As of April 10, the United States Postal Service is required to reduce certain prices of it’s stamps. A standard First-Class stamp now costs $0.47. This price drop is the first in 100 years and will account for a net loss of approximately 2 billion dollars. There isn’t a huge difference, but if you’re frugal, now may be the time to stock up on Forever stamps.
Prices dropped over the weekend, and in a press release, the USPS announced the following changes:
|• Letters (1 oz.)||49 cents||47 cents|
|• Letters additional ounces||22 cents||21 cents|
|• Letters to all international destinations||$1.20||$1.15|
|• Postcards||35 cents||34 cents|
What do you think of this price drop? Is technology slowly taking over traditional industries? Tweet us your thoughts at @RedOrum or like us on Facebook and comment on this post. To learn more about the price drop, click here.