Yet again, the United States Postal Service is set to increase the price of stamps in 2013.
A regular first class postage stamp, which costs 45 cents today, will go up in price by one penny to 46 cents, effective Jan. 27, 2013. That one cent increase is the exact same amount the price went up at the same time last year.
The cost to mail a post card will also be raised by one penny, the Postal Service announced. The current price tag for a post card is 32 cents, which will go up to 33 cents in January. The price for a stamp for an international delivery will be a flat rate of $1.10 no matter what destination the letter is headed to.
The United States Postal Service is seeking this newest rate increase to offset rising costs and loss revenue stemming from the world's economic hardship and the fact that fewer and fewer people are sending snail mail these days as free e-mail accounts become a much cheaper, faster and convenient option. The United States Postal Services does not receive any revenue from the country's federal government, and therefore post office administrators must rely on only money made from stamps and other mailing services to cover the enormous cost of its operations, according to a report from The Raleigh Telegram.
The Postal Service also announced new costs for its priority mail flat rate services. The new costs for those services are broken down below:
- Small box - $5.80
- Medium box - $12.35
- Large box - $16.85
- Large APO/FPO box - $14.85
- Regular envelope - $5.60
- Legal envelope - $5.75
- Padded envelope - $5.95