Postage stamp prices go up on Sunday, Jan. 26., so get ready to spend more to send out those letters and bills. Midnight Saturday night is the deadline to buy stamps for 46 cents for the last time, according to Fox News local on Jan. 25.
As of Sunday, the price to mail that traditional one ounce letter will go up to 49 cents. The price to mail a postcard will also go up, but just by a penny. Postcards will now cost 34 cents to send via the U.S. Postal Service.
The culprit in this price increase is inflation, coupled with the U.S. Postal Service handling two billion less pieces of mail in 2013 than they did the year before. The price increase is desperately needed on the behalf of the U.S. Postal Service.
This is the biggest price hike in postage stamps in more than a decade. The problems that the post office is experiencing with less mail moving through their service than ever before is not expected to change anytime in the future. Email has become a main stream way to communicate and it looks like it is here to stay.
No matter what price you paid for those Forever Stamps in your desk drawer, they are still valid. Starting at midnight tonight, the price you pay for the Forever Stamp will also be 49 cents.
Think about what you get for a little under 50 cents from the U.S. Post Office. You get a tangible piece of mail dropped off at the destination of your choice. That’s not a lot to pay for that service and even though a typical household won’t feel the pain of the increase, some businesses will feel the hike.
Businesses that send out mass mailings are going to feel the increase on every piece of mail they send. The businesses that send you bills on a monthly basis and who also send them out to millions of others will notice the difference, like the credit card companies. These are the folks that will feel the pain of the increase, more so than others.