Saint-Prosper
Trusted Debt Relief & Consumer Proposal Help
Saint-Prosper, debt relief, Quebec
Saint-Prosper, Quebec, is a community of about 3,600 residents, primarily French-speaking, with a median age of 44. While it offers a blend of lifestyles and outdoor activities, financial challenges are prevalent, especially for older residents facing job scarcity and lower wages. High housing costs exacerbate financial strain, leading to increased debt. Access to debt relief options is essential for residents navigating these economic difficulties.
City: Saint-Prosper
Province/Territory: Quebec (QC), Canada
Est. Population: 3,605
Financial Challenges
Living in Saint-Prosper, Quebec can be tough if you’re having money problems. Many people here are older, which means there aren’t as many jobs available, and the jobs that are there might not pay a lot. If you lose your job, it can be hard to find another one quickly. Also, most homes are single-family houses, which can cost a lot to buy and take care of. This makes it hard to keep up with mortgage payments or rent, especially if your income is low.
On top of that, the economy in Saint-Prosper isn’t growing very fast. With fewer job opportunities and rising unemployment, it can be difficult to make ends meet. People who live here might have to spend a bigger part of their money on things like housing and basic needs, leaving less money for other important expenses. This can lead to more debt and financial stress, making everyday life more challenging for those already struggling with money.
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-Prosper, 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 | 1,694 |
Living in poverty | Number of residents who are living in poverty | 400 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 39 |
Insolvencies | Number of residents who filed for insolvency | 9 |
Consumer proposal | Number of residents who filed for a consumer proposal | 7 |
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
Downtown Saint-Prosper
The heart of the town, Downtown Saint-Prosper features a blend of local shops, cafés, and restaurants. It often serves as a gathering place for community events and festivals, enhancing its charm and vibrancy.Saint-Prosper Industrial Park
This area is primarily focused on business and commerce, housing various enterprises and manufacturing facilities. The industrial park contributes significantly to the local economy and attracts workers from surrounding areas.Parc des Érables
A popular recreational area, Parc des Érables offers green spaces, walking trails, and playgrounds, making it an ideal spot for families and outdoor enthusiasts. It hosts community activities and is a cornerstone of local leisure.Champs de la Grange
This neighborhood is known for its picturesque rural landscape and agricultural charm. It’s a mostly residential area that appeals to those seeking a quieter lifestyle while still being close to the amenities of the town.Sector Résidentiel de la Rivière
Located near the river, this residential sector provides a serene environment with beautiful views. The area attracts families and retirees looking for a peaceful living space, while also being conveniently close to downtown activities.

Illustration of Saint-Prosper, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Saint-Prosper, 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 Saint-Prosper, Quebec?
- How does the housing market in Saint-Prosper compare to nearby cities?
- What are the primary economic sectors that drive the economy of Saint-Prosper?
- Are there local financial assistance programs for residents facing economic challenges in Saint-Prosper?
- What is the unemployment rate in Saint-Prosper and how has it changed in recent years?
- How do utility costs in Saint-Prosper affect the overall cost of living?
- What are the average wages in Saint-Prosper and how do they align with the cost of living?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in Quebec, this community features a mix of urban and rural elements, with a population of approximately 3,600 residents. Most inhabitants are French speakers, and the community has a strong family presence, with over 40% of households having children at home. It offers a blend of traditional and modern lifestyles, including accessible outdoor activities and local events. The median age of the population is around 44 years, suggesting a relatively mature demographic, and the area is largely characterized by single-family homes that reflect the community’s residential nature. As part of the province, it is influenced by broader economic trends in Quebec, including modest growth forecasts and demographic shifts.
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!