The highest stamp price increase in nearly 30 years begins January 27th.
Back in October, the U.S. Postal Service board of governors requested a five-percent increase to the forever stamp, upping the price to 55 cents.
The USPS said the change would also reduce the additional ounce price of letters.
The Postal Regulatory Commission approved the price changes last month, which is the largest hike in price for the stamp since 1991.
Below are the updated prices for postage and priority mail.
New prices for postage
Forever Stamp: 55 cents
Metered letter: 50 cents
Additional ounce: 15 cents
New prices for Priority Mail
Retail small flat rate box: $7.90
Retail medium flat rate box: $14.35
Retail large flat rate box: $19.95
Retail large flat rate box APO/FPO/DPO: $18.45
Retail regular flat rate envelope: $7.35
Retail legal size flat rate envelope: $7.65
Retail padded flat rate envelope: $8