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STAMPS NOW COST 45 CENTS

Tuesday, January 24th, 2012 -- 1:56 PM

After less than a year at 44 cents, the cost of mailing a letter has gone up again. As of Sunday, the cost on first-class postage stamps went up 1 cent.

This increase, albeit minimal, comes at a time when fewer people are using the U.S. Postal Service. The rate increase is expected to be worth nearly a billion dollars for the USPS, which lost more than $5 billion last year.

In addition to the price of a stamp going up 1 cent, now sending a postcard will cost people 3 cents more. Letters to Canada and Mexico will be five more cents, with other international mail going up 7 cents. While the package rate is going up about 2 percent across the board.

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