Employee Cost: Mississippi vs New Hampshire (2026)

Side-by-side comparison of employer costs, payroll taxes, SUTA rates, and workers' comp.

At a $60,000 salary

Mississippi saves $102/employee/year

$65,490 in Mississippi vs $65,592 in New Hampshire

Mississippi

$65,490

1.09x salary

New Hampshire

$65,592

1.09x salary

Cost Breakdown Comparison

Based on $60,000 annual salary

Cost Component MS NH Diff
Base Salary $60,000 $60,000
Social Security (6.2%) $3,720 $3,720
Medicare (1.45%) $870 $870
FUTA (0.6%) $42 $42
SUTA (State Unemployment) $168 $210 -$42
Workers' Compensation $690 $750 -$60
Total Employer Cost $65,490 $65,592 -$102

Tax Rate Comparison

Rate Mississippi New Hampshire
SUTA Rate Range 0.1% – 5.4% 0.1% – 7.0%
SUTA Typical Rate 1.2% 1.5%
SUTA Wage Base $14,000 $14,000
Workers' Comp Rate 1.15% 1.25%
State Income Tax Yes No

What This Means for Employers

For a business hiring at a $60,000 salary, choosing Mississippi over New Hampshire saves $102 per employee per year in employer-side payroll costs alone. For a team of 10, that's $1,020 annually.

The biggest difference comes from workers' compensation rates — Mississippi charges 1.15% vs New Hampshire's 1.25%. Note that federal taxes (Social Security, Medicare, FUTA) are identical in both states.

These numbers reflect employer-side costs only and don't include benefits, overhead, or the employee's own tax burden. Use the interactive Employee Cost Calculator to model different salary levels and benefits packages.

Cost Comparison at Different Salary Levels

How the gap changes from $30K to $150K

Salary MS Total NH Total Difference
$30,000 $32,850 $32,922 -$72
$40,000 $43,730 $43,812 -$82
$50,000 $54,610 $54,702 -$92
$60,000 $65,490 $65,592 -$102
$75,000 $81,810 $81,927 -$117
$100,000 $109,010 $109,152 -$142
$125,000 $136,210 $136,377 -$167
$150,000 $163,410 $163,602 -$192

Click any amount to see the full cost breakdown for that salary and state. Amounts shown from the perspective of MS.

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