USPS Proposes Five Stamp Price Hikes by 2027

The United States Postal Service (USPS) has announced plans to raise the cost of First-Class stamps five times by the end of 2027, with the next increase set for July 2025.

According to a document submitted to the Postal Regulatory Commission, the new price hike schedule will continue with further increases every January and July through 2027. However, these changes are still subject to regulatory approval.

The USPS has decided to pause the usual January price hike in 2025.

“Our strategies are working, and projected inflation is declining,” stated Postmaster General Louis DeJoy.

DeJoy emphasized that despite the planned increases, the postal service remains committed to keeping services affordable.

Stamp prices have already increased by 36% since 2019, rising from 50 cents to the current rate of 73 cents. The USPS points out that First-Class mail, once a central part of its business, is declining as digital communication becomes more prevalent. Despite the planned hikes, the USPS aims to maintain affordability and continue cost-saving measures.

A new bill, the “USPS SERVES US Act,” introduced in Congress, seeks to limit these frequent price increases, with some advocates warning that stamp prices could reach $1.19 by 2030 if the hikes continue unchecked.

CNN and Axios contributed to this report.