Politics & Government

Price of Stamps Going Up in 2014

The temporary increase is intended to generate an additional $2.8 billion in revenue to make up for earlier losses.

It's time to stock up on Forever Stamps.

On Jan. 26, 2014, the cost of a first-class postage stamp will rise to 49 cents from 46 cents, according to U.S. Postal Service.

A book of first-class one-ounce stamps will cost $9.80. Forever Stamps purchased before the increase will still be valid for all one-ounce letters. Here's a rundown:

  • Letters (1 oz.) — 3-cent increase to 49 cents
  • Letters additional ounces —  1-cent increase to 21 cents
  • Letters to all international destinations (1 oz.) — $1.15
  • Postcards — 1-cent increase to 34 cents
The U.S. Postal Service’s regulator approved the increase of about six percent, but rejected a request for a permanent increase.
The rate increase is intended to boost the USPS' revenue by $2.8 billion in two years to recoup losses suffered in 2008 and 2011.

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