First Class Stamps Increasing by One Cent Next Year

October 18, 2011 Updated Oct 18, 2011 at 5:18 PM EDT

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First Class Stamps Increasing by One Cent Next Year

October 18, 2011 Updated Oct 18, 2011 at 5:18 PM EDT

According to a CNN report, the U.S. Postal Service announced on Tuesday that the cost of a first class stamp is going up one cent beginning next year.

The price of first class stamps will rise to 45 cents beginning Jan. 22, 2012, according to the report. The CNN report also says that postcard postage, letters to Canada and Mexico and letters to other international destinations will also increase.

Read the CNN.com report HERE.