Overview

• The first-class Forever stamp price rose from 73 cents to 78 cents on July 13 following approval by the Postal Regulatory Commission.
• Domestic postcards, one-ounce letters and international mail rates all increased, producing an average 7.4% hike across mail services.
• The increases are part of USPS’s Delivering for America plan, which aims for financial self-sufficiency through incremental rate adjustments through 2027.
• USPS relies entirely on postage and service sales for funding and has recorded more than $100 billion in losses since 2007 as mail volumes have dropped by over 50% since 2006.
• The Postal Service has proposed up to five additional stamp price increases through 2027, each subject to regulatory approval.