STATEN ISLAND, N.Y. — You’ll now have to pay more to mail a letter, as the United States Postal Service (USPS) raised the cost of its Forever First-Class stamps, in effect Sunday.
The cost of a Forever stamp, or mailing a one-ounce letter, has increased from 63 cents to 66 cents.
Other mail services also increased. Here’s a full breakdown.
- Mailing a one-ounce letter — an increase of 63 cents to 66 cents.
- Mailing a metered one-ounce letter — an increase of 60 cents to 63 cents.
- The price of a postcard — an increase of 48 cents to 51 cents.
- One-ounce letter mailed to another country — an increase of $1.45 to $1.50.
- Postcard mailed to another country — an increase of $1.45 to $1.50.
- Additional ounces for letters will remain at 24 cents.
The Postal Service sought 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.
The prices, approved by the governors of USPS, raised the First-Class Mail prices by approximately 5.4%, to offset the rise in inflation, according to the postal service.
It marks the second time that prices will rise in 2023, as the first price adjustment went into effect on Jan. 22.
View the full price changes at usps.com.
As operating expenses fueled by inflation continue to rise and the effects of a previously defective pricing model are still being felt, USPS said these price adjustments are needed to provide much-needed revenue to achieve the financial stability sought by the Delivering for America 10-year plan. According to USPS, its prices remain among the most affordable in the world.
USPS receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations.
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