.

U.S. Postage Rate Increase: First-class Stamps to Cost 49 Cents Jan. 26

The U.S. Postal Service’s regulator approved the increase of about 6 percent across all mail services.

A temporary price hike of 3 cents for a first-class stamp has been OK'd bringing the charge to 49 cents a letter to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn. Courtesy USPS/PRNewswire
A temporary price hike of 3 cents for a first-class stamp has been OK'd bringing the charge to 49 cents a letter to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn. Courtesy USPS/PRNewswire
Written by Greg Hambrick

It's time to stock up on Forever Stamps for the new year—the U.S. Postal Service will soon increase the price of stamps.

On Jan. 26 the cost of a first-class postage stamp will rise to 49 cents from 46 cents, according to The Washington Post

A book of first-class, one-ounce stamps will cost $9.80. Forever Stamps purchased before the increase will still be valid for all one-ounce letters. 

The U.S. Postal Service’s regulator approved the increase of about 6 percent, but rejected a request for a permanent increase.

According to the USPS, the increases include:

  • Letters (1 oz.) — 3-cent increase to 49 cents
  • Letters additional ounces —  1-cent increase to 21 cents
  • Letters to all international destinations (1 oz.) — $1.15
  • Postcards — 1-cent increase to 34 cents

The rate increase is supposed to boost the USPS' revenue by $2.8 billion in two years to recoup losses suffered in 2008 and 2011, according to the Post.



Sign up for the free Los Gatos Patch newsletter | Like Los Gatos Patch on Facebook | Follow @GatosPatch on Twitter | Blog on Los Gatos Patch | Follow Los Gatos Patch on Instagram

Sheila Sanchez (Editor) January 02, 2014 at 01:25 PM
Time to stock up on your Forever stamps, good for first-class postage. Those stamps will be good no matter what the future increases may be, according to the USPS.
Marilyn Leonard January 02, 2014 at 03:59 PM
Thanks for the heads, Sheila!

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »