USPS Post Office sign

USPS Stamp Price Increase July 2022

The anticipated USPS postal stamp increase is going ahead and comes into effect from the 10th of July 2022. The standard Forever stamp price is increasing from 58 cents to 60 cents. The Forever stamp as its name suggests means that it is valid forever, so even if you bought a stamp 10 years ago at a cheaper price, you could still use it today or in a couple of weeks when the new price comes into play.

This means that if you use a lot of stamps and can stomach a significant upfront stamp investment you could purchase a bunch of Forever stamps at the current price before the 2 cents increase on the 10th of July.

Whilst the price hike may feel significant, especially considering the price increased less than a year ago from 55 cents to 58 cents, USPS is keen to point out that this price increase is 6.5% and still lower than the current high inflation rates.

Customers Should Prepare For More USPS Stamp Price Increases

Purchasing Forever stamps at the current price could be a shrewd move for not just businesses but for regular users too as Postmaster General Louis DeJoy said that Americans should get used to ‘uncomfortable’ postage rate increases over the coming years. This is down to his Delivering for America plan as he tries to bring the postal service into a self-sustaining environment.

“I believe we have been severely damaged by at least 10 years of a defective pricing model which cannot be satisfied by one or two annual price increases, especially in this inflationary environment,”

Louis Dejoy, Postmaster General

Stamps are not the only USPS product getting hit with a price increase. You can check out some of the other price increases taking place in the table below:

USPS ProductCurrent costCost after July 10
Letters (1 oz.)58 cents60 cents
Letters (metered 1 oz.)53 cents57 cents
Letters (additional ounces)20 cents24 cents
Domestic postcards40 cents44 cents
International letters (1 oz.)$1.30$1.40

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