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Forever stamp prices increased in July 2024 by 5 cents as part of the USPS 10-year "Delivering for America" plan. Forever stamps cost 41 cents when first introduced. Now stamps cost 73 cents.
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Postcard stamps increased to 44 cents from 40 cents and the cost to ship international letters increased 10 cents to $1.40, according to the Postal Service website.
Stamp prices will increase from 68 cents to 73 cents beginning July 14. That's an over 7 percent markup! The price for an additional ounce will also jump from 24 cents to 28 cents on the same day.
Since at least the early 1980s, the price of a stamp has closely followed the consumer price index. The large jumps in the early 1900s are because a change by a single penny was significant compared to the cost of the stamp. For example, the price increase from $0.02 to $0.03 on July 6, 1932, was a 50% increase in cost.
The cost of a Forever stamp is set to increase in July 2024 as part of the US Postal Service's 'Delivering for America' plan. Here's what to know.