![]() ![]() ![]() It crossed the 10-cent mark in 1974, the 20-cent mark in 1981, the 30-cent mark in '95 and the 40-cent mark in '07. Mail costs have been steadily increasing since at least 1932, when the cost per ounce increased from $0.02 to $0.03. But at this point, increasing postage rates is basically a national tradition. While that's true - in the United Kingdom, a first-class stamp costs the equivalent of about $1.17 - some Americans are still grumbling about what they see as yet another price hike for a basic good. "Even with post rate increases, USPS prices will remain among the world’s most affordable." In the same time frame, First-Class Mail has dropped 32% and single piece First-Class Mail - including letters bearing postage stamps - has declined 47%," the service says, adding that the new rates will keep it competitive while providing revenue. "In the past 10 years, mail volume has declined by 46 billion pieces, or 28 percent, and is continuing to decline. In an FAQ on its website, the Postal Service says the new pricing will enable it "to grow revenue to help achieve financial sustainability to fulfill its universal service mission." The increases are part of the agency's 10-year Delivering for America plan, which aims to help it recover from a recent $87 billion loss. COST OF POSTAGE STAMP 2021 FULLYou can see a full list of the USPS August 2021 price changes here. Postage for outbound international letters is rising, as well, from $1.20 to $1.30. The cost of sending a postcard domestically will jump from $0.36 to $0.40. First-Class Mail Forever stamps, as well as the cost of mailing a single-piece, 1-ounce letter, will go from $0.55 to $0.58.īut wait, that's not all. Postal Service is set to raise stamp prices this Sunday, increasing the cost of regular postage by 5.5%. Still sending snail mail? Tell your penpal the cost of exchanging letters is about to go up. ![]()
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