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The United States Postal Service just announced that the price of Forever stamps and other postage will go up again on January 22, 2023. The price increase will go up by 4.2% making the cost of a Forever stamp go up 3 cents, from 60 cents to 63 cents.
See more details on the 2023 price changes below:
- Letters (1 oz.) will now be 63 cents
- Letters (metered 1 oz.) will now be 60 cents
- Domestic Postcards will now be 48 cents
- International Postcards will now be $1.45
- International Letter (1 oz.) will now be $1.45
According to the USPS,
“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."
USPS has also implemented peak-season pricing to offset the costs of operating during the holiday season. The price depends on the weight of the parcel and the distance it’s being shipped. Some changes are minor such as being as low as 25 cents while others are substantial. The biggest price jump is $6.50 for shipping heavier, commercial Priority Mail and Priority Mail Express packages over long distances.
The peak-season holiday shipping pricing will last through January 22, 2023, which is the same date the 2023 postage hike is set to take effect.
Photo Credit: Getty Images