Snail mail gets more expensive

The cost of a first-class stamp will rise to 42 cents starting May 12, the U.S. Postal Service said Monday.

The price of the Forever stamp will go up at the same time, meaning those stamps can still be purchased for 41 cents but will remain good for first-class postage after the rate increase takes effect.

The charge for other services, such as advertising mail, periodicals, packages special services will also change. Changes in the price for Priority Mail and Express Mail will be announced later, the agency said.

Postage rates last went up in May, 2007, with a first-class stamp jumping 2 cents to the current 41-cent rate.

Read more...

As more and more standard mail is replaced with Email, prices for traditional mail have risen faster than ever before. Another reason for the increase in stamp prices so recently after the last price hike could be the rising gas prices that may increase operating costs for the USPS.

Grade This Post.