USPS Rate Change Effective July 14th, 2024
The USPS filed notice with the Postal Regulatory Commission for price changes that will be taking effect on July 14th, 2024. These adjustments will raise mailing product prices approximately 7.8%, including a 5-cent increase to the price of First-Class Mail Forever stamps.
Detailed below are some key Services & Extra Services that will experience an increase on July 14th:
Market Dominant Products
Product
Current Price
July 14, 2024 Price
Letter (1oz)
$0.68
$0.73
Letter (metered 1oz)
$0.64
$0.69
Domestic Postcards
$0.53
$0.56
Additional cost per ounce (Letters)
$0.24
$0.28
International Postcards
$1.55
$1.65
International Letter (1oz)
$1.55
$1.65
Product
Letter (1oz)
Current Price
$0.68
July 14, 2024 Price
$0.73
Letter (metered 1oz)
Current Price
$0.64
July 14, 2024 Price
$0.69
Domestic Postcards
Current Price
$0.53
July 14, 2024 Price
$0.56
Additional cost per ounce (Letters)
Current Price
$0.24
July 14, 2024 Price
$0.28
International Postcards
Current Price
$1.55
July 14, 2024 Price
$1.65
International Letter (1oz)
Current Price
$1.55
July 14, 2024 Price
$1.65
*Note: Cost per additional ounce on First-Class Large Envelopes will range between 27 cents – 30 cents depending on the weight of the envelope.
Certified Mail
Product
Current Price
July 14, 2024 Price
Certified Mail
$4.40
$4.85
Return Receipt Retail (Green Card)
$3.65
$4.10
Return Receipt Electronic
$2.32
$2.62
Product
Certified Mail
Current Price
$4.40
July 14, 2024 Price
$4.85
Return Receipt Retail (Green Card)
Current Price
$3.65
July 14, 2024 Price
$4.10
Return Receipt Electronic
Current Price
$2.32
July 14, 2024 Price
$2.62
Competitive Shipping Products
At this time there are no price increases being proposed on USPS Ground Advantage, Priority Mail, and Priority Mail Express.
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 July 14, 2024, Rate Change Cheat Sheet.
As Changes in the mailing industry continue, The USPS believes that these increases are necessary to achieve financial stability as part of their Delivering for America 10-year Plan.
For a full list of the proposed changes please visit the USPS website here https://pe.usps.com/pricechange/index.
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Published at: 06/24/2024
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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