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Ground Advantage prices will go up 5.4%, Priority Mail will increase by 5.7%, and Priority Mail Express will be raised 5.9% starting Jan. 21, 2024. USPS said it is also seeking a price increase ...
The price increases are due to the change in mailing and shipping marketplace, according to the U.S. Postal Service. The increase will help cover the service's 10-year Delivering for America plan .
For 2024, they project an additional $6.3 billion in losses. The most recent hike marks the fifth price increase in the past two years. Even more increases are to come as this 10-year plan plays out.
A 2024 study by the USPS Inspector General found that the U.S. had a lower stamp price than 26 out of 30 comparable countries. Additionally, the overall increase in stamp prices from June 2018 to June 2023 (26%) was significantly lower than the average increase of 55% experienced by those same countries.
USPS gave a sneak peek at other stamps coming next year. (Scripps News)
The Domestic Mail Manual (DMM) is a document that lays out the policies and prices of the United States Postal Service (USPS). In legal parlance, it contains "the Mailing Standards of the United States Postal Service". [1] Changes to the DMM are announced in the Federal Register. [2]
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The USPS has raised postage rates twice in 2024, with a two-cent per stamp increase in January and a second boost in July, which raised the cost of a Forever stamp to 73 cents.
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