For the second time this year, the United States Postal Service is raising rates. The price of the First-Class “forever” stamp is going from 68 cents to 73 cents next month, on July 14th. The increase in stamp prices marks the seventh price hike in the last three years. The last increase was in January of this year when the price jumped to 68 cents from the previous 66 cents. In 2019, the cost to send a letter was 50 cents. “As changes in the mailing and shipping marketplace continue, these price adjustments are needed to achieve the financial stability sought by the organization’s Delivering for America 10-year plan,” USPS said in a statement. “USPS prices remain among the most affordable in the world.”
