USPS Announces New Pricing for July 2024: What You Need to Know

The U.S. Postal Service has recently made headlines by filing a notice with the Postal Regulatory Commission detailing proposed price changes slated to take effect on July 14, 2024. These adjustments aim to update mailing services prices, including a noticeable 5-cent increase in the cost of a First-Class Mail Forever stamp, elevating it from 68 cents to 73 cents.

Postal Pricing

This move, approved by the governors of the Postal Service, is set to raise the prices of mailing services products by approximately 7.8 percent across the board. Here’s a breakdown of the proposed new rates for several key postal services:

• First-Class Letters (1 oz.): From 68 cents to 73 cents
• Metered 1 oz. Letters: From 64 cents to 69 cents
• Domestic Postcards: From 53 cents to 56 cents
• International Postcards: From $1.55 to $1.65
• International Letters (1 oz.): From $1.55 to $1.65
• Additional-ounce for single-piece letters: From 24 cents to 28 cents

Furthermore, the Postal Service is planning adjustments for Special Services such as Certified Mail and money order fees, although it’s noteworthy that there will be no price increase for Post Office Box rental fees. Additionally, a 10 percent price reduction will be applied to postal insurance when mailing an item.

These changes are part of the USPS's long-term strategy encapsulated in their "Delivering for America" 10-year plan, which aims to modernize the postal network and restore financial sustainability. The plan emphasizes the importance of adapting to ongoing shifts in the mailing and shipping marketplace, ensuring that USPS can continue to offer affordable, reliable, and secure services.

As one of the most cost-effective postal services worldwide, USPS is committed to maintaining its position as a cornerstone of American communication, delivering to 167 million addresses up to seven days a week. It’s important to note that the USPS operates without tax dollars for its operating expenses, relying entirely on the sale of postage, products, and services.

The Postal Regulatory Commission will review these proposed changes before they become effective. For those interested in the detailed postal pricing for all products, this information can be found on the commission’s website under the Daily Listings section or the USPS Postal Explorer website at pe.usps.com/PriceChange/Index.

Customers looking to purchase stamps or other postal products can do so at the Postal Store on usps.com/shopstamps, by phone, by mail through USA Philatelic, or at Post Office locations nationwide. Additionally, the USPS Officially Licensed Collection is available on Amazon for those interested in officially licensed stamp products.

As the USPS navigates these changes, it continues its mission to serve every American community with unwavering dedication and reliability. These postal pricing adjustments reflect a necessary step in strengthening the USPS for the future, ensuring that it remains an indispensable resource for millions of Americans.