Altona
Expert Debt Solutions & Consumer Proposal Help
Altona, debt relief, Manitoba
Altona, Manitoba, with a population of about 4,613, faces challenges related to living costs. High housing costs and expenses for groceries, transportation, and childcare strain budgets, particularly for families. The community’s predominantly English-speaking, family-oriented culture is marked by diversity. Residents, especially newcomers, often struggle to secure well-paying jobs, complicating their pursuit of debt relief.
City: Altona
Province/Territory: Manitoba (MB), Canada
Est. Population: 4,227
Financial Challenges
Living in Altona, Manitoba can be tough for people who are struggling with money. Because many people live close together, housing costs like rent and buying a house can be higher than in other places. This means it’s harder to afford a good place to live. Also, the cost of everyday things like groceries and transportation might be more expensive, making it hard to keep up with bills.
For those who work in Altona, managing money can be a challenge too. Families with children have to pay for things like childcare and school supplies, which can take up a big part of their budget. Older people might need to spend more on healthcare and other expenses as they get older. Additionally, some people who moved to Altona from other countries might find it difficult to get good-paying jobs, which can make it harder to pay for things they need.
Debt Relief Solutions Available
Financial Planning
Financial planning means making a smart plan for your money. It helps you budget, set goals, and save for the future. With a plan in place, you can feel more in control of your money and avoid falling into debt again.
Find out more about Financial PlanningDebt Management Plan
A Debt Management Plan, or DMP, helps you pay back what you owe in one simple monthly payment. A credit expert talks to your creditors to lower your interest and make the debt easier to handle.
Find out more about Debt ManagementDebt Consolidation
Debt consolidation means putting all your debts—like credit cards and loans—into one new loan. This new loan usually has a lower interest rate, which can help you save money and pay off your debt faster.
Find out more about Debt ConsolidationDebt Settlement
Debt settlement means offering less than the full amount you owe to clear your debt. Creditors may accept it because they get paid quickly. A debt settlement company usually helps with this process.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legal deal between you and the people you owe. You agree to pay back part of your debt in smaller monthly payments. A Licensed Insolvency Trustee helps make the plan and talks to your creditors for you.
Find out more about Consumer ProposalsBankruptcy
Bankruptcy is a legal way to clear most of your debts if you can’t pay them back. It gives you a fresh start, but it can also hurt your credit score for several years.
Find out more about Bankruptcy
*Illustration of Altona, Manitoba
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
Item | Description | Estimated |
---|---|---|
Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 1,987 |
Living in poverty | Number of residents who are living in poverty | 469 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 46 |
Insolvencies | Number of residents who filed for insolvency | 11 |
Consumer proposal | Number of residents who filed for a consumer proposal | 8 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 3 |
The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!
Areas / Neighbourhoods
Downtown Altona
The heart of the community, Downtown Altona features a vibrant mix of shops, restaurants, and services. It’s known for its friendly atmosphere and hosts events such as farmers’ markets and festivals throughout the year.Altona’s Historic District
This charming neighborhood showcases many of the town’s historical buildings and sites, highlighting Altona’s rich heritage. Walking through this area provides insights into the local culture and history, with unique architecture and heritage plaques.Roseau River Estates
Located along the Roseau River, this area offers beautiful views and green spaces, making it popular for outdoor activities. Residents enjoy a relaxed lifestyle with ample opportunities for fishing, walking, and enjoying nature.K-12 Schools District
This area is known for its educational facilities which attract families looking for quality education. The presence of schools creates a family-friendly environment and a tight-knit community.Linden Estates
A residential neighborhood characterized by spacious lots and modern homes, Linden Estates is popular among families seeking a peaceful living environment. It features parks and playgrounds, making it perfect for children and outdoor activities.Parkside Estates
This community is known for its beautiful parks and recreational facilities, including walking trails and sports fields. It is a desirable area for those who value an active lifestyle and community involvement.

Illustration of Altona, Manitoba, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Altona, Canada to help understand the financial requirements for different living situations.
Item | Description | Average Cost |
---|---|---|
Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,282 |
Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,692 |
Average Home Price | Average price to purchase a home | $343,000 |
Utilities | Monthly cost for electricity, heating, water, and garbage | $220 |
Food (Single) | Monthly grocery cost for a single person | $300 |
Food (Family) | Monthly grocery cost for a family of four | $850 |
Healthcare (Rx) | Monthly cost for prescription medications | $35 |
Healthcare (Dental) | Monthly cost for dental care | $200 |
Healthcare (Vision) | Monthly cost for vision care | $225 |
Transportation (Public) | Monthly cost for public transit | $1,282 |
Transportation (Car) | Monthly cost for car ownership | $550 |
Childcare (Daycare) | Monthly cost for daycare | $1,000 |
Childcare (After-School) | Monthly cost for after-school programs | $350 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the cost of living in Altona, Manitoba compared to other Canadian cities?
- How does the job market in Altona affect residents’ financial stability?
- What are the average household incomes in Altona, and how do they compare to the national average?
- Are there any financial assistance programs available for residents struggling in Altona?
- How do property taxes in Altona impact the overall cost of living for residents?
- What is the economic outlook for Altona in the next 5-10 years?
- What major industries exist in Altona, and how do they influence local employment and wages?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in southern Manitoba, this town has a population of around 4,613 residents as per the 2021 Census, with projections suggesting it could grow to approximately 4,903 by 2024. The community covers an area of about 9.352 square kilometers, resulting in a population density of about 480 people per square kilometer. The median age is 39.3 years, which is slightly above the provincial average. Known for its predominantly English-speaking population, where 93.7% identify as English-only speakers, it also features a variety of cultural backgrounds, including small percentages of Arab, Filipino, and other ethnic groups. The community has a significant percentage of families, with about 85% of households being married couples, which contributes to its strong family-oriented culture.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!