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How Much Does A Postage Stamp Cost For 2014
Effective January 26, 2014 - the price of a first class (1) ounce letter sent through the United States Post Office will go up $0.03 to $0.49. This applies to letters mailed within the U.S. which are subject to $0.21 fee per extra ounce [ previously $0.20 per oz ].
The last major rise in rates occurred January 27, 2013 when the price of a first class letter sent through the United States Post Office went up $0.01 to $0.46. When there was also the introduction of the global forever stamp for delivery of letters anywhere in the world.
Prior to this, there was an increase January 22, 2012, when first class stamps increased a penny to 45 cents for the same domestic delivery. That announcement followed a former increase that occurred approximately 2 years and 7 months prior.
As of the January 26 `014 date - letters destined for Canada and Mexico will increase to $1.15 with the global forever stamp which applies to all international destinations and this rate trails the prior years significant rise from $0.85 to $1.10, a twenty five cent hike at the time. Before the `013, Jan. 27th price adjust, international cost had been set at $1.05 total).
As the new increases reflect an effort by the UPS to raise $2 billion in needed funds, the rate at which the Post Office can take charges higher is based on an inflationary rate that comes from the CPI.
HistoryThe most recent price adjustment is the result of the filing by the U.S. Postal Service of a notice of mailing services price adjustments with the Postal Regulatory Commission (PRC). During 2013, the post office recorded losses sustained of $6 billion. For fiscal 2012 they experienced $15.9 billion in losses alone.
July 2010 - the USPS initiated a proposal for a 2 cent rise in stamps, which was shot down later that year. Loaded with several billion dollars in losses, and closing a number of facilities, it appeared that at that time they would probably in the future be looking for ways to compensate.
How massively things have changed with stamps since 1853, the first year stamps were put into use.
TipsSome consumers buy extra forever stamps since they are claimed to send even when higher postage surpasses these rates in the years ahead. While postage continues to go up, there are still options like electronic mail, or a phone plan with generous or unlimited long distance/texting such as with some of the cell phone carriers. For mailing out bills, many companies have switched to the online payment option - that is, if you are comfortable with its measure of safety.