The Postal Service Reform Act, which was passed with strong bipartisan support by Congress and enacted in April 2022, is supposed to generate $44.5 billion in expense reductions. The cost of all goods is up 8.6% over the past year, according to the Bureau of Labor Statistics.įorever stamp prices just increased less than a year ago, from 55 to 58 cents, and the USPS has hinted that prices are likely to continue to increase.Īs inflation and increased operating expenses continue, these price adjustments are intended to help with the implementation of the Delivering for America plan, including a $40 billion investment in core Postal Service infrastructure over the next ten years, according to the USPS. The price hike, which raises the cost of First-Class Mail by 6.5%, is still lower than high inflation rates, the Postal Service said. Letters (additional ounces) 20 cents 24 cents.Letters (metered 1 oz.) 53 cents 57 cents.USPS Product Current cost Cost after July 10:
The following USPS price increases are also slated for July 10: So, if you like to save and you use a good amount of stamps, you may want to head to the Post Office quickly to stock up!įorever stamps aren’t the only thing going up at the post office. So, if you purchased a book of Forever stamps 10 years ago, and the stamps cost only 45 cents each, you can still use them to mail letters today, even with the forever stamps costing more now. The scheme includes $2bn of investment in upgrading the service’s technology, while $20bn is to be spent on its mail and packaging processing network.If you’re a penny pincher, here’s a reminder that on Sunday July 10, The United States Postal Service is raising stamp prices on its Forever stamps from 58 cents to 60 cents, and increasing some other prices as well. Unveiled in 2021, the 10-year Delivering for America plan seeks to “ transform the United States Postal Service from an organization in financial and operational crisis to one that is self-sustaining and high performing”, the USPS says. “As inflation and increased operating expenses continue, these price adjustments will help with the implementation of the Delivering for America plan, including a $40 billion investment in core Postal Service infrastructure over the next ten years,” the USPS said in a statement in April. Prices rises key Delivering for America plan - USPS
Price per additional ounce for letters: 24 cents.Metered letter (up to one ounce): 57 cents.
Stamp price increase full#
Take a look at the USPS’s full updated price list USPS: main first-class postage prices at a glance The price of a domestic package (up to 13 ounces) now starts at $4.50. Meanwhile, a postcard sent within the US now costs 44 cents, up from 40 cents, and the price of an international letter has risen from $1.30 to $1.40. 10-cent rise on price of international letter Metered stamps, which tend to be used by businesses, are printed directly onto mail using a postage meter. Bloomberg Getty Metered first-class postage up by four centsĪ standard-sized one ounce letter mailed using metered first-class postage will cost 57 cents per stamp - a four-cent rise on its former price. Full screen A United States Postal Service (USPS) employee outside a post office in Louisville, Kentucky, on Wednesday.