US Postal Service to raise its Stamp Price on 27 Janurary 2013

The US Postal Service is raising their price on stamps this year, as they did about the same time one year ago.  There will surely be some griping here, however the postage price has roughly kept pace with inflation.  The price increase should be expected.  The chart below indicates that the postage stamp rate since August 15, 1971 has nearly matched inflation.

Date

Stamp Price

Inflation Base

Difference

15-Aug-71 8 8.0 0.0
2-Mar-74 10 9.7 0.3
31-Dec-75 13 10.6 2.4
29-May-78 15 12.9 2.1
22-Mar-81 18 18.0 0.0
1-Nov-81 20 18.0 2.0
17-Feb-85 22 21.3 0.8
3-Apr-88 25 23.4 1.6
3-Feb-91 29 26.9 2.1
1-Jan-95 32 30.1 1.9
10-Jan-99 33 32.9 0.1
7-Jan-01 34 35.0 -1.0
30-Jun-02 37 35.5 1.5
8-Jan-06 39 39.8 -0.8
14-May-07 41 41.0 0.0
12-May-08 42 42.5 -0.5
11-May-09 44 42.4 1.6
22-Jan-12 45 45.4 -0.4
27-Jan-13 46 46.2 -0.2

There was a reason that 15 August, 1971 was chosen as the date.  That is the date when then President Nixon signed the order to allow for the termination of exchanging dollars for gold.  This allowed the US dollar to then float in value, almost always in the inflationary direction.  This period provided for the most “apples to apples” comparison for monitoring stamp prices.

If you know you’ll need the stamps and won’t lose them, buy them right before January 27, 2013.  Since the “forever stamp” that is available today at the price of $0.45 will rise to $0.46 next week, $1 is made in short time on 100 stamps.  There is no sense in hoarding stamps for this purpose, but it is worth noting that the “forever stamp” will hold its value better than cash in the wallet.  The below chart shows the price increases of the US postage Stamp since 1971.

Stamp prices from USPS.gov, inflation data from usinflationcalculator.com

Stamp prices from USPS.gov, inflation data from usinflationcalculator.com

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