Cost comparison of taxes and fees for vehicles in NH vs. CT

Submitted by sbfx t3_znnuai in newhampshire

Here's what we paid in CT:

Description CT
Registration Fee $120
Plate Fee $5
Title Fee $25
Admin Fee $10
Clean Air Act Fee $15
Passport to the Parks Fee $15
Greenhouse Gas Fee if vehicle as certificate of origin $15
Emissions Test $20
Above total takes place every 2 years $225
Total (per year) $112
Property Tax (annual basis) $398
Total Annual Cost $510

​

Here's what we'll be paying in NH, same vehicle:

Description NH
Registration Fee $44
State Park Plate Fee $85
Title Fee $25
Permit Fee $39
Agent $3
Clerk $2
Local Title $2
Transportation $5
NH Inspection $30
Total Annual Cost $235

​

We are saving $275 per vehicle, per year by living in NH. We have 2 vehicles 6 and 11 years old. This comes out to around $550 saved. Our insurance is also dropping from $1100 to $450 per year for 2 drivers, 2 vehicles. So that is another $650 in savings. Altogether we're saving $1200 per year or $100/month. That is a lot of $ to be saving for simply owning a car in another state.

0

Comments

You must log in or register to comment.

piscatator t1_j0icptk wrote

Make sure your uninsured and underinsured auto coverage is good. Many drivers do not carry insurance because it is not required. The state of NH does nothing when you are hit by an uninsured driver, you will be on your own.

3

gman2391 t1_j0ihehb wrote

This is interesting. Registering my truck in NH cost be about double what I was paying in MA.

Cost me $199.20 in NH MA was about $115($95 excise tax + $20reg) These are both for renewals.

Edit: forgot I had a moose plate. Let's call it $170 vs $115

3

OldTurkeyTail t1_j0lwjkv wrote

>State Park Plate Fee $85

Thank you for your contribution - but it seems that this skews any cost of ownership comparison. (Isn't the CT $15 fee mandatory?)

3

ShortUSA t1_j0nsn6k wrote

Car/personal property taxes is part of your registration fee. A new car is taxed at $18 per thousand of sticker price. The rate goes down $3 each year, but not lower than $3.

1

UnfairAd7220 t1_j0i943b wrote

Now do that for income tax. And property tax.

−1

Crazy_Hick_in_NH t1_j0iyek8 wrote

I’ma go out on a limb and suggest everything is more expensive in CT (vs NH). Everything.

6

Dependent_Ad_5546 t1_j0ibgte wrote

Would be interesting since NH has no state income tax but would be interesting to compare house to house and acreage for property taxes.

1

UnfairAd7220 t1_j0idm7w wrote

Agreed.

The income tax thing is a no brainer, but I've never seen a property tax comparison performed. I imagine you'd have to find two towns with a similar tax base and compare mil rates to make it an apples to apples.

When we left CT in 93, for NH, to me, I guessed a $10k in my pocket benefit.

1

sbfx OP t1_j0ivemd wrote

tbh when people say NH property taxes are really high, I'm not sure I buy that because coming from CT I have yet to see property taxes in comparable towns in NH that have property tax bills higher than CT.

0

OkLime8702 t1_j0iznqn wrote

CT income tax = 6-7% CT property taxes >1.5%

Coming from a person who is moving from CT and to NH

−1