2023 Stamp Price Increases Kick In

Starting Sunday, January 22, the USPS plans to increase prices of some postage by 4.2%, which generally amounts to a few cents per stamp. The cost of a Forever stamp would go up 3 cents, from 60 cents to 63 cents – the third price hike in about a year.

Forever stamps, regardless of when they are purchased, will be accepted in perpetuity – hence the name. That means if you have some already, even if you bought them at a lower price, they will still be accepted to mail letters next year and the year after that. It also means you can buy stamps in bulk now to avoid paying more after January 22.

The USPS is also increasing the cost of sending Priority Mail by about 5.5%. Priority Mail Express will get 6.6% more expensive, and First-Class Package Service prices are set to increase by 7.8%. Priority Mail commercial rates will bump up about 3.6%.

At the same time, the cost of some Priority Mail shipping materials, including flat-rate envelopes and boxes, will go down. Using a flat-rate box or envelope lets you send a package of up to 70 pounds to any U.S. state for a flat fee.