The price of a first class postage stamp was raised from 37 cents to 39 cents on Jan. 8, 2006. The change followed the approval of a Postal Rate Commission recommendation to raise prices on all classes of mail approximately 5.4 percent.
The change remained in effect until May 14, 2007 when the price was raised to 41 cents. The Postal Service filed its case to expedite the first increase on April 8, 2005, seeking the price hike due to a legal obligation to fund a $3.1 billion escrow imposed by Public Law 108-18. The Postal Rate Commission submitted its Opinion and Recommended Decision on Nov. 1, 2005, which was accepted 13 days later, thereby granting final approval for the change.Learn More
Postage stamps for domestic mail in 1967 were five cents per ounce. Stamps for cards and postcards were only four cents. These prices had been in effect since Jan. 7, 1963.Full Answer >
As of August 2014, the most recent postage rate increase for a one-ounce first-class stamp was implemented on Jan. 26, 2014. The $0.03 increase brought the price up to $0.49.Full Answer >
As of June 2014, the base rate of a U.S. first-class postage stamp is 49 cents. This rate applies to standard-sized mailings weighing 1 ounce or less. Twenty-one cents is added for each additional ounce.Full Answer >
The United States Postal Service regularly raises rates to account for inflation and increased costs, having raised it 20 times during the 20th century. Since 2006, the USPS has raised the rate for all types of mail almost every year.Full Answer >