CNN.com:
NEW YORK (CNNMoney) -- Snail mail prices are creeping up.
Starting January 27, the price of a first-class stamp will increase one cent to 46 cents, the Postal Service announced Thursday. Postcard postage will rise one cent as well, to 33 cents.
Letters to international destinations will rise in cost to $1.10, up from the old prices of 85 cents to Canada and Mexico and $1.05 to other destinations. Overall, prices for mailing and shipping services will increase by 4% on average, with priority mail prices rising 6.3%.
The increases come as the Postal Service faces a solvency crisis that has prompted it to beg Congress for relief. The financial crunch is largely due to a law passed in 2006 in which Congress ordered the Postal Service to put money aside for future retiree benefits, a mandate that has drained the agency of cash and that many want to see repealed.
MORE
NEW YORK (CNNMoney) -- Snail mail prices are creeping up.
Starting January 27, the price of a first-class stamp will increase one cent to 46 cents, the Postal Service announced Thursday. Postcard postage will rise one cent as well, to 33 cents.
Letters to international destinations will rise in cost to $1.10, up from the old prices of 85 cents to Canada and Mexico and $1.05 to other destinations. Overall, prices for mailing and shipping services will increase by 4% on average, with priority mail prices rising 6.3%.
The increases come as the Postal Service faces a solvency crisis that has prompted it to beg Congress for relief. The financial crunch is largely due to a law passed in 2006 in which Congress ordered the Postal Service to put money aside for future retiree benefits, a mandate that has drained the agency of cash and that many want to see repealed.
MORE