U.S. Postal Service to Increase Prices in 2021

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(CNN) – Sending mail could get a bit more expensive in 2021.The US Postal Service has filed a notice with the Postal Regulatory Commission saying it plans to raise prices.

The new proposal increases the price of first class mail by 1.8% and all other categories by 1.5%.

Some prices will remain unchanged, like the forever stamp at 55 cents, while others will only increase by one cent. The additional ounce of one-coin letter should drop from 15 cents to 20 cents.

The Postal Service Board of Governors believes these changes will keep them competitive while providing revenue for the agency.

The commission will review the changes before they take effect on January 24, 2021.

Copyright 2020 CNN Newsource. All rights reserved.

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