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Price of Forever stamp to increase July 14

First-Class Mail Forever stamps will cost more in a few days as the U.S. Postal Service's latest price hike takes effect.

First-Class Mail Forever stamps will cost more in a few days as the U.S. Postal Service's latest price hike takes effect.

The Postal Service proposed a rate increase in April that would raise the cost of a Forever stamp by 5 cents starting July 14. It’s a nearly eight percent increase as the stamp goes from 68 cents up to 73 cents.

The Postal Service announced in April that it was seeking price adjustments on special services such as money order fees and certified mail.

"Forever" stamps have seen a number of price hikes in the last few years, including one back in January.