The increase is part of USPS's “Delivering for America,” plan, a 10-year plan to achieve financial sustainability and service excellence. It is raising overall product and service prices by approximately 6.9% due to declining mail volume.

Are postage stamps going up in 2021?

The PRC (Postal Regulatory Commission) has approved the requested changes for postal rates. The biggest change in this rate change is the cost to send a metered letter will increase by two cents, while stamp users will see a three-cent increase.

Why are postal rates going up?

The new pricing will enable USPS to grow revenue to help achieve financial sustainability to fulfill its universal service mission, as outlined in the 10-year “Delivering for America” plan. The price changes will raise overall Market Dominant product and service prices by approximately 6.9 percent.