Kingston

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Kingston, debt relief, New Brunswick

Kingston, New Brunswick, offers picturesque landscapes and a close-knit community, but facing money troubles can be challenging. Limited job opportunities and lower wages strain residents’ budgets, making essential expenses tough to manage. Access to financial help is limited, heightening stress around debt management. Those seeking debt relief may find resources scarce in this charming area.

City: Kingston
Province/Territory: New Brunswick (NB), Canada
Est. Population: 3,202

Financial Challenges

Living in Kingston, New Brunswick can be tough if you’re having money problems. Job opportunities here might be limited, especially if you need work in specific fields. Wages can be lower compared to bigger cities, making it hard to cover everyday expenses like groceries, transportation, and utilities. Additionally, finding affordable housing could be a challenge, as rental prices may take up a big part of your income.

Managing debts and unexpected costs is also difficult in Kingston. Access to financial help or counseling services might be limited, so getting support can be harder. High costs for things like healthcare and education can add more pressure on your budget. Without enough income, saving money or planning for the future becomes really hard, making it stressful to live and work in Kingston when you’re struggling financially.

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 Planning

Debt 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 Management

Debt 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 Consolidation

Debt 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 Settlement

Consumer 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 Proposals

Bankruptcy

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


Kingston debt relief options for financial recovery and stress reduction.

*Illustration of Kingston, New Brunswick

Debt Data

This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.

ItemDescriptionEstimated
Living paycheck to paycheckNumber of residents who are living paycheck to paycheck1,505
Living in povertyNumber of residents who are living in poverty355
Debt defaultedNumber of residents who have defaulted on a debt payment35
InsolvenciesNumber of residents who filed for insolvency8
Consumer proposalNumber of residents who filed for a consumer proposal6
Personal bankruptcyNumber of residents who filed for personal bankruptcy2

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!

Write off up to 80% of your debts Reduce debts into one affordable monthly payment Stop all collections calls No interest and charges (completely frozen) Government-legislated debt relief programs

Areas / Neighbourhoods

  • Kingston Village: A quaint and charming area known for its historical buildings and vibrant community atmosphere. It features a variety of local shops, cafes, and parks, making it a popular spot for families and visitors alike.

  • Kingston Waterfront: This scenic area boasts beautiful views of the water and access to recreational activities, such as walking, biking, and boating. It’s a perfect location for those who enjoy outdoor leisure, as well as lively events and festivals.

  • Mill Cove: A family-friendly neighborhood with a mix of residential homes and green spaces. Mill Cove is known for its sense of community, with local amenities such as schools, parks, and community centers that cater to residents.

  • Grandview: This area features spacious homes, well-maintained parks, and schools that attract families. Grandview offers a quiet suburban lifestyle while still being close to Kingston’s more urban amenities.

  • Loyalist Village: A close-knit community with a rich history, Loyalist Village is characterized by its charming homes and well-established gardens. It’s popular among retirees and families looking for a peaceful living environment with easy access to local services.

  • Tracy Village: A small, picturesque community known for its rural charm and friendly residents. Tracy Village offers beautiful rural landscapes, making it ideal for those seeking a quieter lifestyle while remaining within reach of Kingston’s urban conveniences.

  • Bayswater: Located along the eastern shore of the Saint John River, Bayswater is known for its stunning natural beauty and outdoor recreational opportunities. Residents enjoy a tranquil atmosphere with access to hiking trails and river activities.

Kingston debt relief options for financial recovery and stress reduction. Debt solutions available.

Illustration of Kingston, New Brunswick, Canada

Cost of Living

This table provides a breakdown of various average cost-of-living expenses in Kingston, Canada to help understand the financial requirements for different living situations.

ItemDescriptionAverage Cost
Housing (1BR)Monthly rent for a 1-bedroom apartment$850
Housing (2BR)Monthly rent for a 2-bedroom apartment$1,200
Average Home PriceAverage price to purchase a home$288,000
UtilitiesMonthly cost for electricity, heating, water, and garbage$200
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$850
Transportation (Car)Monthly cost for car ownership$550
Childcare (Daycare)Monthly cost for daycare$900
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

  1. What is the average cost of living in Kingston, New Brunswick?
  2. How does the job market in Kingston compare to other cities in New Brunswick?
  3. What are the average salaries for common professions in Kingston?
  4. Are there any financial assistance programs available for residents of Kingston?
  5. What are the current trends in housing prices in Kingston?
  6. How does Kingston’s economy perform compared to the provincial average?
  7. What are the main financial challenges faced by residents in Kingston?

If you have a question about debt see our debt related question or ask your own debt related question.

Overview

Located in southeastern New Brunswick, this community is a small, charming place known for its picturesque landscapes and friendly atmosphere. It is situated near the Saint John River and benefits from beautiful views and outdoor activities like hiking and boating. The area has a rich history, originally established in the 18th century and playing a significant role during the colonial period. The local population enjoys a tight-knit community, with various seasonal events and festivals that celebrate the region’s culture and heritage. Given its proximity to larger cities, residents have access to urban amenities while enjoying a quieter lifestyle.



Eliminate 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!

Write off up to 80% of your debts
Reduce debts into one affordable monthly payment
Stop all collections calls
No interest and charges (completely frozen)
Government-legislated debt relief programs