USPS Announces Plans to Hike Prices of Stamps: Here’s How Much You’ll Pay

The U.S. Postal Service this week said it will try to hike the price of first-class stamps by 5 cents starting this summer. If the USPS gets its way, the price will increase from 68 cents to 73 cents, according to an announcement on Tuesday. It also filed a notice with the Postal Regulatory Commission announcing the plan, which would go into effect in mid-July 2024. First-class stamps won’t be the only item that will see a price increase, the announcement noted. In all, price increases would apply to postcards, international mail, metered letters, and forever stamps. The Postal Service added that there would be no price increase for post office box rentals, and there would be a 10 percent reduction for postal insurance prices. The USPS said it will attempt to obtain price adjustments for certified mail and money order fees....