Stamp Prices Going Up...Again

UPDATED: Wednesday December 25, 2013 2:26 AM

It's about to cost Ohioans a few cents more to mail a letter.

Regulators have approved a temporary price hike of 3 cents for a first-class stamp, bringing the cost of mailing a letter to 49 cents.

The new price will go into effect January 26th.

The Postal Service hopes the higher rate will help it recoup about $2.8 billion in losses.

The price hike is to last no more than two years.

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