Postal Stamp Prices to Increases in May

POSTED: Wednesday, February 11, 2009 - 8:28am

UPDATED: Thursday, February 25, 2010 - 11:32am

The Post Office will get an extra two cents worth when you mail a letter starting in May.

The U.S. Postal Service announced that the price of a first class stamp will rise to .44 cents on May 11th. That gives plenty of time to stock up on Forever Stamps, which will continue to sell at the current .42 cent rate until the increase occurs. They will remain valid in the future regardless of rate hikes and while the new .44 cent rate covers the first ounce of first class mail, the price for each additional ounce will remain unchanged at .17 cents.

Postal officials estimate the increase will cost the average household $3 dollars a year.Other changes taking effect on May 11th will be that postcard stamp increases to .27 cents, the first ounce of a large envelope increases .05 cents to .88 cents, and the first ounce of a parcel increases .05 cents to $1.22.

New international postcard and letter prices are, for one ounce, .75 cents to Canada; .79 cents to Mexico; and .98 cents elsewhere.

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