USPS Raises Stamp Prices Due to Inflation and Rising Expenses

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Effective Sunday, the US Postal Service’s first-class mail stamps – commonly used to send domestic letters – were reduced from 58 cents to 60 cents.

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It just got a little more expensive to send mail to Sacramento – and across the United States

Effective Sunday, the U.S. Postal Service’s first-class mail “forever” stamps — commonly used to mail domestic letters — were reduced from 58 cents to 60 cents. Postcard stamps have gone up from 40 cents to 44 cents and the cost of shipping international letters has gone up from 10 cents to $1.40, according to his website.

Inflation and increased operating expenses are the reasons behind the new USPS prices.

But the price hike is coming back for the second time in less than a year. In August 2021, the postal authorities raised the price of most of their first-class mail by up to 10 cents to “help achieve financial sustainability”.

The new postage rates, announced by the Postal Regulatory Commission in June and approved by US Postal Service governors, raise prices by more than 6% – noting that they are below US inflation rates, according to the USPS website.

Some good news: Forever stamps were designed to help customers during price fluctuations, because they represent the price in force at the time of purchase and remain usable at any time. This means people with forever stamps purchased before Sunday save 2 cents per stamp.

Along with new prices for first-class mail, the Postal Service is looking to adjust its costs for certified mail, post office box rentals, money orders and postal insurance, according to his website.

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Brianna Taylor is a service desk reporter for The Sacramento Bee. A former Bee intern, Brianna has also reported from Missouri and Maryland. She graduated from Morgan State University.

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