Saint-Jean-Baptiste
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Saint-Jean-Baptiste, debt relief, Quebec
Saint-Jean-Baptiste, a charming Quebec community by the Richelieu River, faces rising living costs impacting residents’ finances. With increasing prices for essentials and limited job opportunities, many struggle to meet basic needs, increasing financial stress. This situation necessitates careful budgeting and may lead individuals to seek debt relief options to improve their financial stability.
City: Saint-Jean-Baptiste
Province/Territory: Quebec (QC), Canada
Est. Population: 3,191
Financial Challenges
People living and working in Saint-Jean-Baptiste may face money problems because the cost of living in Quebec is increasing. Prices for things like rent, groceries, and transportation are going up, making it harder to stretch a paycheck. If someone doesn’t earn enough money, they might struggle to pay for their basic needs each month. This can lead to stress and make it difficult to save money for the future.
Additionally, job opportunities in Saint-Jean-Baptiste might be limited, especially for those trying to find work or needing higher wages. With fewer jobs available and some businesses closing, people may have a tough time finding stable income. This uncertainty can make it hard to plan for expenses and can keep families from improving their financial situation. Living with these challenges means that people have to be very careful with their budgets and might have to skip things they need or want.
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 Saint-Jean-Baptiste, 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 | 1,500 |
| Living in poverty | Number of residents who are living in poverty | 354 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 35 |
| 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
Vieux-Saint-Jean
This historic district features charming streets lined with 19th-century architecture. It’s home to various boutiques, cafés, and restaurants, all contributing to a vibrant local culture. The location along the Richelieu River also offers beautiful waterfront views.Saint-Jean-Baptiste City Center
The heart of the city, this area includes essential services, shopping, and dining. The bustling atmosphere is complemented by community events and access to historical sites, making it a popular spot for both residents and visitors.Les Îles de Saint-Jean
A picturesque area consisting of a group of islands in the Richelieu River, it is perfect for nature lovers. With recreational opportunities like kayaking and biking, it offers a serene escape while still being close to the urban center.Secteur des Forges
Known for its residential neighborhoods, Secteur des Forges combines family-friendly homes with parks and recreational facilities. It has a community-oriented feel, making it ideal for families looking for a suburban lifestyle.La Petite Nation
A quieter neighborhood characterized by its greenery and spacious residential lots. This area is popular among those seeking a peaceful environment while still being within commuting distance to more bustling areas of the city.Saint-Jean-Baptiste Historical District
This area is rich in cultural heritage, featuring important landmarks and museums that tell the story of the region’s past. Its preserved buildings and sites attract history enthusiasts and tourists alike.Bord-de-l’Eau
A scenic neighborhood along the river, known for its stunning views and recreational activities. Residents enjoy walking paths, parks, and access to water-based sports, making it a great spot for outdoor enthusiasts.
Illustration of Saint-Jean-Baptiste, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Saint-Jean-Baptiste, 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 current cost of living in Saint-Jean-Baptiste, Quebec?
- How have housing prices in Saint-Jean-Baptiste changed over the past few years?
- What are the main economic drivers in Saint-Jean-Baptiste?
- What financial assistance programs are available for residents facing economic challenges in Saint-Jean-Baptiste?
- How does the average income in Saint-Jean-Baptiste compare to other cities in Quebec?
- What is the unemployment rate in Saint-Jean-Baptiste and how has it fluctuated recently?
- How do property taxes in Saint-Jean-Baptiste affect the overall affordability for residents?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Saint-Jean-Baptiste is a small and charming community located in the province of Quebec, Canada. Nestled near the banks of the Richelieu River, it features picturesque landscapes and a close-knit atmosphere, making it an inviting place for families. The area is known for its rich history, with historical sites and buildings that reflect its heritage. Outdoor activities are popular here, as residents enjoy hiking and exploring nature in the surrounding countryside. Additionally, local events and festivals connect people, enhancing community spirit and showcasing the culture 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!