The US Postal Service wants to hike stamp prices again in July. Here’s how much you’ll pay
CNN
The US Postal Service filed a notice with its regulators to increase prices on First-Class “Forever” stamps to 73 cents from 68 cents.
Stamp prices are set to increase — again. The US Postal Service filed a notice with its regulators to increase prices on First-Class “Forever” stamps to 73 cents from 68 cents, marking yet another price hike for the financially beleaguered federal agency. If approved by the Postal Regulatory Commission, the change would take effect in July, raising the cost of mailing services products by nearly 8%. Stamp prices alone have soared 36% since 2019 when they used to cost 50 cents. The Postal Service last raised First-Class stamp prices in July 2023. In a statement, the USPS said that the “price adjustments are needed to achieve the financial stability” sought in the agency’s 10-year plan announced by Postmaster General Louis DeJoy in 2021 to make it more competitive and more modern. “USPS prices remain among the most affordable in the world,” the statement said.
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