Price of Stamps may be going up again

[Rainger99]

It appears that stamps are going up again. The price went up in January from $.60 to $.63 and may go up to $.66 in July.

The price changes have been approved by USPS board of governors but still have to be approved by the Postal Regulatory Commission.

If approved, stamp prices will have risen 32% since early 2019 when they rose from 50 cents to 55 cents.

U.S. Postal Service seeks to hike stamp prices by 5.4% | Reuters (https://www.reuters.com/world/us/us-postal-service-seeks-hike-stamp-prices-by-54-2023-04-10/)

[retiredguy123]

Why don't they raise the price of all postage high enough to cover their costs?

[CoachKandSportsguy]

It appears that stamps are going up again. The price went up in January from $.60 to $.63 and may go up to $.66 in July.



So if i spend about $60 all year on stamps and packages at the USPS, its $6 more a year for me. . . and that's being a high year. .

decimal dust in my annual spending plans. .

[Keefelane66]

I think the last time we bought Forever stamps over a year ago still have maybe half left. All bills are paid online. Gift cards are purchased on Amazon they deliver thru Prime.

[coralway]

Haven’t need of stamps for over 5 years.

[manaboutown]

I remember when postage for a letter was three cents and a penny for a postcard. So it soon will cost 22 times as much, at 66 cents, to mail a letter? Just wow!

[charlieo1126@gmail.com]

Why don't they raise the price of all postage high enough to cover their costs?because it’s supposed to be revenue neutral , which means it can’t make a profit , it also is mandated to universal delivery which means that they are mandated to deliver to everyone including very rural areas where the other services won’t , it also the only governmental institution that is required to fund all financial obligations to employees right from the start , they also are required to keep delivering 6 days a week , people’s beef shouldn’t be with post office but with congress who could help if they wished but don’t

[Rainger99]

Take your unstamped letter/card on a 500-1000 mile trip a relate to us the cost 66 cents is a bargain.
You probably spent more than 22% for your Village home compared to 1958.
Prices for 1958

House: $10,450-
Average income: $4,650
Ford car: $1967-$3929
Milk: $1.01
Gas: $.24
Bread $.19
Postage stamp: $.04
Chef Boy-Ar-Dee spaghetti, 15 1/2 .oz can.: $ .19
Corned Beef: $.59 lb.
Swiss Steak: $.75 lb.
Libby Tomato Juice, 5 (46 .oz) cans: $1.00
Kraft Carmels, 1 lb pkg: $.37
Uncle Ben’s Rice, 14 oz box – $.19
Sunkist Oranges, 5 lbs.: $.49
Cantaloupe: $.05 lb.
Celery: $.04 lb.
Tuition at Harvard: $1,250 yr.
Nathan’s Hot Dog: $.25
Roundtrip airfare London to New York: $453

I was able to find recent prices for some of the listings. Most prices have not gone up as much as postage.

House: $10,450- The Zillow Home Value Index puts it at $354,649
Average income: $4,650 - $54132 in 2022
Milk: $1.01 -$ 2.96 at Walmart.com
Gas: $.24 - $3.61
Bread $.19 $2.72 at Walmart.com
Postage stamp: $.04 - $.66
Chef Boy-Ar-Dee spaghetti, 15 1/2 .oz can.: $ .19 - 14.5 oz can 1.24 at Walmart.com
Corned Beef: $.59 lb. $4.98 a pound at Walmart.com
Uncle Ben’s Rice, 14 oz box – $.19 2.14 for two pounds at Walmart.com
Sunkist Oranges, 5 lbs.: $.49 99 cents a pound at Walmart.com
Tuition at Harvard: $1,250 yr. $55,587
Nathan’s Hot Dog: $.25 $4.75
Roundtrip airfare London to New York: $453 JetBlue has a roundtrip price of $344 but more typical prices are in the $500 to $600 range.

[Two Bills]

Take your unstamped letter/card on a 500-1000 mile trip a relate to us the cost 66 cents is a bargain.
You probably spent more than 22% for your Village home compared to 1958.
Prices for 1958
House: $10,450
Average income: $4,650
Ford car: $1967-$3929
Milk: $1.01
Gas: $.24
Bread $.19
Postage stamp: $.04
Chef Boy-Ar-Dee spaghetti, 15 1/2 .oz can.: $ .19
Corned Beef: $.59 lb.
Swiss Steak: $.75 lb.
Libby Tomato Juice, 5 (46 .oz) cans: $1.00
Kraft Carmels, 1 lb pkg: $.37
Uncle Ben’s Rice, 14 oz box – $.19
Sunkist Oranges, 5 lbs.: $.49
Cantaloupe: $.05 lb.
Celery: $.04 lb.
Tuition at Harvard: $1,250 yr.
Nathan’s Hot Dog: $.25
Roundtrip airfare London to New York: $453

You can get airfare London - New York return at off peak near to that price still if you keep checking offers.
Just imagine the cost of milk if it had risen at the same rate as property prices. :eek:

[Bjeanj]

I still send birthday and holiday cards to my family, which includes 7siblings, their spouses, and my family. I could send them electronically, but it’s still nice to receive something in the mail that is not a bill (or junk mail). I don’t like the increased cost of stamps, but that will not change my routine.

[OrangeBlossomBaby]

I remember when postage for a letter was three cents and a penny for a postcard. So it soon will cost 22 times as much, at 66 cents, to mail a letter? Just wow!

Compare to:

Fedex - 3rd day delivery $11.10, next-morning (overnight) $41.20

UPS - ground $10.90, next day $37.35

DHS - $32.14 next-day only

I'd say USPS is still a bargain after all these years. Where else can you mail a document or written letter to anywhere in the US for less than a buck?

[Rainger99]

Compare to:

Fedex - 3rd day delivery $11.10, next-morning (overnight) $41.20

UPS - ground $10.90, next day $37.35

DHS - $32.14 next-day only

I'd say USPS is still a bargain after all these years. Where else can you mail a document or written letter to anywhere in the US for less than a buck?

I have a friend in Hawaii. I send him a Christmas card and I always enjoy dropping that card in the mailbox! Really getting my money’s worth on that card!!

[Two Bills]

We used to bring all our overseas Christmas Cards from UK and post them from US. when we overwintered in TV.
Your postage compared to UK is really a bargain.

[midiwiz]

It appears that stamps are going up again. The price went up in January from $.60 to $.63 and may go up to $.66 in July.

The price changes have been approved by USPS board of governors but still have to be approved by the Postal Regulatory Commission.

If approved, stamp prices will have risen 32% since early 2019 when they rose from 50 cents to 55 cents.

U.S. Postal Service seeks to hike stamp prices by 5.4% | Reuters (https://www.reuters.com/world/us/us-postal-service-seeks-hike-stamp-prices-by-54-2023-04-10/)


does this really matter? I don't know anyone that uses stamps any more than once a year or two. I have stacks of forever stamps the wife bought "just because" it's a non issue these days.

[Worldseries27]

it appears that stamps are going up again. The price went up in january from $.60 to $.63 and may go up to $.66 in july.

The price changes have been approved by usps board of governors but still have to be approved by the postal regulatory commission.

If approved, stamp prices will have risen 32% since early 2019 when they rose from 50 cents to 55 cents.

u.s. Postal service seeks to hike stamp prices by 5.4% | reuters (https://www.reuters.com/world/us/us-postal-service-seeks-hike-stamp-prices-by-54-2023-04-10/)
think i'm going to have to refi

[Captainpd]

It appears that stamps are going up again. The price went up in January from $.60 to $.63 and may go up to $.66 in July.

The price changes have been approved by USPS board of governors but still have to be approved by the Postal Regulatory Commission.

If approved, stamp prices will have risen 32% since early 2019 when they rose from 50 cents to 55 cents.

U.S. Postal Service seeks to hike stamp prices by 5.4% | Reuters (https://www.reuters.com/world/us/us-postal-service-seeks-hike-stamp-prices-by-54-2023-04-10/)

Gas is up 110%, eggs %140, mortgage rates 75% etc etc. And you are worried about. 08 cents. Just gotta love that post. As always, JMHO

[OhioBuckeye]

Stamp prices don’t surprise me one bit. Everything we do today is by computers & Cell Phones. Stamp prices will continue to go up, the postal service will keep making money no matter if stamp prices double remember our country is ran by a dictator. Something has to change otherwise things are going to keep getting worse. Just my opinion!!!