Stock up on stamps! Post office plans increase to 55 cents for first-class mail

(Photo: USPS)
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WASHINGTON D.C. (WTHR) - The cost of mailing a letter is about to go up again.

The U.S. Postal Service filed notice of the price increase with the Postal Regulatory Commission Wednesday. If approved, the price changes will take effect in late January.

The planned increases will include a five-cent hike in the price of a First-Class "Forever" stamp from 50 cents to 55 cents. The cost of each additional ounce will drop to 15 cents. The post office says a 2-ounce stamped letter, such as a typical wedding invitation, will cost 70 cents to mail, which is actually one cent less than the current rate.

The price of a Forever stamp rose from 49 cents in January 2018. Forever stamps purchased for 50 cents before the rate increase will still be valid after the price goes up to 55 cents.

Here's the complete list of planned postage increases:

The proposed Mailing Services price changes include:

Product

Current

Proposed

Letters (1 oz.)

50 cents

55 cents

Letters additional ounces

21 cents

15 cents

Letters (metered 1 oz.)

47 cents

50 cents

Outbound International Letters (1 oz.)

$1.15

$1.15

Domestic Postcards

35 cents

35 cents

The proposed domestic Priority Mail Retail Flat Rate price changes are:

Product

Current

Proposed

Small Flat Rate Box

$7.20

$7.90

Medium Flat Rate Box

$13.65

$14.35

Large Flat Rate Box

$18.90

$19.95

APO/FPO Large Flat Rate Box

$17.40

$18.45

Regular Flat Rate Envelope

$6.70

$7.35

Legal Flat Rate Envelope

$7.00

$7.65

Padded Flat Rate Envelope

$7.25

$8.00