The typical New Hampshire family has lost major ground over the past decade, as the cost of basic necessities has risen far faster than household incomes. The median four-person family’s disposable income — what’s left after paying for just a few basic essentials like housing, food, child care, health care, and gasoline — has dropped by $17,349 since 2015.
A new NHFPI finds that drug-related deaths in New Hampshire dropped to their lowest level in more than a decade as state and federal investments in prevention, treatment, and recovery services had a sustained surge in funding.
With shrinking revenues and growing needs, policymakers made tough tradeoffs that will shape services for years to come. NHFPI’s final budget report breaks down the State Budget for Fiscal Years 2026 and 2027, detailing what’s funded, what’s cut, and what’s at stake.
The New Hampshire State Senate’s version of the State Budget, crafted during the month of May and approved by the Senate on June 5, 2025, would appropriate approximately $15.9 billion. The Senate would make several key changes relative to the New Hampshire House’s $15.5 billion State Budget proposal that was passed by the House of Representatives on April 10, 2025.
NHFPI’s report examines the House’s proposed budget for State Fiscal Years 2026 and 2027, which reduces funding for services by over $500 million compared to the Governor’s proposal. It lowers funding for Medicaid, care for individuals with disabilities, and community mental health services while eliminating several state agencies and functions.
