The USPS have announced new prices that will take effect from January 22, 2023. These new rates mean US senders will see First-Class Mail prices increase approximately 4.2 percent to offset the rise in inflation.
The prices need to be favoured by the commission but have already been approved by the Governors of the U.S. Postal Service.
The new prices include a three-cent increase in the price of a First-Class Mail Forever stamp from 60 cents to 63 cents. The price for 1-ounce metered mail will increase to 60 cents, and the price to send a domestic postcard will increase to 48 cents. A 1-ounce letter mailed to another country would increase to $1.45. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item.
he proposed Mailing Services price changes include:
Letters (1 oz.) will increase from 60 cents to 63 cents.
Letters (metered 1 oz.) will increase from 57 cents to 60 cents.
Domestic Postcards will increase from 44 cents to 48 cents.
International Postcards will increase from $1.40 to $1.45.
International Letters (1 oz.) ill increase from $1.40 to $1.45.
As operating expenses continue to rise, these price adjustments provide the Postal Service with much needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan. The prices of the U.S. Postal Service remain among the most affordable in the world.– USPS