WASHINGTON, DC – The U.S. Postal Service announced its plans to raise prices on mail goods in late January.
The new prices for stamps are set to go up by around 2% due to factors like inflation, USPS officials said in a release.
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This is set to be the fifth round of price increases over the past few years. The changes come as part of USPS’s 10-year program dubbed “Delivering for America,” which seeks to recover from losses caused by its “previously defective pricing model.”
Stamp prices for letters weighing 1 ounce or less will increase to 68 cents beginning on Jan. 21, 2024.
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The next round of price changes are scheduled to include the following:
| Product | Current Price | Planned Price |
|---|---|---|
| Letters (1 Oz.) | 66 Cents | 68 Cents |
| Letters (Metered 1 Oz.) | 63 Cents | 64 Cents |
| Domestic Postcards | 51 Cents | 53 Cents |
| International Postcards | $1.50 | $1.55 |
| International Letter (1 Oz.) | $1.50 | $1.55 |
Despite these changes, USPS explained that there will be no change to the additional-ounce price, which remains at 24 cents.
Beyond that, USPS’s shipping services are also expected to go up, according to the agency’s website.
Those price increases are as follows:
| Shipping Service | Price Increase |
|---|---|
| USPS Ground Advantage | 5.4% |
| Priority Mail | 5.7% |
| Priority Mail Express | 5.9% |
The pricing for USPS Connect Local will remain unchanged, the website reads.
To calculate how much your package will cost to ship, visit USPS’s website here.
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