Stamps prices are set to increase – yes, again

The price of a Forever stamp continues to increase.

On Tuesday, the U.S. Postal Service filed a notice with the Postal Regulatory Commission of its intent to increase some prices effective July 14. The new rates include a 5-cent increase in the price of a First Class Forever Stamp from 68 cents to 73 cents.

The cost of a Forever Stamp – which can be used in perpetuity no matter future price changes – last increased in January when it rose from 66 cents to 68 cents. In 2023, the price of a Forever Stamp rose from 63 cents to 66 cents.

Price increases include:

Letters (1 oz.) – 68 cents to 73 cents

Letters (metered 1 oz.) – 64 cents to 69 cents

Domestic postcards – 53 cents to 56 cents

International postcards – $1.55 to $1.65

International letter (1 oz.) – $1.55 to $1.65

The additional ounce price for single-piece letter will go from 23 cents to 28 cents.

If the latest increases are approved by the governors of the Postal Service – almost a certainty – it represents a price hike of about 7.8%.

Certified Mail and money order fees will also increase but Post Office Box rental fees will stay the same and postal insurance will drop by 10%.