The increase in First-Class Mail postage is needed to offset the rise in inflation, the postal service said in April when it announced the price hikes. As its name implies, you can use a Forever stamp regardless of what price you paid for it or when you bought it. Are Forever stamps still good for postage? The price hike is scheduled to go into effect on Sunday, July 9, 2023. When does the postage increase take place? The price of a First-Class Mail Forever stamp will increase to 66 cents from 63 cents. Postal Service takes photos of all mail How much does it cost to mail a letter in 2023? Postal Service stampĭid you know? Postmaster General: U.S. Augustine's Castillo de San Marcos immortalized on new U.S. The proposed increase is necessary to offset the rise in inflation, USPS said in a news release.Ī year ago, when the price of the stamp was just 58 cents, Postmaster General Louis DeJoy said he expected the Postal Service to continue to raise prices "at an uncomfortable rate" until the agency becomes self-sufficient.įrom January: USPS raises price of Forever stamp to 63 centsįrom 2021: St. Postal Service, must be approved by the Postal Regulatory Commission. The 5.4 percent increase, approved by the Governors of the U.S. Postal Service announced this month that it plans to raise the price of the stamp to 66 cents in July. Less than three months after raising the cost of a Forever stamp to 63 cents, the U.S. The cost to mail a letter, greeting card or bill payment in 2023 is going up – again.
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