January 2024 USPS Rate Increase
October 12, 2023
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November 29, 2023 Update: These proposed prices are now approved.
The U.S. Postal Service has announced new prices for 2024. If approved, the new postage rates are scheduled to go into effect on January 21, 2024, resulting in a roughly 2% increase in mailing services product prices.
The proposed Mailing Services price changes include:
|Product||Current Prices||Planned Price||Increase|
|Letters - 1 oz.||$0.66||$0.68||$0.02|
|Letters - metered 1 oz.||$0.63||$0.64||$0.01|
|International Letter (1 oz.)||$1.50||$1.55||$0.05|
The Postal Service is also requesting price modifications for Special Services items, such as Certified Mail, Post Office Box rental fees, money order charges, and the expenses associated with purchasing insurance for mailed items.
Please note that these changes are still pending approval. We will continue to monitor all developments and provide you with the latest news. Stay updated on the latest mailing, shipping, and postage rate news by subscribing to our newsletter mailing list.
For more details, you can find the complete USPS price filings with the new proposed prices for all products here.
Resources for Mailers:
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