The price of forever stamps may be increased by two cents later this year.
If it is passed, it will go into effect on July 10.
If this is passed, it would be the second hike in less than a year. Last August USPS raised the price of fist-class stamps to 58 cents from 55 cents. That is a 9% increase in postage from less than a year ago. Read more about it here.
If the Postal Regulatory Commission (PRC) approves the increase the prices will be:
- Letters (1 oz.) will be increased from 58 cents to 60 cents
- Letters (metered 1 oz.) will be increased from 53 cents to 57 cents
- Letters (additional ounces) will be increased from 20 cents to 24 cents
- Domestic postcards will be increased from 40 cents to 44 cents
- International letters (1 oz.) will be increased from $1.30 to $1.40
The price adjustments are because of inflation and “heightened operating expenses.”
What is a Forever Stamp?
Forever Stamps are usually used for mailing average sized, one ounce letters within the US.
The can be used regardless of when the stamps were bought or how prices may change in the future.