The US Postal Service announced last month that they will be raising the prices of several mailing services starting in July. This includes a 5 cent increase in the price of a First Class Forever Stamp. The price hikes are said to be necessary for the financial stability sought by the organization’s Delivering for America 10-year plan. This is just the latest in a series of price increases over the last few years, impacting the cost of postage for consumers.
The price increase will vary depending on the postal service being used. Some of the announced changes include an increase from 68 cents to 73 cents for Letters (1 oz.), an increase from 53 cents to 56 cents for domestic postcards, and an increase from $1.55 to $1.65 for international postcards. The USPS has also indicated that they are seeking a price change for Special Services products such as Certified Mail and money order fees. P.O. Box rental fees will remain the same. It is important for consumers to be aware of these changes and plan accordingly for their mailing and shipping needs.
Stamps can be purchased at any post office, the USPS website, through mail via USA Philatelic, or by calling the USPS directly. Additionally, stamps and stamp-themed merchandise can be purchased from the USPS’ licensed collection on Amazon. It is recommended that consumers purchase stamps before the price increase takes effect in July 2024 in order to save money on postage costs. This includes stocking up on stamps for future use or any upcoming mailings.
If consumers want to take advantage of the current postage rates, they should make their purchases before July 14, 2024. This gives them just under two months to buy stamps and send mail at the current prices. The price adjustments are part of the USPS’ efforts to achieve financial stability and support the goals outlined in their Delivering for America 10-year plan. It is important for consumers to stay informed about these changes and plan accordingly for their mailing and shipping needs to avoid any surprises in cost.
Overall, the recent price increases announced by the USPS will impact various mailing services and postage rates, prompting consumers to adjust their mailing and shipping habits accordingly. With prices set to increase in July, it is advisable for consumers to purchase stamps and send mail before the deadline to save on postage costs. Being aware of the changes and planning ahead will help individuals and businesses navigate the new pricing structure and ensure they are prepared for the upcoming adjustments in the postal service.
