USPS Wins Approval for Largest-Ever Price Increase for Stamps

November 13, 2018

The U.S. Postal Service’s regulator on Tuesday approved the largest-ever price increase for the cost of a stamp, cementing a 10 percent spike to bring the price tag for sending a letter to 55 cents.

The Postal Regulatory Commission approved the jump after determining the Postal Service’s proposal complied with requirements, such as ensuring any price surge is not more than inflation. Prices will increase across the agency’s offerings by an average of 2.5 percent, the inflationary cap.

Individual offerings, such as the stamp for regular, first-class mail, will outpace that rate. Packages sent as Priority Mail will see costs rise by 5.9 percent, while Priority Mail Express will have 3.9 percent higher rates. The new prices will go into effect Jan. 27.

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Larry

This is probably going to hurt the postal service as the increased price will probably cut down on the volume of letters and cards being mailed. Not only that but the greeting card business will suffer a loss in sales of greeting cards sold due to the high cost of mailing their cards. Wireless service will also increase causing a loss of mailing services.

Paul Toms

This is not true. This is only a 10% increase. When stamps went from 6 cents to 8 cents that was a 25% increase.

Ken Brown

Actually 6 to 8 cents is a 33% increase.

Bonnie Braswell

So will I have to add stamps to my forever stamps i have now?

Kathy

No Forever means forever.

Jose

No

Ken Brown

No, but I will stock up. A guaranteed 10% on new purchase of Forever stamps prior to 1/27/19.

Karla Thies

They probably won’t have any current ones to sell.

Jeffrey Scarlett

We have a plethora of forever stamps. Basically all first class first ounce stamps are considered forever now..

Marsha Coffman

No that’s why they are called forever stamps.

Clayton Norris

Got to keep subsidizing Amazon!!

JULIE

With every increase in postage I mail letters less and less. When are these price increases going to end? I see the end to Christmas cards being mailed, along with lots of other mail. How is this helping the postal service when people stop mailing letters and buying postage! Maybe they need to look into why the postal service is so bloated with operating cost and wages. It does not make sense to decrease volume and increase shipping costs.

Jeffrey Scarlett

Actually, first-class letters make the least money out of any service the Post Office offers. 85-90% of the letter mail is bulk/3rd class rate. Most of the money they make is thru those bulk mailings, po boxes, and package services. No matter the increase, they are still cheaper than ups and fedex, and have continually been voted as the most reliable.

Kile Madsen

Hike stamps all you want. It will only encourage me to buy things online instead of through mail-in, pay and receive all my bills online, and keep in touch with my family and friends online and not through mail. Good luck with that price increase.

Jeffrey Scarlett

You do realize when buying things online, that the post office delivers most of it. Even the stuff from ups and fedex. Both drop off thousands of parcels for the Post Office to deliver because they do not go to every address in the United States. To completely by pass the Postal Service, you’ll have to go out and do your shopping…just a thought…lol

Nancy

Are U kidding….rediculious!

Owl Jones

Ridiculous is how it’s spelled

Lisa L

Increase away! I’ll continue to be paperless, thus saving more than a stamp! People have choices and can find ways such as electronic gift card vs mailing one. Use UPS for packages and simple allow more time ( usually do not need it.). The only mail I actually have sent to me, is junk so there you go! With Social Media who sends letters of cards these days? They are going to be pricing themselves right out of business.

Jeffrey Scarlett

You do realize when buying things online, that the post office delivers most of it. Even the stuff from ups and fedex. Both drop off thousands of parcels for the Post Office to deliver because they do not go to every address in the United States. To completely by pass the Postal Service, you’ll have to go out and do your shopping…just a thought…lol

Elizabeth Harrelson

When was the last time you were told about an increase in the price of your favorite cereal, juice, milk, bread, eggs, paper, pens or anything else you purchase? How about the price of a new or even used car? Do you stop purchasing these things? Do you have any idea whatsoever how much it costs to flush your toilet? I’m fairly certain you have no idea what it takes to get a letter from point A to point B. If you feel the best way to express your love and caring is through social media, that’s great. But there… Read more »

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