New rates effective July 9, 2023
In an unprecedented move, the USPS is planning to increase postage rates for a second time in 2023. Postage rates were already increased in January 2023 by 4.2%, and this July 9 increase represents an additional 5.4% increase.
What’s Changing?
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 July:
- Letter-sized First-Class Single Piece letters and Postcards will increase to 66¢ and 51¢ apiece respectively.
- Flat-sized First-Class postage will increase to $1.35 apiece.
- First-Class postage will increase to $1.50 apiece for letter size foreign postage that’s 1 ounce or less.
- Every Door Direct Mail Retail postage will increase from 18.9¢ apiece to 19.8¢
- 1st class presort rates for letter-sized mail will increase 4.2 %. In our experience, on a typical mailing, rates will increase from approximately 53¢ to 55¢ apiece. Many factors influence this rate, so it should only be used as a rough estimate.
- Presort standard/marketing mail for letter-sized mail will increase as well. In our experience, on a typical mailing, postage will hover around 35¢ apiece. Many factors influence this rate, so it should only be used as a rough estimate.
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