Rhode Island per resident

$13,065

New Hampshire per resident

$6,252

Rhode Island โ€” Spending Composition

New Hampshire โ€” Spending Composition

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

CategoryRhode IslandNew HampshireDifference
1. All Other
$6.2 billion
$3.2 billion
+90.4%
2. Medicaid
$3.4 billion
$2.8 billion
+19.8%
3. K-12 Education
$2.0 billion
$1.7 billion
+22.9%
4. Higher Education
$1.6 billion
$174 million
+807.5%
5. Transportation
$1.1 billion
$750 million
+44.1%
6. Corrections
$323 million
$202 million
+59.9%

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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