In 2023, the United States Postal Service (USPS) saw a total mail volume of 116.1 billion. While impressive, it was a dip in volume compared to the year prior which boasted 127.3 billion. Surprisingly, the decrease in volume only translated to a revenue decrease of 0.4% year over year. This margin is credited to the increase in package revenue as mail revenue declined.
What are the changes for the USPS in 2024? Is postage going up in 2024? Did USPS raise shipping rates? Below you will find the answer to these and many other frequently asked questions regarding the USPS January 2024 rate change.
Is there a January price increase for USPS? When do the USPS rates increase?
Yes. The U.S. Postal Service will increase postal rates on January 21st, 2024 at 12:01 AM. The rate increase was approved by the Postal Regulatory Commission (PRC) in November 2023.
When did the Post Office last raise rates?
The last USPS rate increase, aside from seasonal increases, went into effect on July 9, 2023.
What are the pricing changes in the USPS January 2024?
The Certified Mail fee will see a $0.05 increase from $4.35 to $4.40. Certified Mail with Return Receipt Green Card (Old Fashioned Green Card) will also see a $0.10 jump from $3.55 to $3.65. Certified Mail with Return Receipt Electronic Signature (PDF) (replaces Green Card) will increase $0.12 from $2.20 to $2.32.
Restricted Delivery Service will increase to $7.25, a $0.15 increase from $7.10.
The rate for 1oz Flats (9″ X 12″ or 10' X 13') will go up $0.04 to $1.39. Click here to see a full price breakdown of Flats rate prices over 1 OZ. and Letter Rates over 3.5 OZ.
To view a USPS rate change cheat sheet and see the full list of USPS rate increases, click here.
Is the postage rate going to change in January 2024?
The USPS postage meter will see changes in January 2024. The First Class Postage (1 OZ) (Metered Rate) will be increasing by $0.01, raising it from $0.63 to $0.64.
Do Forever Stamps expire? What are USPS permanent stamps?
Forever Stamps are always accepted. Regardless of when they were purchased, Forever Stamps are valued at the current First-Class Mail® one-ounce postage price. The January 2024 USPS rate change will increase the price of a Forever Stamp to $0.68.
Forever Stamps do not expire. Learn more about Forever Stamps.
What stamps will be released in 2024 USPS?
In October 2023, USPS announced a partial list of 15 stamps that will be issued in 2024. To view the new stamps, click here.
How can I save on mailings?
Save on USPS Certified Mail®, Priority Mail, and Express Mail with USPS Postage with Certified Mail Labels. Easily address and print labels online from the comfort of your home or office. Skip the trip to the Post Office and save time and $2.75 on every old-fashioned green card (Form 3800) you send with Certified Mail Labels.
Learn more about Certified Mail Labels. Account creation is fast and free. Begin by creating an account, now!
Additional Resources
USPS Rates Rising in January 2024
USPS Certified Mail Rates 2024 Certified Mail Labels Costs
