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You are not having déjà vu, the U.S. Postal Service's first class stamp prices are going again this month. When do stamps go up in price? USPS plans second rate hike of 2024.
The USPS has raised postage rates twice in 2024, with a two-cent per stamp increase in January and a second boost in July, which raised the cost of a Forever stamp to 73 cents.
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.
Stamps were charged at 66 cents before that price increase which happened in January of 2024. Costs of stamps have been on the rise throughout recent years in the United States. Between June 2018 ...
The first such issue was an 8 cents stamp that the Postal Service initially titled "Special Stamp for Someone Special". [56] The stamp was based on a pop art image that Robert Indiana had designed during the 1960s (see "Love" sculpture). [55] [56] The 1973 issue had a printing production of 320 million stamps. [56]
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The main components of a stamp: 1. Image 2. Perforations 3. Denomination 4. Country name. A postage stamp is a small piece of paper issued by a post office, postal administration, or other authorized vendors to customers who pay postage (the cost involved in moving, insuring, or registering mail).
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.