The United States Postal Service (USPS) announced that the cost of its Forever stamps will rise five cents apiece on Jan. 27 from 50 cents to 55 cents.
The 10 percent increase on Forever stamps is the largest price since 1991.
• Each additional letter ounce will cost an extra 15 cents, a decrease from 21 cents.
• The cost to mail a two-ounce stamped letter will drop from 71 cents to 70.
• The cost of a postcard remains at 35 cents.
• Priority mail will rise about 10 percent. A priority small box that once was $7.20 will rise 70 cents, and a priority medium box, which previously cost $13.65, will now be $14.35.
The USPS lost about $3.9 billion in 2018 — over $1 billion more than the previous year.
The USPS is not taxpayer-funded. It generates revenue from selling products and services.