Cost of Mailing a Letter Will Drop This Sunday

What's Hot


How to Cut the Cable TV Cord in 2017Family

8 Major Freebies and Discounts You Get With Amazon PrimeSave

8 Creative Ways to Clear ClutterAround The House

Study: People Who Curse Are More HonestFamily

This Free Software Brings Old Laptops Back to LifeMore

Pay $2 and Get Unlimited Wendy’s Frosty Treats in 2017Family

Protecting Trump Will Cost Taxpayers $35 MillionFamily

The 3 Golden Rules of Lending to Friends and FamilyBorrow

6 Reasons Why Savers Are Sexier Than SpendersCredit & Debt

Resolutions 2017: Save More Money Using 5 Simple TricksCredit & Debt

Porta-Potties for Presidential Inauguration Cause a StinkFamily

Tax Hacks 2017: Don’t Miss These 16 Often-Overlooked Tax BreaksTaxes

5 New Year’s Resolutions That Will Pay Off 10 Years From NowCollege

For the first time in nearly a century, it is going to get cheaper to drop a letter in the mailbox.

The cost of mailing a letter is about to decrease for the first time in nearly 100 years.

The U.S. Postal Service announced this week that several rate reductions will take effect on Sunday, April 10.

The current cost of mailing a letter, 49 cents per ounce, will fall to 47 cents per ounce.

Other rates will also fall:

  • Letters weighing more than 1 ounce: 21 cents per additional ounce (down from 22 cents)
  • Letters to all international destinations: $1.15 (down from $1.20)
  • Postcards: 34 cents (down from 35 cents)

Commercial rates will also decrease.

While this sounds like good news for consumers, the Postal Service says these reductions will cost the independent agency of the federal government $2 billion per year in revenue.

The Postal Service’s operations are funded by the sale of postage, products and services, according to a news release. The agency does not receive tax dollars for operating expenses.

The reductions, which the press release calls “forced,” mark the end of a temporary surcharge that was granted to help the Postal Service recover financial losses in the wake of the Great Recession. The surcharge started in January 2014 and was due to expire after it generated $4.6 billion in revenue for the Postal Service.

The agency is continuing to seek congressional action to reinstate the surcharge and make it permanent, however.

Megan J. Brennan, postmaster general and chief executive, says in the release:

“To properly compete for customers and continue to meet America’s evolving mailing and shipping needs, the Postal Service needs the financial capability to invest in the future. We continue to seek legislative reforms to put the Postal Service back on a sustainable financial path, and pricing is an important component.”

The last time the postage rate for a 1-ounce letter decreased was on July 1, 1919, when the rate fell from 3 cents to 2 cents, according to Postal Service historical data.

Do you think Congress should reinstate the surcharge? Sound off below or on our Facebook page.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 8 Secret Ways to Save at Walmart

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,768 more deals!