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November 1, 2023

U.S. Postal Service Proposes New Prices for 2024

Written By: ÃÛÌÒÁµÕZ Staff
Postal Service New Prices

The United States Postal Service (USPS) announced its next price increase, which is set to take effect on January 21, 2024. This change will affect First Class, Periodical, Standard/Marketing Mail, Package Services, Bound Printed Matter, Media/Library Mail and other miscellaneous USPS fees. As of October 2023, the Postal Regulatory Commission (PRC) has not yet approved these increases.

This announcement marks the first increase of the 2024 calendar year, after that . USPS cites inflationary pressures as the driving force behind this price increase. Most mail types are set to increase in price by around 2%, though certain marketing and periodical materials will see a larger increase.

Continue reading below to see specific mail price increases planned for 2024, as well as official statements from USPS regarding the change.

  • New¡¯sprices scheduled to take effect Jan. 21, 2024
  • Postal Service¡¯sprices remain among the most affordable in the world
  • First-Class Forever stamp will be 68 cents

The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of mailing services price changes to take effect Jan. 21, 2024. The new rates include a 2-cent increase in the price of a First-Class Mail Forever stamp, from 66 cents to 68 cents.

The proposed adjustments, approved by the governors of the Postal Service, would raise mailing services¡¯sproduct¡¯sprices approximately 2 percent. If favorably reviewed by the commission, the¡¯sprice¡¯schanges would include:

Product °ä³Ü°ù°ù±ð²Ô³ÙÌý±Ê°ù¾±³¦±ð²õ ±Ê±ô²¹²Ô²Ô±ð»åÌý±Ê°ù¾±³¦±ð²õ
Letters (1 ounce) 66 cents 68 cents
Letters (metered 1 ounce) 63 cents 64 cents
Domestic Postcards 51 cents 53 cents
International Postcards $1.50 $1.55
International Letter (1 ounce) $1.50 $1.55

There will be no change to the additional-ounce¡¯sprice, which remains at 24 cents. The Postal Service is also seeking¡¯sprice¡¯sadjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item.

As inflationary pressures on operating expenses continue and the effects of a previously defective pricing model are still being felt, these¡¯sprice¡¯sadjustments are needed to¡¯sprovide the Postal Service with much needed revenue¡¯sto achieve the financial stability sought by its¡¯s¡¯s10-year plan. The¡¯sprices of¡¯sthe Postal Service remain among the most affordable in the world.

The PRC will review the changes before they are scheduled to take effect. The complete Postal Service¡¯sprice¡¯sfiling, with¡¯sprices for all products, can be found on the PRC website under the Daily Listings section at¡¯s.¡¯sThe mailing services filing is Docket No. R2024-1. The¡¯sprice¡¯stables are also available on the Postal Service’s Postal Explorer website at¡¯s.

This table shows the average by mail class.¡¯s

Class Percent Change
First Class Mail 1.969
USPS Marketing Mail 1.961
Periodicals 1.959
Package Services 1.960
Special Services 2.168

 

This table shows Standard/Marketing for letters and flats.

±Ê°ù´Ç»å³Ü³¦³ÙÌý Percent Change
Letters 1.333
Flats 3.966

 

This table shows the Periodical Pricing changes.

±Ê°ù´Ç»å³Ü³¦³ÙÌý Percent Change
Outside County 1.594
Within County 7.320
Overall 1.959

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