WASHINGTON, D.C. — Next month, the cost of a first-class stamp will be changing.
But for the first time in 97 years, the cost will go down instead of up.
Historic change in the price of a stamp
According to CNN, the cost of the stamp will be 47 cents, down from the current 49 cents.
The United Postal Service raised the price by 3 cents, temporarily, in 2014 to help bring in $4.6 billion, but it was to expire in two years, CNN reported.
While the original hike was 3 cents, the decrease will be 2 cents to adjust for inflation.
The change goes into effect on April 10.
The last time the cost of a stamp went down was 1919, when the 3-cent price dropped to 2-cents.