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Published: Jan 18, 2024 3 min read
Image of a mail envelope letter with many postage stamps on it that resemble dollar bills
Money; Getty Images

Stamp prices will rise to 68 cents this weekend — the fifth hike in less than three years. This probably won't be the only stamp price increase in 2024, either.

It's part of a course correction by the U.S. Postal Service, which has been aggressively raising stamp prices since August 2021. In an announcement last fall, officials attributed the price increases to “inflationary pressures on operating expenses and the effects of a previously defective pricing model.”

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