Record-high price hike on ‘Forever’ stamps just days away: Here’s how much you’ll pay

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Bt AL.COM  Posted By Leada Gore | [email protected]

 

The cost of a “Forever” stamp is set to increase in less than a week.

“Forever” stamps will increase from 50 cents to 55 cents on Jan. 27. Metered letters will go from 47 cents to 50 cents, but the cost of each additional ounce will fall – from 21 cents to 15 cents.

The 5-cent hike on stamp prices is the biggest jump since 1991, when the cost grew from 25 cents to 29 cents.

The increase is needed, to keep the USPS “competitive while providing the agency with needed revenue,” post office officials said.

The cost of mailing a package will increase, too:

Small flat rate box – from $7.20 to $7.90

Medium flat rate box – from $13.65 to $14.35

Large flat rate box – From $18.90 to $19.95.

Regular flat rate envelope – From $6.70 to $7.35

Large flat rate envelope – From $7 to $7.65

Padded flat rate envelope – From $7.25 to $8.

 

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