The Postal Regulatory Commission (PRC) approved the pricing increase requested by the United States Postal Service (USPS) in Oct. 2023. This pricing increase will take effect on Jan. 21, 2024.
This postal pricing increase will affect prices on all national and international commercial and retail domestic competitive parcels, including Priority Mail Express (PME), Priority Mail (PM), First-Class Package Service (FCPS), Parcel Select and USPS Retail Ground. The price for the First-Class Forever stamp will see a two-cent increase, from 66 to 68 cents.
| Product | Current Prices | New Prices |
| Letters (1 ounce) | 66 cents | 68 cents |
| Letters (metered 1 ounce) | 63 cents | 64 cents |
| Domestic Postcards | 51 cents | 53 cents |
| International Postcards | $1.50 | $1.55 |
| International Letter (1 ounce) | $1.50 | $1.55 |
This pricing increase, in combination with the more frequent increases we鈥檝e seen in recent history, falls in line with the Postal Service鈥檚 10-year plan,鈥�. The purpose of this plan is to help USPS remain efficient and financially sound while working to compete with companies like UPS, FedEx and DHL. Despite several rate increases since the plan鈥檚 inception, USPS still boasts some of the lowest postage rates in the world.
This table shows the average increase by mail class.
| Class | Percent Change |
| First Class Mail | 1.969 |
| USPS Marketing Mail | 1.961 |
| Periodicals | 1.959 |
| Package Services | 1.960 |
| Special Services | 2.168 |
This table shows Standard/Marketing for letters and flats.
| Product | Percent Change |
| Letters | 1.333 |
| Flats | 3.966 |
This table shows the Periodical Pricing changes.
| Product | Percent Change |
| Outside County | 1.594 |
| Within County | 7.320 |
| Overall | 1.959 |
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