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Postage Stamp Increase Coming

Postage Stamp Increase Coming

Christopher Arndt |

In case you didn't hear, the price of postage stamps is going up on January 22, 2023.

  • A first-class stamp will increase from 60¢ to 63¢.

  • A domestic postcard stamp will increase from 44¢ to 48¢.

  • An international postcard stamp will increase from $1.40 to $1.45.
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Like you, I don't like when prices go up.

But did you know, even with the postage rate increases, the USPS continues to remain among the world’s most affordable?

For a little background on the issue, these 6-month rate increases are the result of the Postal Service’s 10-year plan for achieving financial sustainability and service excellence under the leadership of Postmaster DeJoy. With full implementation, the 10-year plan reverses a projected $160 billion in losses over the next 10 years.

If you'd like to learn more, you may enjoy reading this article by Government Executive which offers an overview of the current problems plaguing the USPS, a better understanding of the 10-year plan, and the challenges that lay ahead.