In The Media - HC3.io

Jan 2023 Postal Rate Increase

Written by Abby Heinke | Jan 5, 2023 4:07:49 PM
In October 2022, the U.S. Postal Service announced a price increase to offset the rise in inflation. It was approved December 22, 2022 after first passing through its various committees including the USPS board of governors. The new rates take effect January 22, 2023. 

You can continue to use your stockpile of “forever” stamps long past the Jan 22nd deadline. Don’t worry about supplementing them with additional stamps to make up the difference. They don’t expire with each rate increase.  It’s always a good idea to purchase a few extra forever stamps before Jan 22nd. If you buy new ones after the 22nd, however, they’ll cost 3¢ more. 

According to the USPS, almost everything else is changing though. Overall, “the proposed increases will raise First-Class Mail prices approximately 4.2 percent.”

The chart below shows some benchmark prices. 

Current Rate Jan. 22, 2023
Stamped Mail (1 oz.) $0.600 $0.630
Metered Mail (1 oz.) $0.570 $0.600
5-Digit Automation Postcard $0.330 $0.352
5-Digit Automation Letter (1-3.5 oz.) $0.455 $0.471
5-Digit Automation Flat (1 oz.) $0.555 $0.689

For those of you who like to dig a little deeper, you can compare the current rates with the proposed rates. It’s important to note, however, that if you’re using the current rates link after the effective date, the prices will be replaced with the new rates. 

If you’re a current HC3 client, feel free to reach out to your account rep with any additional questions. If you’re not part of the HC3 family, we’re still happy to help you navigate this rate increase. We’re fluent in postal lingo.