What he's saying: “The mailing industry needs to be prepared for continued use of our authority to raise prices on market dominant products at an uncomfortable rate until such time as we have accomplished our objective of projecting a trajectory that shows us becoming self-sustaining - as required by law,” DeJoy said. What's next: More price increases are coming, DeJoy said during the May 5 Postal Service Board of Governors meeting. Last August, stamps increased from 55 to 58 cents as part of Postmaster General Louis DeJoy's 10-year plan "to achieve financial sustainability," Axios’ Oriana Gonzalez reported.Since 2011, all first-class commemorative stamps have been issued as Forever stamps, according to the USPS website.box rental fees, money order fees and the cost to purchase insurance when mailing an item.įlashback: The Postal Service first started selling Forever stamps in 2007, when they cost 41 cents. USPS said it is also "seeking price adjustments" for products including certified mail, P.O.1-ounce metered mail is 57 cents, also up 4 cents.Postcards are 4 cents and cost 44 cents to mail.Each additional ounce is 24 cents, up from 20 cents.Postal Service says its 6.5% increase is lower than the inflation rate and will help with the "implementation of the Delivering for America plan."ĭetails: With the new rates, postage for a 1-ounce letter is 60 cents, up from 58 cents. Why it matters: Prices on just about everything have increased with record-high inflation, but the U.S. The price of postage stamps will increase by 2 cents Sunday - unless you lock in current prices with Forever stamps.
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