Richelieu
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Richelieu, debt relief, Quebec
Richelieu, located in Quebec’s Montérégie region, is known for its scenic beauty and rich history. However, residents face financial challenges due to limited job opportunities and a rising cost of living. This can hinder their ability to manage expenses like rent and groceries, making debt relief options essential for those struggling with financial stability.
City: Richelieu
Province/Territory: Quebec (QC), Canada
Est. Population: 5,742
Financial Challenges
Living in Richelieu, Quebec can be tough for people who are struggling with money. One big challenge is finding good jobs. Richelieu is a small town, so there aren’t as many workplaces as in bigger cities. This means that people might have to travel far for work or take jobs that don’t pay enough. Without enough income, it’s hard to pay for things like rent, groceries, and bills each month.
Another problem is the cost of living. Even though things might be cheaper than in big cities, some expenses can still add up quickly. Homes and apartments might be hard to afford, especially for families. Additionally, access to services like healthcare and education might be limited, making it harder to get the help needed when money is tight. These challenges can make everyday life stressful for people trying to make ends meet in Richelieu.
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 Richelieu, Quebec
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 | 2,699 |
Living in poverty | Number of residents who are living in poverty | 637 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 63 |
Insolvencies | Number of residents who filed for insolvency | 14 |
Consumer proposal | Number of residents who filed for a consumer proposal | 11 |
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
Le Vieux-Richelieu: This historic area features charming architecture and quaint streets, reflecting the rich heritage of Richelieu. It offers various local shops, eateries, and a beautiful riverside park that attracts both residents and visitors.
Richelieu-Lac: Known for its picturesque lake and recreational opportunities, this neighborhood is popular among families and outdoor enthusiasts. The area includes parks, walking trails, and areas for water sports, making it a lively destination during the warmer months.
Rive-Sud: This suburban neighborhood provides a peaceful living environment with access to amenities like schools, parks, and shopping centers. It is favored by families looking for a balance of tranquility and community life.
Le Quartier des Artisans: A vibrant arts and crafts district, this area is home to local artists and artisans. It features galleries, workshops, and regular events that celebrate creativity, attracting art lovers and locals alike.
Les Jardins de Richelieu: A residential area that offers modern amenities and well-planned community spaces. Known for its friendly atmosphere and parks, it is ideal for families looking for a close-knit community feel.
Secteur de la Gare: This area around the train station is bustling with activity. It includes commercial spaces, cafes, and restaurants, making it a popular spot for both locals and commuters who frequent the area.

Illustration of Richelieu, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Richelieu, Canada to help understand the financial requirements for different living situations.
Item | Description | Average Cost |
---|---|---|
Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,270 |
Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,750 |
Average Home Price | Average price to purchase a home | $502,000 |
Utilities | Monthly 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 | $1,270 |
Transportation (Car) | Monthly cost for car ownership | $550 |
Childcare (Daycare) | Monthly cost for daycare | $650 |
Childcare (After-School) | Monthly cost for after-school programs | $300 |
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 Richelieu, Quebec?
- How does the housing market in Richelieu compare to other cities in Quebec?
- What are the average salaries for residents in Richelieu?
- What local economic factors are currently affecting employment opportunities in Richelieu?
- Are there financial assistance programs available for low-income families in Richelieu?
- How do property taxes in Richelieu impact residents’ financial situations?
- What are the current trends in small business development and entrepreneurship in Richelieu?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in the province of Quebec, this town sits along the Richelieu River and is part of the Montérégie region. Founded in the 17th century, it is known for its scenic landscape, which includes charming parks and beautiful waterfront views. The community embraces its history through well-preserved heritage buildings and regular cultural events that celebrate local traditions. Additionally, the area offers recreational activities such as boating and fishing, making it a great spot for outdoor enthusiasts. Its proximity to major urban centers provides residents with easy access to various amenities and services, enhancing the overall quality of life.
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!