Inflation has impacted prices of almost everything over the course of the last year, so it should be no surprise that the cost of USPS postage is increasing.
Overall 1st class postage rates will rise by approximately 4.2%…
In 2020 the Postal Regulatory Commission, in charge of reviewing pricing and service, approved a change in just how much the USPS could increase rates. No longer limited to the annual January hikes we’re used to, solely based on the rate of inflation, the organization can now bump prices to begin paying down debts and cover costs. Additionally, as of July 2022, the USPS is permitted to increase First Class Mail letter prices twice a year.
Here’s what you can expect to see in January:
- Letter-sized First-Class Single Piece letters and Postcards will increase to 63¢ and 48¢ apiece respectively
- First-Class postage will increase to $1.45 apiece for letter size foreign postage that’s 1 ounce or less
- Every Door Direct Mail Retail postage will increase from 18.7¢ apiece to 18.9¢
- Presort standard/marketing mail for letter-sized mail will increase 3.2%. In our experience, on a typical mailing, rates will increase from approximately 30¢ to 31¢ apiece. Many factors influence this rate, so it should only be used as a rough estimate.
- 1st class presort rates for letter-sized mail will increase 3.5%. In our experience, on a typical mailing, rates will increase from approximately 44¢ to 46¢ apiece. Many factors influence this rate, so it should only be used as a rough estimate.
These changes are right around the corner, so it’s best to help your customers plan ahead.
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