The Price of Stamps Will Increase on July 10th

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The price of stamps will increase incrementally and continually. Here’s what you need to know.

stack of stamps

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

The United States Postal Service is planning to increase the price of Forever Stamps from their current cost of 58¢ to 60¢ effective on July 10th, 2022. In addition, USPS is proposing to increase the cost of metered letters, postcards, and international mail as detailed below. See this press release for more information.

proposed US postal service mailing fees

Beyond that, the USPS has announced plans to raise the price of postage twice a year, every year continuing with another increase in January of 2023. 😱 Yes, gear up for this postage stamp increase happening over the summer.

money saving moving tips — usps mail truck

The USPS said the following about the Postage 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.” 😬

Mailbox with kids activity books in it

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 the price of stamps increasing 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 authorities. 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 a huge postage increase.

Stressed out by inflation? Try these 10 easy ways to save money!

About the writer:

Evan has a Bachelor's Degree from the University of South Carolina with 7 years of content writing experience specializing in pop culture, sports, technology, and living frugally.

Join The Discussion

Comments 35

  1. acgold

    Aside from Costco- any place good to buy discount stamps?

    • Laynee

      Are they actually discounted at costco or just sold in large quantities? I had no idea

      • mlj211

        I didn’t think they were discounted at Costco.

        • Alikia29

          You save 25 cents on a pack of 100 stamps. Not exactly a discount. Unless I start mailing out Christmas cards (unlikely), that would last the rest of my life and beyond! I use maybe 1 stamp a year.

    • Amber

      I think it’s like a 25 cent savings.

    • Amber

      eBay usually sells discounted stamps also

      • CateM

        Just be careful when buying discounted stamps on ebay etc. There is some that sell fake stamps and it’s hard to tell that they’re fakes.

    • Me

      AND the USPS just announced they are slowing delivery times. Some will take several days longer. So, we are paying more for less service.

  2. Luv2save2

    Thank you for the heads up. Better go stock up 👍

    • Amber (Hip Sidekick)

      You’re very welcome!

  3. sfc_abby

    Regardless of the service, I love mailing cards (just because, birthdays, etc.). I have started to order my stamps online through USPS. There is a variety, so for my birthday cards I order Happy Birthday stamps. I will order my stamps today for Christmas and birthday stamps. Thank you hip2save team! Happy Shopping to all.

    • Shannon

      Thanks for the tip to order from I just did the same and it worked great. It’s kind of fun to pick out the stamp design.

    • Jessica (Hip Sidekick)

      You’re so welcome! Thanks so much for sharing your tip with readers! 💕

    • Becky

      I love the idea of birthday stamps. I didn’t even realize they made them. Thank you for the idea!

  4. Tawana

    I went to the post office today and got a roll of regular stamps, postcard stamps, and a few international stamps to last me until next year. I love mailing out cards too but I will have to start cutting back next year.

    • Jessica (Hip Sidekick)

      So glad that you were able to grab some stamps at the current price, Tawana! 🤗❤️

    • Jessica (Hip Sidekick)

      Sweet! Thanks for sharing that, Thia! ❤️

    • Jane

      I am seeing a $5 processing fee added to your order if shipped. Read the fine print below. There are also other sellers for the discounted stamps @ Walmart. Most have 5 star ratings, so I am inclided to trust them.

      • Nikki

        It didn’t charge me $5 processing fee during checkout my total was $35.36

    • Jennifer

      Thanks for the Walmart tip! I was able to buy a roll of 100 forever stamps for $35.56 shipped. That should last me the rest of my life. I’ll have stamps to leave in my will for my children…LOL

  5. ChristieG

    It’s 2cents a stamp for now. I would expect with everything else inflated, this was a matter of time. The not so energy efficient mail trucks are probably bleeding them dry. As much as I mail anymore, its ok. Just have to move with the flow…

  6. Iowagirl63

    Thanks so much for the tip! Just ordered 100 for $43.99 and free shipping!

  7. Maureen

    Thank you for the heads up. I had no idea the price was going up. I just ordered my stamps online and my Christmas stamps so I am covered for a while. Thanks again !!!

  8. Sara

    USPS would still be profitable on an operating basis if Congress hadn’t forced them in 2006 to fund their post-retirement health care costs 75 years in advance(Postal Accountability and Enhancement Act). They wanted USPS to have financial problems so that they could use it as a justification for service cuts and privatization. No other federal agency is required to do this.

    • Tammy

      Sorry to hear this. (I had no idea.)

      I would like to add, that as far as the local employees in my area, the people who work at the local post office are always super helpful and the lady who delivers mail to my neighborhood is incredibly hard working and friendly, always going over and above to make sure we receive our mail and deliveries.

      They all deserve better, and I am surprised that this this has not been rectified.

  9. Tricia

    I still have a few bills that are not up with times and only allow mail in payment. If they would just get it together and allow online payment, I’d never really need to ever buy stamps again, except for Christmas cards.

  10. Kerry

    Forever stamps are already 60 cents each on the USPS website, today is July 9th? Increase isn’t supposed to take effect until tomorrow?

    • Ashley

      Some are, but most are 58. I didn’t create an account tossed for sure … but I assume they charge shipping? Seems pointless to order online if so, especially if you’re only buying a book or two. Your savings and then some will go to the cost of the stamp they’ll charge to send them to you.

      Can anyone verify if this is right or wrong?

      • Kerry

        Thank you, I found the .58cent stamps! I already had an account and wasn’t charged shipping, just $1.40 handling fee.

    • Jana

      Some are already .60, but you can still filter on Forever .58-cents, and see 3 pages of stamps for .58 each

      • Kerry

        Thank you! Found & ordered the .58cent stamps 🙂

  11. Kerry

    Thank you! Found & ordered the .58cent stamps 🙂

  12. Lindsey l

    Bj’s sells them a good price. But you have to go to the counter or register to ask for them. 🙂

  13. Cristine

    For the past few months, Hallmark’s sign and send cards include shipping if you mail directly to your recipient. So you pay for the card, write your message which prints on there, and it goes right to the person.

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