First-class stamp expected to increase to 60¢ in July
It will likely cost more soon to mail a letter.
The U.S. Postal Service wants to raise the price of a first-class stamp from 58¢ to 60¢.
While that’s a 6.5% increase, the Postal Service says it’s lower than the Bureau of Labor Statistics’ annual inflation rate of 7.9%.
If the Postal Regulatory Commission agrees with the price hike, it would take effect July 10.
The last major price increase was on August 29, 2021.