Current:Home > StocksStamp prices increase again this weekend. How much will Forever first-class cost? -Profound Wealth Insights
Stamp prices increase again this weekend. How much will Forever first-class cost?
View
Date:2025-04-23 17:31:40
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! (43)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Halloween pet safety: Tips to keep your furry friends safe this trick-or-treat season
- Theft of 2 million dimes from truckload of coins from US Mint leaves four facing federal charges
- Autoworkers strike at Stellantis plant shutting down big profit center, 41,000 workers now picketing
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Police in Atlanta suburb pledge full investigation after residents report anti-Semitic flyers
- Michigan State didn’t seek permission or pay for Hitler-related quiz content, YouTube creator says
- At least 4 dead after storm hits northern Europe
- DoorDash steps up driver ID checks after traffic safety complaints
- This procedure is banned in the US. Why is it a hot topic in fight over Ohio’s abortion amendment?
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Mourners recall slain synagogue leader in Detroit; police say no evidence yet of hate crime
- Why is F1 second to none when it comes to inclusivity? Allow 'Mr. Diversity' to explain.
- Pakistani court indicts former Prime Minister Imran Khan on charges of revealing official secrets
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Bijan Robinson reveals headache was reason he barely played in Falcons' win
- Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
- Nashville police chief has spent a career mentoring youths but couldn’t keep his son from trouble
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Eagles vs. Dolphins Sunday Night Football highlights: Jalen Hurts, A.J. Brown power Philly
Theft of 2 million dimes from truckload of coins from US Mint leaves four facing federal charges
Former MLB player and woman arrested 2 years after California shooting that killed man, critically wounded wife
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Search continues for Nashville police chief's estranged son after shooting of two officers
JAY-Z weighs in on $500,000 in cash or lunch with JAY-Z debate: You've gotta take the money
Grizzlies' Steven Adams to undergo season-ending surgery for knee injury