The United States Postal Service increased the cost of the forever stamp by 3 cents from 60 cents to 63 cents.
The postal service is also increasing the cost of sending priority mail by about five-and-a-half percent, priority mail express by nearly 7-percent, and first-class package service prices are set to increase by almost 8-percent.
According to USPS, the price increase is necessary to keep up with the rising cost of operations.