USPS Rate Change Effective January 21st, 2024
On January 21st, 2024, the USPS® will be adjusting rates for both Market Dominant and Competitive products. Below is a summary of some of the more noteworthy changes for both product classifications.
Market Dominant Price Changes
Product
Current Price
New Price
Letter (1oz)
$0.66
$0.68
Letter (metered 1oz)
$0.63
$0.64
Domestic Postcards
$0.51
$0.53
Large Envelope (1oz)
$1.35
$1.39
Additional cost per ounce (Letter & Large Envelope)
$0.24
$0.24 (unchanged)
International Postcards
$1.50
$1.55
International Letter (1oz)
$1.50
$1.55
Product
Letter (1oz)
Current Price
$0.66
New Price
$0.68
Letter (metered 1oz)
Current Price
$0.63
New Price
$0.64
Domestic Postcards
Current Price
$0.51
New Price
$0.53
Large Envelope (1oz)
Current Price
$1.35
New Price
$1.39
Additional cost per ounce (Letter & Large Envelope)
Current Price
$0.24
New Price
$0.24 (unchanged)
International Postcards
Current Price
$1.50
New Price
$1.55
International Letter (1oz)
Current Price
$1.50
New Price
$1.55
One of the more noteworthy changes for meter customers is that the USPS® will only be increasing metered postage by 1 cent, while increasing the cost of a Forever Stamp by 2 cents. This grows the meter savings to 4 cents when running First Class Letters through a postage machine!
Competitive Price Changes
- USPS Ground Advantage prices to increase 5.4%
- Priority Mail prices to increase 5.7%
- Priority Mail Express prices to increase 5.9%
Priority Mail Flat Rate
Product
Current Price
New Price
Flat Rate Envelope
$9.65
$9.85
Legal Flat Rate Envelope
$9.95
$10.15
Padded Flat Rate Envelope
$10.40
$10.60
Small Flat Rate Box
$10.20
$10.40
Medium Flat Rate Box
$17.10
$18.40
Large Flat Rate Box
$22.80
$24.75
Product
Flat Rate Envelope
Current Price
$9.65
New Price
$9.85
Legal Flat Rate Envelope
Current Price
$9.95
New Price
$10.15
Padded Flat Rate Envelope
Current Price
$10.40
New Price
$10.60
Small Flat Rate Box
Current Price
$10.20
New Price
$10.40
Medium Flat Rate Box
Current Price
$17.10
New Price
$18.40
Large Flat Rate Box
Current Price
$22.80
New Price
$24.75
Rate Change Cheat Sheet
To make keeping track of current rates easier, FP has created a Rate Change Cheat Sheet. This covers rate information for popular services that are commonly used by our customers. Click the following link to download the January 2024 Rate Change Cheat Sheet.
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Published at: 01/05/2024
Lucas Bingham is the Product and Business Development Specialist at FP Mailing Solutions. He has been with FP since 2017 and spends the bulk of his time working on FP’s digital solutions. When not at work Lucas enjoys being outside and spending time with his wife and two puppies, Clark and Nova.
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