Table of Contents
Why did the cost of postage go up in the early 1900s?
This plot shows that, despite the rise in the nominal cost of a first-class stamp, the adjusted cost of the stamp has stayed relatively stable. The large jumps in the early 1900s are because a change by a single penny was large compared to the cost of the stamp.
What was the price of a postage stamp in 1919?
On Nov. 2, the price of a first-class stamp rose to 3 cents from 2. In July 1919, the price returned to 2 cents. It was the worst of the Great Depression: Not a great time to be raising the price of postage stamps, one would think.
What was the cost of a postage stamp in 1970?
Four postal rate increases between 1971 and 1978. A first-class stamp that cost 6 cents on New Year’s Day 1970 would cost 15 cents by the decade’s end. The digital age arrived in a big way for the post office during the Reagan era.
What was the price of a first class postage stamp?
As a result, the Post Office retained one cent of the price change as a previously allotted adjustment for inflation, but the price of a first class stamp became 47 cents: for the first time in 97 years (and for the third time in the agency’s history ), the price of a stamp decreased. ^ Smoot, Frederick. “Early United States Domestic Postal Rates”. You may like this How much was a postage stamp in 1963?
How much does a postage stamp cost per decade?
The cents-per-decade column has been added for clarity, to show the acceleration of postage stamp prices in recent decades. US Postal Rates Over Time Historical Cost to Mail A Letter Year Postal Rate/ Postage Stamp Denomination In-crease in Cents Cents In-crease per Decade
This plot shows that, despite the rise in the nominal cost of a first-class stamp, the adjusted cost of the stamp has stayed relatively stable. The large jumps in the early 1900s are because a change by a single penny was large compared to the cost of the stamp.
On Nov. 2, the price of a first-class stamp rose to 3 cents from 2. In July 1919, the price returned to 2 cents. It was the worst of the Great Depression: Not a great time to be raising the price of postage stamps, one would think.
As a result, the Post Office retained one cent of the price change as a previously allotted adjustment for inflation, but the price of a first class stamp became 47 cents: for the first time in 97 years (and for the third time in the agency’s history ), the price of a stamp decreased. ^ Smoot, Frederick. “Early United States Domestic Postal Rates”.