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New Hampshire vs Connecticut Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New Hampshire vs Connecticut

Total Expenditure

New Hampshire

$7.8 billion

Connecticut

$41.5 billion

New Hampshire is 81.2% lower
General Fund

New Hampshire

$1.6 billion

Connecticut

$20.7 billion

New Hampshire is 92.2% lower
Total Revenue

New Hampshire

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

New Hampshire

$2.0 billion

Connecticut

$22.0 billion

New Hampshire is 90.9% lower
Rainy Day Fund

New Hampshire

$160 million

Connecticut

$3.3 billion

New Hampshire is 95.2% lower
State GDP

New Hampshire

$125.5 billion

Connecticut

$376.5 billion

New Hampshire is 66.7% lower

Receipts & Expenditure Comparison

ParticularsNew HampshireConnecticutDifference
Total Expenditure (all funds)$7.8 billion$41.5 billion-81.2%
General Fund Expenditure$1.6 billion$20.7 billion-92.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.0 billion$22.0 billion-90.9%
Rainy Day Fund$160 million$3.3 billion-95.2%
State GDP$125.5 billion$376.5 billion-66.7%

New Hampshire per resident

$5,528

Connecticut per resident

$11,264

New Hampshire โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” New Hampshire vs Connecticut

CategoryNew HampshireConnecticutDifference
1. All Other
$2.7 billion
$16.8 billion
-84.0%
2. Medicaid
$2.6 billion
$9.3 billion
-71.7%
3. K-12 Education
$1.5 billion
$5.4 billion
-72.1%
4. Higher Education
$164 million
$4.6 billion
-96.4%
5. Transportation
$622 million
$4.4 billion
-85.8%
6. Corrections
$147 million
$718 million
-79.5%
7. Public Assistance
$76 million
$369 million
-79.4%

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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