I've talked before about how I appreciate getting postcards. I have a friend who sends postcards periodically, but I also received a postcard from a local business recently after I made a major purchase. I appreciated the personal touch.

But the number of letters, postcards, or just general mail I receive has been going down and I suspect it's been going down for you, too, because so much of our correspondence is done electronically. Even taxes can be done electronically. Yet, the price of stamps continues to increase and it may be going up again.

In January, the price of stamps went up from 66 cents to 68 cents and now CNN is reporting the US Postal Service has filed a request to raise the price again.

READ MORE: New Price for Stamps in Montana As of January 2024

In a press release from the USPS, they present what the new prices will be if approved by the Postal Regulatory Commission.

  • First Class Letters would go from 68 cents to 73 cents.
  • First Class Letters (metered) would go from 64 cents to 69 cents.
  • First Class Postcards would go from 53 cents to 56 cents.

Additional price increases are identified in the press release.

As we reported in January, looking at USPS historical rates, stamp prices increased twice in 2023. If the Postal Regulatory Commission approves this latest increase, there will be two increases in 2024 as well. Since 2018, the rate of increase also seems to be increasing from one or two cents to three to five cents. Take a look at the USPS stamp prices over 10 years.

  • January 26, 2014 - 49 cents
  • April 10, 2016 - 47 cents (notice the price went down)
  • January 22, 2017 - 49 cents
  • January 21, 2018 - 50 cents
  • January 27, 2019 - 55 cents
  • August 29, 2021 - 58 cents
  • July 10, 2022 - 60 cents
  • January 22, 2023 - 63 cents
  • July 9, 2023 - 66 cents
  • January 21, 2024 - 68 cents
  • July 14, 2024 - 73 cents (proposed)

Overall, the USPS says the proposed rate would increase all mailing services by nearly 8%.

How Much Did Stamps Cost the Year You Were Born?

Here's a look at the cost of postage throughout the years, beginning in 1863. The price listed is for letters weighing up to one ounce.

Gallery Credit: George McIntyre

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