In a recent announcement, the United States Postal Service (USPS) unveiled its proposed price adjustments scheduled to take effect on January 21, 2024. The changes, approved by the USPS board of governors, aim to address operational costs and support the financial stability outlined in the Delivering for America 10-year plan.
Key Changes:
First-Class Forever Stamp: The price will increase by 2 cents, from 66 cents to 68 cents.
Mailing Services Products: Various products, including letters, domestic and international postcards, and international letters, will see an approximate 2 percent price increase.
- Letters (1 ounce): From 66 cents to 68 cents.
- Letters (metered 1 ounce): From 63 cents to 64 cents.
- Domestic Postcards: From 51 cents to 53 cents.
- International Postcards: From $1.50 to $1.55.
- International Letter (1 ounce): From $1.50 to $1.55.
Additionally, the USPS is seeking price adjustments for Special Services products.
These changes are in response to ongoing inflationary pressures and aim to rectify the effects of a previous pricing model. Despite the adjustments, USPS prices remain among the most affordable globally.
The Postal Regulatory Commission (PRC) will review these changes before they become official. For more details, visit prc.arkcase.com/portal/home (Docket No. R2024-1), or access price tables on the USPS’s Postal Explorer website at pe.usps.com/PriceChange/Index. The USPS, operating as an independent federal establishment, is committed to self-financing and providing reliable, secure mail and package delivery to millions of addresses without tax dollars for operating expenses.
