Stamp Prices Going Up 2 Cents

(AP)  It will cost Americans 2 cents more to mail a letter starting Sunday. First-class postage rises to 39 cents for the first ounce.

The increase follows legislation requiring the Postal Service to place $3 billion in an escrow account this year. Another rate boost is likely next year to cover rising costs for the agency. Stamp prices last went up in June 2002.

Many rates, such as parcel post and advertising mail, vary by distance or whether the material is presorted. Rate changes taking effect, including some estimates for typical mailed items:

Post card, and each additional ounce in first class, up 1 cent to 24 cents.

Letter to Canada or Mexico, 1 ounce, up 3 cents to 63 cents.

Letter to other foreign countries, 1 ounce, up 4 cents to 84 cents.

Priority Mail, 1 pound, up 20 cents to $4.05.

Express Mail, 8 ounces, up 75 cents to $14.40.

Certified mail, up 10 cents to $2.40.

Money orders up 5 cents to 95 cents.

Delivery confirmation, up 5 cents to 60 cents.

Weekly news magazine, 5.8 ounces, presorted, up 1 cent to 18.5 cents.

Household magazine, 13.8 ounces, presorted, up 1.5 cents to 28.9 cents.

Small nonprofit publication, presorted, up 1.4 cents to 28.3 cents.