If you need stamps, now is the time to buy them. The US Postal Service has announced that it will raise the prices of several mailing services starting in July. Among the changes is a 5-cent increase in the price of a First Class Forever Stamp.
According to the USPS announcement, these price increases are due to continued changes in the mailing and shipping market and that, “these price adjustments are needed to achieve the financial stability sought by the organization’s Delivering for America 10-year plan.”
This is the most recent of several price hikes that have raised the cost of postage over the last few years. Read on to find out how this will affect your mailing and shipping habits.
The price increase depends on which postal service you are seeking. The USPS has announced price increases for at least six postal services, with more that have yet to be announced. So far, the new prices are:
US Postal Service price changes
| Product | Current prices | Planned prices |
|---|---|---|
| Letters (1 oz.) | 68 cents | 73 cents |
| Letters (metered 1 oz.) | 64 cents | 69 cents |
| Domestic postcards | 53 cents | 56 cents |
| International postcards | $1.55 | $1.65 |
| International letters (1 oz.) | $1.55 | $1.65 |
| Single-piece letters | 24 cents | 28 cents |