Price Increases at the Post Office

January 9, 2006 -- Posted at 4:31 p.m. CST


JONESBORO, AR -- If you've been to the post office recently, you may have noticed a few changes... price changes that is.


The last stamp increase happened in 2002 -- that too was a two cent increase.


“I came into the post office today because I needed to buy 2 cent stamps -- fifty.  I usually buy a roll and I had fifty left on the roll so I needed to come in and buy a dollars worth of stamps,” said Terry Stepka.


The price for stamps isn’t the only thing that has gone up.  Prices on most goods and services you can get at the post office are higher as well.


“It affects every rate across the board and that's why we were able to hold it at two cents by raising them across the board,” said Jonesboro Post Master Hillrey Adams.))


But why is a rate increase like this necessary?


“Congress has required us to establish a 3.1 billion dollar escrow account,” said Adams.


“I had mailed off some invitations for a party and had to come back and get two cent stamps just to mail off a few more... (I) didn't know that it was changing,” said Postal Patron Sandra Smith.


Most customers are very understanding about the changes... but for those who aren't, “Keep in mind we're just doing what we're required to do and the people that are in there on that end selling those stamps -- they didn't have anything to do with this.  It was determined somewhere else,” said Adams.  


Here is a full list of the increases:


First class: Increase 2 cents to 39 cents for first ounce, increase 1 cent to 24 cents for each additional ounce.

Post cards: Increase 1 cent to 24 cents.

Express mail: Increase lowest charge from $10.70 to $11.30.

Priority mail: Increase minimum charge from $3.85 to $4.05.

Parcel post: Raise lowest rate from $2.81 to $2.96.

Certified mail: Boost from $2.30 to $2.40.

Insurance: Raise minimum from $1.30 to $1.35.

Money order: Increase from 90 cents to 95 cents.

Registered mail: Raise from $7.50 to $12.75.


For more information on this rate increase at the Post Office go to their website.