Stamp prices increase. What Long Islanders need to know. - Newsday
The price of a Forever stamp is up again, along with other mailing services, following a rate adjustment by the U.S. Postal Service.
As of Sunday, the cost of a first-class Forever stamp rose from 73 cents to 78 cents — a 5-cent increase — previously approved by the Postal Service’s board of governors. Overall, stamp prices are up about 7.4%, according to the agency.
The Postal Service said the increases are needed to support the mail carrier’s “financial stability” amid shifts in the mailing and shipping industry. The hikes are part of its 10-year “Delivering for America” plan, which aims to make the agency financially self-sustaining through operational investments.
There’s one break for Long Island customers: USPS said the cost of postal insurance when mailing items has dropped by 12%.
Other price changes that took effect Sunday include 5-cent increases for domestic postcards (now 61 cents, up from 56 cents) and 1-ounce international letters and postcards (now $1.70, up from $1.65).
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