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The price of stamps is going up – again. Here’s when and by how much
Susan Walsh/AP
Tanasia Kenney
Tue, October 18, 2022 at 6:04 PM
Sending mail will soon cost more as the U.S. Postal Service plans yet another round of price hikes on postage.
The cost of Forever stamps and other postage is set to increase on Jan. 22, 2023, USPS announced in an Oct. 7 news release. Affected postage will see a 4.2% jump in price, a move officials said is necessary to keep up with inflation.
For instance, the price of a first-class Mail Forever stamp will increase by 3 cents to 63 cents by early next year, the postal service said. Consumers can also expect to pay 60 cents for 1-ounce metered mail and 48 cents to send a domestic postcard.
The news comes months after the USPS hiked the price of stamps in July from 58 cents to 60 cents, McClatchy News reported.
“The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item,” USPS said, though it did not detail how much more those items could cost.
The new rates include:
- Letters (1 ounce): 63 cents
- Letters (metered, 1 ounce): 60 cents
- Domestic postcards: 48 cents
- International postcards: $1.45
- International letter: $1.45
Changes aren’t expected on the single-piece letter and the flat additional-ounce price, which is 24 cents, according to the postal service.
Earlier this year, Postmaster General Louis DeJoy warned that Americans would see “uncomfortable” hikes in postage rates as the USPS works toward becoming self-sustaining, Fortune.com reported.
“I believe we have been severely damaged by at least 10 years of a defective pricing model which cannot be satisfied by one or two annual price increases, especially in this inflationary environment,” DeJoy said during a Board of Governors meeting, the news outlet reported.
The Governors Board has OK’d the latest price increases, and the Postal Regulatory Commission is set to review the proposed changes.
Comments
While I am not happy with the increase, I can understand the need for it. For example, I am old enough to remember when stamps were around .05 and gas was less than .25/gal. Now gas is 14x higher so the price of postage must keep up with the costs to deliver it. The costs of replacing their aging fleet of postal vehicles has also risen dramatically. For those that use the services of the USPS, the term TANSTAAFL applies. Bob
Edited to add; Every time you buy a stamp it helps to pay the 100,000 or so military vets and vets family members that work for the USPS. In my opinion, that's a good thing.
Another boondoggle program for The Socialist and unions to squeeze out more vote buying for The politicians.
The USPS delivery system is the worst it's ever been. Bailout by the government continuously over they years, Used & formed by the government for diplomatic/bussiness pouches between government/corporate entities to insure secrecy to begin with in my opinion.
serf
Aside from mailing a few certified letters this last yr, I only use a few stamps
Yes, my wife does all the bill paying online. Rarely do we use stamps.
I still do pretty much all of my bill paying by mail. What I have been doing differently for the past 7 or 8 years is that my spending is all done by credit card, including utility payments. Only have to write and send out a couple checks a month.
I buy stamps in rolls of 100 and will pick up a couple rolls soon before the increase. Should get by for a few years on that!
That is what we do for personal and our business. The only problem is the banks are not even mailing the payments anymore. The bank has agreements with most large companies to send an echeck which clears faster than a mailed checked.
Does this mean it will cost more to fill my mailbox with junk?
Yes. So that firestarter they deliver to you is worth more.
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain
Those color flyers burn pretty colors
So once again I will pay more to send a letter or pay a bill. But, my mailbox will continue to be filled with 95% total junk that goes directly to the trash or recycle bin. The USPS is becoming nothing but an advertising delivery service.
If they didn't deliver all the junk mail a stamp would cost $ 5.00
Well ,,,,, they gotta pay for the daily USPS TV commercials ,,,,,, ‘I’ve been everywhere man’ , that run numerous times a day, and probably cost millions on an annual basis.
They must think we don’t know that the post office is still ‘there’ ,,,,,,,