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Forever stamps Price increases to $.63 cents each in January 2023

Pending approval from the Postal Regulatory Commission, the U.S. Post Office intends to increase the price of first-class stamps by three cents in January 2023. The price will increase from $.60 cents to $.63 cents on January 22. The price to send a domestic postcard will increase to $.48 cents. Prices for international mail and metered mail are also going up. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item. The last increase for first-class postage was in July 2022 when the price of a first-class stamp increased from 58 cents to 60 cents.

The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations. The good news is that Forever stamps you have now are still usable. Any Forever stamps you currently have will still be good next year, no matter how much you purchased them for, so stock up now if you want to get ahead of the upcoming price increase.

Source: U.S. Postal Service Announces New Prices for 2023 U.S. Postal Service, October 7, 2022