On July 14, 2024, the U.S. Postal Service (USPS) increased the price of a First-Class Mail Forever stamp from 68 cents to 73 cents, a 5-cent or 7% increase. This was the second price increase for the year and tied the record for the most significant increase ever.
Stamp inflation, or “stagflation,” has influenced stamp pricing in recent years, reflecting a broader trend of declining mail usage among Americans.
| Product | Current Prices | Planned 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 |
The additional-ounce price for single-piece letters increases from 24 cents to 28 cents. The Postal Service also seeks price adjustments for Special Services products, including Certified Mail and money order fees.
Notably, there will be no price increase for Post Office Box rental fees, and the Postal Service will apply a price reduction of 10 percent for postal insurance when mailing an item.
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