Stamp Price Increase Tomorrow, January 21st – Grab Some at the Lower Price TODAY!

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Another stamp price increase is on its way. Here’s what you need to know.

usps forever stamps

The price of a stamp is going up AGAIN and will continue to go up every year.

Tomorrow, January 21st, the United States Postal Service will increase the price of First-Class Forever Stamps from their current cost of 66¢ to 68¢. In addition, USPS is planning to increase the cost of metered letters, postcards, and international mail as detailed below. Yet despite the higher prices, the USPS maintains that it still offers some of the most affordable services in the world.

You can check out this press release on the stamp price increase for more information, but you may want to grab some stamps TODAY before the price increases. USPS has a variety of stamp sheets and books available with free standard shipping.

The proposed Mailing Services price changes include:

Postal service price increases for 2024

Additionally, the USPS has announced plans to raise the price of postage twice a year, every year. 😱 You can expect the increases to take place around each January and July.

If you’re running low on stamps, now is the best time to grab yourself some Forever Stamps while they’re still available at the lower price!

money saving moving tips — usps mail truck

The USPS said the following about the stamp price increase:

It “intends to be judicious in the use of available pricing authority, but anticipates the prospect that, given our current financial condition, the price change for each market-dominant class may be required to apply most or all pricing authority available on the date of filing.”

If you think that statement sounds somewhat ominous, you’re not alone. An industry watchdog called The Alliance of Nonprofit Mailers declared this filing “a death spiral accelerator” for the USPS. It’s also warning its members, “We assume USPS will use the full pricing authority it has at any moment.” 😬

black mailbox

Which classes of mail will see the biggest postage increase?

The services that will be affected by these twice-a-year price hikes include first-class mail, marketing (advertising) mail, periodicals, package services, and special services. Linn’s Stamp News points out that many of these are services in which the USPS holds a monopoly.

Holding a pack of stamps

So why is there a stamp price increase now?

In the past, inflation caps limited the USPS’s ability to raise the price of a stamp by keeping postage increases in line with inflation rates. But the Postal Regulatory Commission recently gave the agency additional rate authority. This means we may be about to see historical price increases while the Postal Service tries to save itself from financial ruin, so get ready for additional price increases in the future!

usps mail carrier

Looking to save on shipping?

Not all shipping services are the same! If you’re wondering how to get the best deal on shipping, we prepared a handy cheat sheet for you! See our shipping cost comparison we put together last year to know whether Fed Ex, UPS, or USPS best fits your needs. With inflation recently impacting shipping costs, choosing the right carrier can make a big difference!

Another way to save is to use Media Mail when eligible. Media Mail is a shipping service offered by the USPS and it can be used to send non-time-sensitive, educational materials. These can include items like books, educational references, CDs, DVDs, and more.

man sealing box with Staples Bulk Shipping Tape

Check the USPS website for a full list of eligible items. Media Mail packages are subject to inspection by the Postal Service so you’ll want to ensure your items qualify or you risk receiving an additional charge.

If your items do qualify, you’re in luck! Media Mail prices are considerably lower than other services and start as low as $3.92. Just keep in mind that in exchange for the low price, Media Mail shipments take a little longer to be delivered. The current estimate is 2-8 business days.

If you ship packages frequently, consider joining the FedEx Rewards program to snag discounts of 15%-30% off your shipments. If you prefer UPS, the shipping service offers discounts to AAA and AARP members.

Don’t miss these other recent news stories!

About the writer:

Nicole has 7 years of blogging experience. While her primary background has been in the restaurant and hospitality industry, she is a self-taught couponer with over 10 years of hands-on experience and a desire to share her knowledge to help others save.

Join The Discussion

Comments 20

  1. Daryn

    Just checked USPS. They are already selling stamps at 66 cents. 🙁

    • Cheryl72

      They are going up to 68 cents tomorrow

      • LaToya

        I think she meant they are already charging the new price – 68-cents. I just went to order and they are at the new rate …

        • LaToya

          Scratch that – it says the new price, but they are charging the old price. Just stocked up for all occasions this year …

  2. Csandst1

    Ridiculous. Mail needs to be disbanded. Very little reason for it. At the very least mail delivery should be limited to once or twice a week for residential mail.

    • Lora

      Grandmas love to send out their greeting cards and receive them. This ruins the experiences for the elderly. Mail should not be disbanded. Not everyone does everything online. My Dad doesn’t even use a smartphone or computer. He still has a landline and does his bills via mail. The post office could probably deliver mail every other day though.

    • alex

      A significant part of the population does not have access to dependable internet, regardless of age.

  3. michellewestdesign

    they don’t charge shipping for stamps but the do charge a handling fee.

  4. Jen

    I noticed you didn’t include the new Ground Advantage delivery service USPS offers. We use this often for my son’s small business and it saves a lot vs Priority mail for packages. The difference is it takes a day or two longer to get to the recipient but it’s totally worth it and it has tracking. One other thought…can you, personally, drive a letter across the states for .68? I think not. I don’t like the increase either but it is what it is.

    • Trish (Hip Sidekick)

      Thanks for taking a moment to share about this new delivery service, Jen! 🤗 Happy to hear this has worked better for you than shipping packages by priority mail! ❤️

  5. Katie

    Pirateship is great for discounted shipping on packages! So nice to pay online, get a discounted rate and just drop them off at the post office. No more waiting in line! I especially love using the priority mail flat rate boxes to mail items to family and the discount makes them much more affordable to ship.

    • Trish (Hip Sidekick)

      Thanks for sharing about Pirateship, Katie! Good to know they offer discounted shipping and it’s so easy to use! 💞

  6. acgold

    I still send cards when someone is really sick or going through something tough or a birthday. People are so appreciative that you went to the trouble to buy a card and mail it. It lets them know you are thinking about them on a random day. Dollar Tree still has nice cards 2 for $1.00

    • Lana

      Same here.

  7. Hipgrandma

    I saw a sign at Costco which said they’d sell stamps at the current price until February 18

  8. Jill

    Anyone have an update on Amazon starting a carrier service to compete with USPS?

  9. Hind Washington

    There is no amount USPS can charge that will make it profitable or efficient.

    • Clestina

      USPS isn’t supposed to make an actual profit. it’s not private business. It could break even as a service. the 2006 law where they have to refund pensions for 75 years (people who haven’t even been born yet) is what hurts them.

  10. shey59

    My road didn’t get mail for 4 days because of lack of help and they want more money. 😠

  11. Tricia

    I’m glad I only have one bill that only has a pay by check option. I don’t send many cards so a book of stamps last me a year.

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