USPS stamp price increase set to take effect in days with 4.8% surge

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe new rates include a 4-cent increase in the price of a First-Class Mail Forever stamp (Getty Images)The U.S. Postal Service is set to roll out a price hike next week, including a 4-cent increase for a First-Class Mail Forever stamp, raising its price from 78 cents to 82 cents.The proposed adjustments, which are still under review, would result in an approximate 4.8 percent increase across mailing services product prices. The price changes will also impact other services, including metered letters, domestic and international postcards, international letters, and various other First-Class Mail, Periodicals, USPS Marketing Mail, and Package Services products.In an announcement about the price hikes, the Postal Service attributed the adjustments to a severe financial crisis and continued rising operational costs, emphasizing its reliance on postage sales for funding as it receives no tax dollars.The price of Forever stamps has steadily increased over the past six years. A Forever stamp cost 55 cents in 2020, though USPS insists its postage rates are among the lowest in the world.More bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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