Time To Stock Up on Forever Stamps

If you're someone who hasn't kicked the 'snail mail' habit, it's going to start costing you more.

The U.S. Postal Service has announced some price increases which go into effect next month.

Starting July 9, the price of a Forever Stamp will increase by 3 cents from 63 cents to 66 cents. It is the second price hike of 2023. The price of stamps went from 60 cents to 63 cents, January 22.

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The USPS says the latest increase is necessary to 'offset the rise in inflation.'

The price to send a domestic postcard will increase to 51 cents; a 1-ounce letter mailed to another country would go to $1.50. The price for a single-piece letter and flat additional-ounce price remains at 24 cents.

The price of stamps has increased more over the last decade than at any other time in the nation's history - jumping 21 cents from the beginning of 2013 (45 cents) to next month's price hike (66 cents).

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