October 7, 2022
USPS has notified the Postal Regulatory Commission of plans to adjust prices on market-dominant products and services. This includes raising certain First-Class Mail, Periodicals, Marketing Mail, Package Service and Special Services prices.

The price of a Forever stamp will increase by 3 cents from 60 cents to 63 cents.

If favorably reviewed by the commission, the prices would take effect Jan. 22, 2023. The change reflects an increase of roughly 4.2 percent and is being proposed to offset rising inflation.

The proposed changes include:

• Letters (1 ounce): 60 cents (current) 63 cents (planned)

• Letters (metered 1 ounce): 57 cents (current) 60 cents (planned)

• Domestic postcards: 44 cents (current) 48 cents (planned)

• International postcards: $1.40 (current) $1.45 (planned)

• International letters (1 ounce): $1.40 (current) $1.45 (planned)

The single-piece additional-ounce rate will remain unchanged at 24 cents.

USPS is also seeking price adjustments on special and ancillary services, including Certified Mail, Post Office Box rental fees, money order fees and insurance.

Even with the changes, the Postal Service’s letter-mail postage rates will continue to be among the lowest in the world.

The complete USPS price filing can be found on the commission’s website. The latest proposed changes are found in Docket No. R2023-1. Price tables are also available on the Postal Explorer website.

The Postal Service’s news release has additional information.

USPS News Release – October 7, 2022

Source: USPS