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New Jersey vs Alabama Budget FY2026

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New Jersey vs Alabama

Total Expenditure

New Jersey

$89.8 billion

Alabama

$13.6 billion

New Jersey is 560.2% higher
General Fund

New Jersey

$58.7 billion

Alabama

$3.7 billion

New Jersey is 1485.2% higher
Total Revenue

New Jersey

โ€”

Alabama

โ€”

Not comparable
General Fund Revenue

New Jersey

$56.5 billion

Alabama

โ€”

Not comparable
Rainy Day Fund

New Jersey

$0 million

Alabama

โ€”

Not comparable
State GDP

New Jersey

$887.2 billion

Alabama

โ€”

Not comparable

Receipts & Expenditure Comparison

ParticularsNew JerseyAlabamaDifference
Total Expenditure (all funds)$89.8 billion$13.6 billion+560.2%
General Fund Expenditure$58.7 billion$3.7 billion+1485.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$56.5 billionโ€”โ€”
Rainy Day Fund$0 millionโ€”โ€”
State GDP$887.2 billionโ€”โ€”

New Jersey per resident

$9,404

Alabama per resident

$2,619

New Jersey โ€” Spending Composition

Data not available

Alabama โ€” Spending Composition

Data not available

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.

Explore more budget data

Browse all 50 state budgets, the federal budget across every fiscal year, or build a different comparison from the compare page.