USPS to raise the price of a Forever stamp to 82 cents on Sunday. Here’s what to know.

The U.S. Postal Service is set to raise the price of a first-class Forever stamp from 78 cents to 82 cents starting on Sunday, July 12. This increase is part of a series of price hikes aimed at addressing the agency’s financial struggles. Over the past five years, the cost of a first-class stamp has risen by 34%, from 58 cents in 2021 to 78 cents before the upcoming hike.

The USPS has faced challenges such as high costs, declining mail volumes, and policy changes that have impacted its financial health. The Postal Accountability and Enhancement Act of 2006, in particular, required the agency to prepay health care benefits for postal service retirees, leading to increased debt and financial losses in subsequent years.

The Postal Regulatory Commission approved the postage rate hike in May, citing concerns about the USPS’s financial situation, delivery performance, and shrinking mail volumes. In fiscal year 2025, the agency recorded a $9 billion loss.

Aside from the increase in Forever stamp prices, other postage products will also see price hikes. Domestic postcards will cost 65 cents, up from 61 cents, while international postcards and letters will be priced at $1.75, up from $1.70.

The USPS has attributed the price hikes to its financial losses, with operating expenses outpacing revenue growth. Lawmakers from both parties have criticized the agency for delayed mail deliveries, prompting investigations into service failures in various regions.

USPS officials have indicated that further price increases are likely in the future. Postmaster General David Steiner suggested that first-class stamp prices should be raised to between 90 cents and 95 cents to help stabilize the agency’s finances. Despite the potential for more price hikes, older Forever stamps purchased before July 12 will still be valid for use even after the latest increase.

As the USPS continues to navigate its financial challenges, the impact of these price hikes on consumers and businesses remains a topic of discussion and debate.