Startup Costs in New Hampshire

Data current as of May 2026

New Hampshire has no state income tax and no sales tax, making it one of the most tax-friendly states for small businesses. Proximity to Boston creates access to a large metro market while maintaining lower costs. The state does levy a Business Profits Tax on net income, but the lack of sales tax is a significant advantage for retail and food businesses.

New Hampshire (NH) by the Numbers

LLC Filing Fee
$100
Annual Report
$100
State Income Tax
None
Sales Tax
0.00%
Min Wage
$7.25/hr
Cost of Living
1.08x
Labor Cost
1.05x
Rent Index
1.02x

What New Hampshire's Numbers Mean for Founders

  • New Hampshire has no state income tax, which lowers your take-home tax burden compared to most states.
  • Minimum wage is the federal floor of $7.25/hour, keeping entry-level payroll low.
  • New Hampshire charges no sales tax, a meaningful advantage for retail and food businesses.
Capital: Concord
Major metros: Manchester, Nashua, Concord, Portsmouth
Top industries: Technology, Tourism, Manufacturing, Healthcare

New Hampshire Cost Guides (10)