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USPS to raise stamp prices: Here's what mailing a letter will cost
Fox Business • • business
Key Points:
- The U.S. Postal Service (USPS) will increase the price of a First-Class Mail Forever stamp from 78 cents to 82 cents, effective July 12, following approval from the Postal Regulatory Commission.
- Overall mailing service prices will rise by about 4.8%, with increases also affecting domestic postcards, metered letters, and international mail.
- USPS cites rising operational costs and longstanding financial challenges as reasons for the price hike, emphasizing its need to maintain universal service without taxpayer funding.
- The Postal Regulatory Commission approved the increases but expressed concern over USPS's declining mail volume, service performance issues, and financial outlook.
- Forever stamps purchased before the increase will remain valid for mailing standard one-ounce letters at the previous rate.
