![]() ![]() Here's what you need to know: USPS costs going up on stamps, letters, postcards Other costs could also go down with the new USPS Ground Advantage plan.Īll the changes will begin Sunday, July 9. This month will mark the fourth price increase in two years on Forever Stamps, which have increased from 55 cents in 2021 to 66 cents on July 9. Postal Service pricing takes effect early in the month.Ĭosts will go up by 5 cents to mail a first-class, international letter and by 3 cents on multiple items, as USPS tries to offset inflation and bring in "much needed revenue," according to the agency. WASHINGTON−Changes are coming to your mail in July, as new U.S. All told, the Postal Service reported a net loss of $1 billion for the first quarter, but that was a $519 million improvement over the $1.5 billion net loss during the same period last year.Scott L. When adjusted for inflation, 50 cents in January 2019 equates to about 60 cents in the spring of 2023, according to the Bureau of Labor Statistics’ CPI inflation calculator.įor the first quarter of 2023, the Postal Service’s operating revenue was $21.5 billion - an increase of $206 million, even though volume declined by 1.7 billion pieces, or 4.8%, compared with the same period last year. Sunday marks the fifth jump in forever stamp prices seen since the start of 2019, when the postage cost 50 cents apiece. Postal Service as of the Postal Service’s April notice. The price changes had also been approved by the Governors of the U.S. The Postal Regulatory Commission approved both the price changes and the implementation of Ground Advantage ahead of this month’s changes. Ground Advantage pricing will reflect a 3.2% decline in retail prices and a 0.7% drop for commercial, the Postal Service says. The Postal Service will also launch a new package shipping service, USPS Ground Advantage, on Sunday to replace and combine previous plans. International postcards and one-ounce letters are both set to move to $1.50. The cost of sending a first-class one-ounce metered letter, for example, will rise to 63 cents and domestic postcards will jump to 51 cents. ![]() Beyond forever stamps, a handful of other mail services will also see price increases starting Sunday. ![]()
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