Current:Home > MarketsStamp prices increase again this weekend. How much will Forever first-class cost? -Golden Horizon Investments
Stamp prices increase again this weekend. How much will Forever first-class cost?
View
Date:2025-04-13 20:12:38
Postal rates, including the price of Forever stamps, are going up again.
Forever stamps get a 5-cent increase from 68 cents to 73 cents when the price increase goes into effect on Sunday.
When Forever stamps were introduced in 2007, they cost 41 cents each. That's a 78% increase in 17 years.
The U.S. Postal Service called them "Forever" stamps so consumers knew whenever they bought them, the stamp would be good for sending mail. That means any stamps you have now that you bought for 68 cents or cheaper can still be used even after the price increase.
Here's what else you need to know:
Why does the Postal Service keep raising price of Forever stamps?
The most recent price changes were proposed by the Postal Service in April and approved by its board of governors in November.
Aggressive price increases have been part of the Postal Service's 10-year Delivering for America plan, enacted in 2021 by Postmaster General Louis DeJoy.
"You understand the Postal Service had been in a financial death spiral for the 14 years prior to my arrival in June of 2020 and had no plan to curtail these losses, and therefore no plan to become fiscally self-sufficient," he told a U.S. Senate committee in April 2024.
Despite some cited improvements at the Postal Service, many senators decried how its plan has led to delays in their constituents' mail. The Postal Service, which had forecast a $1.7 billion surplus in 2024 in the Delivering for America plan, is expected to lose more than $8 billion in the fiscal year ending Sept. 30, and has asked the White House for an additional $14 billion, The Washington Post reported.
Upping the price of Forever stamps and other mail services won't solve the agency's financial challenges, Postal Service spokesman David Coleman told USA TODAY. A big problem is that domestic first-class mail has declined by 52% compared to 2007, he said.
"The Postal Service is one of the most efficient postal administrations in the world, but volume … is expected to continue to decline as a result of diversion to digital communications and the increase in online transactions," Coleman said.
Can I still use Forever stamps?
Yes, you can still use any Forever stamp. Any Forever stamp covers the cost of first-ounce postage even if the price of a stamp changes, Coleman said.
You can also still use stamps that are not Forever stamps, but you will need to add enough postage to total 73 cents when mailing a First-Class Mail letter weighing 1 ounce.
Forever stamps: Tracking price increases over the years
If it seems as if Forever stamps have been increasing forever, well, they have been rising a lot in recent years. Here are the increases since the stamps were priced at 55 cents on Jan. 27, 2019:
◾ Aug. 29, 2021 - 58 cents
◾ July 10, 2022 - 60 cents
◾ Jan. 22, 2023 - 63 cents
◾ July 9, 2023 - 66 cents
◾ Jan. 21, 2024 - 68 cents
◾ July 14, 2024 - 73 cents
What other mail prices are going up?
Other services will see an increase, too, including Priority Mail (5%). Here are some other price increases that took effect on Jan. 21:
Product | Prices before July 14 | New Prices |
Letters (1 oz.) | 68 cents | 73 cents |
Letters (metered 1 oz.) | 64 cents | 69 cents |
Domestic Postcards | 53 cents | 56 cents |
International Postcards | $1.55 | $1.65 |
International Letter (1 oz.) | $1.55 | $1.65 |
Follow Mike Snider on X and Threads: @mikesnider & mikegsnider.
What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
veryGood! (34)
Related
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- This Valentine's Day my life is on the line. You could make a difference for those like me.
- Americans who live alone report depression at higher rates, but social support helps
- How Jennifer Lopez Played a Part in Derek Hough and Hayley Erbert's Wedding Planning
- Skins Game to make return to Thanksgiving week with a modern look
- Australia's 'Swiftposium' attracts global intellectuals to discuss Taylor Swift
- This Valentine's Day, love is in the air and a skyscraper-sized asteroid is whizzing past Earth
- Who should pay on the first date? Experts weigh in on the age-old question.
- The White House is cracking down on overdraft fees
- Super Bowl winner Travis Kelce has a new side hustle — the movies
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Judge denies requests to limit evidence ahead of armorer’s trial in fatal ‘Rust’ shooting
- Man fired from upstate New York hospital pulled over with loaded shotgun near facility
- Dolly Parton Defends Doll Elle King After Performance Backlash
- What to watch: O Jolie night
- Illinois man dies instantly after gunfight with police officer, authorities say
- 'A selfless, steady leader:' Pacers Herb Simon is longest team owner in NBA history
- Dolly Parton Defends Doll Elle King After Performance Backlash
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
As the Number of American Farms and Farmers Declines, Agriculture Secretary Urges Climate Action to Reverse the Trend
A Battery Company CEO on the ‘Massive’ Effect of the Inflation Reduction Act
2024 NBA All-Star Game weekend: Live stream, TV, dunk contest, 3-point contest, rosters
Tom Holland's New Venture Revealed
A man apologizes for a fatal shooting at Breonna Taylor protest, sentenced to 30 years
Wisconsin lawmakers consider regulating AI use in elections and as a way to reduce state workforce
Ex-officer acquitted of assault in 2020 encounter with racial injustice protester in Philadelphia