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This follows an increase in January 2024 and marks the sixth increase since January 2021. Despite these ongoing price hikes, the United States maintains relatively inexpensive postage compared to other developed countries. A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries.
This price hike is part of Postmaster General Louis DeJoy’s 10-year Delivering for America plan. ... USPS also says that the 4.2% increase for First-Class Mail will help offset inflation ...
USPS gave a sneak peek at other stamps coming next year. (Scripps News)
In 2023 alone, the postal service reported a $6.5 billion deficit. For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two ...
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
The price increase is expected to start this month. There will not be a price increase for Post Office Box rental fees. The cost of postal insurance when mailing items will go down 10%.
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