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Mailing a Letter to Cost a Penny More Next Year

It'll cost a penny more to mail a letter next year. The cash-strapped U.S. Postal Service announced Tuesday that it will increase postage rates on Jan. 22, including a 1-cent increase in the cost of first-class mail, to 45 cents.

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Postage Rates Rising, But Not For Most Letters

The post office is raising its rates starting Sunday but don't worry, mailing that recipe to Aunt Mary or the birthday card to Uncle Joe won't cost any more. That's because the 44-cent price for sending a basic first-class letter will stay the same.

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