New Hampshire vs Vermont:
Take-Home Pay Comparison
Side-by-side tax comparison between New Hampshire (no income tax) and Vermont (8.75% top rate, graduated). See which state lets you keep more at every salary level, and how cost of living changes the picture.
Tax Structure: New Hampshire vs Vermont
New Hampshire has no state income tax, while Vermont uses a graduated system with rates of 3.35-8.75%. On a $100K salary, this creates a state tax difference of $5,688/year that New Hampshire residents simply don’t pay.
Vermont’s graduated brackets mean the gap between these two states widens at higher salaries. At $200K, the state tax difference grows to $11,375/year, while at $50K it’s only $2,844.
Take-Home at Every Salary Level
New Hampshire wins at 10 out of 10 salary levels tested. The advantage is consistent and significant across the income spectrum.
| Salary | New Hampshire | Vermont | Difference | Winner |
|---|---|---|---|---|
| $40K | $34,320 | $32,045 | −$2,275 | New Hampshire |
| $50K | $42,355 | $39,511 | −$2,844 | New Hampshire |
| $60K | $50,390 | $46,978 | −$3,413 | New Hampshire |
| $75K | $61,538 | $57,272 | −$4,266 | New Hampshire |
| $100K | $79,125 | $73,438 | −$5,688 | New Hampshire |
| $120K | $93,195 | $86,370 | −$6,825 | New Hampshire |
| $150K | $113,751 | $105,220 | −$8,531 | New Hampshire |
| $200K | $148,887 | $137,512 | −$11,375 | New Hampshire |
| $250K | $183,264 | $169,045 | −$14,219 | New Hampshire |
| $300K | $215,329 | $198,266 | −$17,063 | New Hampshire |
Cost of Living: New Hampshire (108) vs Vermont (105)
Take-home pay only tells part of the story. New Hampshire has a cost of living index of 108 while Vermont is at 105 (national average = 100).
With similar costs of living (108 vs 105), the tax difference is the primary factor. What you see in raw take-home pay is essentially what you get in purchasing power: $73,264 in New Hampshire vs $69,940 in Vermont.
Married Filing Jointly: How It Changes the Comparison
For a single earner at $100K filing jointly, take-home becomes $84,710 in New Hampshire and $79,023 in Vermont \u2014 a difference of $5,688. The gap remains similar regardless of filing status.
Should You Move from Vermont to New Hampshire?
On paper, moving from Vermont to New Hampshire would save $5,688/year on a $100K salary, or $28,438 over 5 years. But relocation involves real costs: moving expenses, potentially buying/selling a home, changing jobs, and adjusting to a new community.
With an annual savings of $5,688, the tax difference alone is significant enough to justify a move for many people — especially if career opportunities are comparable. At higher salaries, the savings grow even larger: a $200K earner would save $11,375/year.