The price of a “Forever” stamp is about to increase.
The first-class mail stamp will hike from 63 cents to 66 cents on July 9, while other mailing prices will also see slight price increases.
United State Postal Service officials say you’ll still be able to use older stamps, but the price to buy new ones will be going up, meaning if you don’t want to pay three extra cents, you’ve got less than a week to stock up.
Forever stamps are sold in sheets or booklets of 20. Once the rate change goes into effect, it will cost 60 cents more for a book of stamps.
Announcing the hike in April, USPS officials said the increase in price can be attributed to inflation.
“As operating expenses fueled by inflation continue to rise and the effects of a previously defective pricing model are still being felt, these price adjustments are needed to provide the Postal Service with much needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan,” the USPS release said. “The prices of the U.S. Postal Service remain among the most affordable in the world.”
Other price changes for mailing services include:
• Letters (metered 1 oz.) will increase from 60 cents to 63 cents
• Domestic postcards will increase from 48 cents to 51 cents
• International postcards will increase from $1.45 to $1.50
• International Letters will increase from $1.45 to $1.50
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