Submitted by SkotchMiist t3_11qimcr in newhampshire
Maldonian t1_jc6rfsg wrote
Reply to comment by plowfaster in Got a job opportunity in Portsmouth for ~40K a year - is this possible? by SkotchMiist
Good point, I should have thought of that. If OP is reading this, if considering living in Maine and working in New Hampshire, consider the following:
If you live in Maine, regardless of where you work, you'll pay 5.8+ % in state income tax. However, property tax in Maine is often lower than in New Hampshire.
At $40,000, the Maine income tax shouldn't be a big deal. If your income increases, living in New Hampshire becomes more attractive.
Also, if you will someday purchase a house, you'll want to compare the Maine income tax versus the (generally) higher New Hampshire property tax. What's best for you at that time would depend on both your income, and how much house you'll be buying.
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