HARRISBURG (TNS) — It’s going to cost more to send a letter starting Sunday.
To cope with the rising cost of operations, the U.S. Postal Service is raising prices by about 4.2%, with first-class Forever stamp prices increasing by 3 cents from 60 cents to 63 cents.
It marks the post office’s third price hike in about a year. Stamp prices rose from 58 cents to 60 cents in July.
The USPS is also raising other rates including international mail and metered letters as well as fees for post office boxes, money orders and other special services.
The price of Priority Mail is rising by about 5.5% and Priority Mail Express by 6.6%. The USPS is also raising First-Class Package Service prices by 7.8% and Priority Mail commercial rates will bump up about 3.6%
The USPS said the adjustments provide much needed revenue to achieve the financial stability sought by its 10-year Delivering for America plan. In October, the USPS noted its prices remain among the most affordable in the world.