USPS Asks to Raise Stamp Price to 82 Cents to Ease Cash Crisis

The United States Postal Service proposed raising the price of a first-class stamp by 4 cents to 82 cents, the agency said Thursday as seeks to improve its dire financial situation.

The proposed 4.8% price hike will be reviewed by the Postal Regulatory Commission, an oversight body, and if approved, will go into effect July 12. It would be the eighth stamp price hike since 2021, an increase of about 34% over that time, according to the PRC.