The U.S. Postal Service (USPS) has announced a series of price hikes for stamps and certain shipping services, set to take effect on January 21, 2024.
The changes will see an increase in the cost of First-Class Mail Forever stamps from 66 to 68 cents, marking a 2-cent rise. Additionally, metered letters will see a 1-cent increase from 63 to 64 cents, and the price for First-Class Mail Postcards will also go up by 2 cents, moving from 51 to 53 cents.
In addition to domestic mail, the price for stamps for international letters and postcards is set to increase by 5 cents, going from $1.50 to $1.55. Significant increases are also expected in shipping services, with USPS Ground Advantage costs rising by an average of 5.4%.
Priority Mail service will see an average increase of 5.7%, and Priority Mail Express service rates will go up by an average of 5.9%. These price adjustments come as part of the Postal Service’s ongoing efforts to maintain financial stability amidst changing market conditions.
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