U.S. Postal Service Proposes New Prices for 2024

The price of a Forever stamp will rise to 68 cents under the Postal Service’s proposed changes.

October 6, 2023
USPS has notified the Postal Regulatory Commission of mailing services price changes to take effect Jan. 21, 2024.

The proposed adjustments, approved by the governors of the Postal Service, would raise mailing services product prices approximately 2 percent.

The proposed changes include:

‚Äʬ†Letters (1 ounce):¬†66 cents (current), 68 cents (planned)

‚Äʬ†Letters (metered 1 ounce): 63 cents (current), 64 cents (planned)

‚Äʬ†Domestic postcards:¬†51 cents (current), 53 cents (planned)

‚Äʬ†International postcards:¬†$1.50 (current), $1.55 (planned)

‚Äʬ†International letters (1 ounce):¬†$1.50 (current), $1.55 (planned)

The additional-ounce price remains unchanged at 24 cents.

The Postal Service is also seeking price adjustments for Special Services products, including Certified Mail, PO Box rental fees, money order fees and the cost to purchase insurance when mailing an item.

Because operating expenses fueled by inflation continue to rise and the effects of a previously defective pricing model are still being felt, the price adjustments are needed to provide the Postal Service with much-needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan.

Even with the changes, the Postal Service’s prices remain among the most affordable in the world.

The complete USPS price filing can be found on the commission’s website. Price tables are also available on the Postal Explorer website.

The Postal Service’s Oct. 6 news release has additional information.

USPS News Release – October 6, 2023

Source: USPS

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