Posted by TJ on Monday October 27, 2008 @ 03:13 PM
[Tags: guide, business, economy]

US First Class Stamp: 44 cents

Effective May 12, 2008: the current price of a stamp is 44 cents. First-Class Mail Letter (1 oz.) is 44 cents. Each additional ounce costs 17 cents. Postcard stamps are now 28 cents.

Update: On May 11, a first-class stamp will go up by 2 cents to 44 cents. Other rates are set to rise as well. The updated prices are reflected above.

The post office adjusts rates each May, but any increases must be at or below the rate of inflation under a 2006 law.

http://www.post-gazette.com/pg/09101/962044-28.stm#ixzz0HxzFnoH3&D


Source: United States Postal Service (USPS.com)

The price of a stamp increased 1300% from the value of $.03. in 1917

However, this increase is in line with increases of other items as well....

a Dodge Sedan was $1,185 in 1917, that's also 1300% less than today

You could also could buy a pair of men's shoes for less than $6

And your local paper for $.01
Eggs were .39/dozen

A color TV cost.. oh wait a minute...

Okay now I will stop sounding like your grandpa.

1917 Prices from survey in Morris County, NJ