Postage increase July 10
Live Oak, Fla., – The United States Postal Service® filed notice in April with the Postal Regulatory Commission (PRC) of price changes to take effect July 10, 2022. The changes will include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents. See Chart-
The prices approved by the Governors of the U.S. Postal Service, will raise First-Class Mail® prices approximately 6.5 percent, which is lower than the Bureau Labor Statistics annual inflation rate of 7.9 percent as of the end of February.
The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box™ rental fees, Money Order fees and the cost to purchase insurance when mailing an item.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products, and services to fund its operations.