Marathon
Expert Consumer Proposal & Debt Relief Solutions
Marathon, debt relief, Ontario
Marathon, Ontario, offers stunning natural beauty and outdoor activities but faces significant economic challenges. High unemployment, rising living costs, and limited services create financial strain for residents. Seniors on fixed incomes struggle with housing expenses, while younger individuals often leave for better job opportunities. The community’s strong spirit contrasts with the difficulties many face in achieving financial stability and accessing debt relief options.
City: Marathon
Province/Territory: Ontario (ON), Canada
Est. Population: 3,273
Financial Challenges
Living in Marathon, Ontario can be tough for those who are struggling with money. There aren’t many jobs available, and the unemployment rate is higher than in other parts of the province. This means it can be hard to find steady work to pay the bills. Additionally, Marathon is a remote town, so things like groceries and other essentials can cost more because they have to be transported from far away. With fewer people living in the area, there are also fewer services and support options available, making it harder to get help when you need it.
Housing can also be a big issue in Marathon. Even though some homes might be empty, maintaining a house can be expensive, and taxes might go up to cover the costs of keeping the town running. For older people who are on fixed incomes, this can make it difficult to afford their homes and everyday expenses. Younger people might feel like there aren’t enough opportunities to earn a good income, which can lead to more people leaving the town to find better chances elsewhere. All these factors together make it challenging to live and manage money in Marathon.
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 Marathon, Ontario
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 | 1,538 |
| Living in poverty | Number of residents who are living in poverty | 363 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 36 |
| Insolvencies | Number of residents who filed for insolvency | 8 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 6 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 2 |
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
Main Street
The heart of Marathon, Main Street is lined with local shops, cafes, and services. It is a bustling area where residents and visitors gather, especially during community events and festivals.Kakabeka Falls Park
A scenic area known for its stunning natural beauty and outdoor recreational opportunities. It’s popular for hiking, picnicking, and photography, showcasing the breathtaking waterfalls and surrounding landscapes.Marathon Marina
Located along the Northwestern Ontario coastline, the marina is a hub for boating enthusiasts. It offers access to various water activities, making it a popular spot during the summer months.Marathon Golf Club
A picturesque 9-hole golf course that attracts both locals and visitors. The club offers stunning views and a relaxed atmosphere, making it an ideal place for golf enthusiasts.Pioneer Park
A well-maintained community park featuring playgrounds, sports fields, and walking trails. It’s a favorite spot among families for recreational activities and community gatherings.Marathon District Hospital Area
This area is significant for its medical services, providing essential healthcare to the community. It is surrounded by residential neighborhoods and is often frequented by families and residents.Rolling River Road
A residential area known for its quiet streets and family-friendly environment. It features a mix of housing options and is close to schools, making it appealing to families with children.

Illustration of Marathon, Ontario, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Marathon, Canada to help understand the financial requirements for different living situations.
| Item | Description | Average Cost |
|---|---|---|
| Housing (1BR) | Monthly rent for a 1-bedroom apartment | $2,400 |
| Housing (2BR) | Monthly rent for a 2-bedroom apartment | $3,000 |
| Average Home Price | Average price to purchase a home | $885,000 |
| Utilities | Monthly cost for electricity, heating, water, and garbage | $145 |
| Food (Single) | Monthly grocery cost for a single person | $350 |
| Food (Family) | Monthly grocery cost for a family of four | $1,000 |
| 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 | $2,400 |
| Transportation (Car) | Monthly cost for car ownership | $650 |
| Childcare (Daycare) | Monthly cost for daycare | $1,250 |
| Childcare (After-School) | Monthly cost for after-school programs | $400 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the average cost of living in Marathon, Ontario?
- How is the job market in Marathon and what are the common sources of employment?
- What are the average housing prices and rental costs in Marathon?
- How do utility costs in Marathon compare to other similar-sized towns in Ontario?
- What financial assistance programs are available for residents of Marathon?
- What are the main economic industries driving growth in Marathon?
- How does the cost of groceries and daily essentials in Marathon compare to larger cities in Ontario?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in northwestern Ontario, this small town is surrounded by stunning natural beauty, including the breathtaking views of Lake Superior and Pukaskwa National Park. Known for its rich history in the forestry and mining industries, the area features beautiful landscapes and outdoor activities such as hiking, fishing, and snowmobiling. The town serves as a hub for local services and community events, making it a focal point for the surrounding rural areas. With a diverse range of recreational amenities, residents and visitors alike can enjoy a range of activities throughout the year. The community spirit is strong, with local events and gatherings that highlight the unique culture and heritage of the region.
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!