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Stamp prices to increase one cent in January

Stamp prices in 2013: First-class letters increase from 45 to 46 cents; postcards rise from 32 to 33 cents. Stamp prices for international delivery will be $1.10 no matter what the destination. 

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Tina Fineberg/AP/File
In this 2008 file photo, Dana Pinero of New York, foreground, waits in line to mail tax returns in New York. As of January, stamp prices increase a penny for first-class letters and postcards.
  • By Hope Yen Associated Press

| WASHINGTON

The cost of mailing a first-class letter will go up by a penny in January.

The Postal Regulatory Commission on Friday approved the proposed rate increase, which raises the price of a first-class domestic stamp to 46 cents.

The price of a postcard will increase from 32 cents to 33 cents, while a new global "forever" stamp will allow customers to mail letters anywhere in the world for one set price of $1.10. Currently, the prices for international letters vary.

The prices go into effect Jan. 27.

The U.S. Postal Service, which posted a record annual loss of $15.9 billion, proposed the rate increase last month.

The rate increase is tied to the rate of overall inflation. It will make only a small dent in the mail agency's financial losses.

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