In The Media - HC3.io

July 2024 USPS Postage Rate Change

Written by John Travis | Jun 4, 2024 7:08:18 PM

The USPS will implement a postage price change effective July 14, 2024. The USPS has been raising postage costs every six months, with no signs of this trend ending soon.

The approved adjustments by the Postal Service governors will increase mailing service prices by approximately 7.8%. Highlighted below are some of the upcoming price changes

 

Product Current Price  Planned Price
Letters 1oz $0.68 $0.73
Letters (metered 1 oz.) $0.64 $0.69
5-Digit Automation Letters $0.507 $0.545

As the mailing industry evolves, the USPS asserts that these rate increases are essential for achieving financial stability under their Delivering for America 10-year Plan. These changes have been reviewed and approved by the Postal Regulatory Commission and will take effect on Sunday, July 14th, 2024.

For more information about the rate increase, you can visit the USPS website. Additionally, a Price Change Index listing all the new rates are available on the postal service's website.