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USPS Price Increase

By Last updated on: June 13, 2024

USPS has some of the lowest postage rates and offers excellent value in shipping. Like FedEx and UPS, the USPS price increase can be expected yearly. Here at Refund Retriever, we audit FedEx and UPS shipments for late deliveries and other billing mistakes. As a result, the majority of our clients also use some USPS package services.

USPS 2024 Postage Rate Increase Recommendations

Current PricesPlanned Prices
Letters (1 oz.)68 cents73 cents
Letters (metered 1 oz.)64 cents69 cents
Domestic Postcards53 cents56 cents
International Postcards$1.55$1.65
International Letter (1 oz.)$1.55$1.65

USPS 2023 Postage Rate Increase – Part 2

Effective July 9, 2023, USPS will increase the price of a First-Class Mail Forever stamp from 63 cents to 66 cents. The price to send a domestic postcard will increase to 51 cents. A 1-ounce letter mailed to another country will increase to $1.50. There will be no modification to the single-piece letter and flat additional-ounce price, which stays at 24 cents.

USPS 2023 Postage Rate Increase – Part 1

Effective January 22, 2023, USPS will increase the price of a First-Class Mail Forever stamp from 60 cents to 63 cents. The cost for 1-ounce metered mail will rise to 60 cents, and the price to send a domestic postcard will increase to 48 cents. 

USPS 2020 Postage Rate Increase

Effective January 26, 2020, new USPS postal rates will go into effect. Priority express retail rates will increase by 3.8%, but commercial base rates will only increase on average by 2.2%. Priority retail rates will increase by 4.1% on average. Conversely, priority mail commercial base rates will only rise by 2.8% in 2020. In particular, the more significant price increases will affect packages weighing 10 lbs. or greater.

As a result, most of our customers also need to understand the USPS price increases. Unlike FedEx and UPS, the Postal Service does not add surcharges for fuel, residential delivery, Saturday delivery fees, or peak-season delivery.

Domestic Mail Increase

Priority Mail Increases201820192020
Small Flat Rate Box (Priority)$7.20$7.90$8.30
Medium Flat Rate Box (Priority)$13.65$14.35$15.05
Large Flat Rate Box (Priority)$18.90$19.95$21.10
Flat Rate Envelope (Priority)$6.70$7.35$7.75
Padded Flat Rate Envelope (Priority)$7.25$8.00$8.40
Flat Rate Envelope (Express)$21.98$22.68$22.75
Legal Flat Rate Envelope (Express)$22.09$22.80$22.95
Padded Flat Rate Envelope (Express)$22.46$23.18$23.25

2019 USPS Rate Changes

  • Parcel Select Ground – average rate decrease of 1.3%
    • 193 Dimensional Weight (DIM) divisor for Parcel Select Ground packages over one cubic foot
  • First-Class Package Service – an average rate increase of 11.9%
    • Zone-based pricing for First-Class Package Service
  • USPS Priority Mail – an average rate price increase of 5.9%
    • Effective June 23, 2019 –
      • The Dimensional Weight (DIM) divisor for Priority Mail packages over one cubic foot (1728 cubic inches) is being adjusted from 194 to 166
      • Priority Mail parcels in all shipping zones will now receive DIM pricing for packages over one cubic foot. 
  • Priority Mail Express – overall rate increase of 3.9%
    • DIM Divisor for Priority Mail Express packages over one cubic foot (1728 cubic inches) from 194 to 166
  • USPS Media Mail – rates price increase of 2.9%

First Class Mail Prices

USPS Price Increase
First Class Mail Increases 2018 2019 2020
Letters (1 oz.) 50 cents55 cents55 cents
Letters additional ounces 21 cents15 cents15 cents
Metered Letters (1 oz.) 47 cents 50 cents50 cents
Domestic Postcards   35 cents 35 cents35 cents

2019: 5-cent increase in the price of a forever stamp, from 50 cents to 55 cents. Forever stamps were created in 2007.

2019 increase is the largest USPS price increase in the 1-oz stamp by percentage since 1991.

International Mail Price Increase

  • Outbound International Letter (1oz) – increase to $1.50 in 2023
  • Outbound International Letter (1oz) – increase from $1.15 to $1.20 in 2020
  • Priority Mail Express International – an average rate increase of 3.9% in 2019.
  • Priority Mail International – an average rate increase of 6.2% in 2019
  • First-Class Package International Service – an average rate increase of 3.9% in 2019.

The US Postal Service receives no tax dollars for ordinary operating expenses. It relies on selling postage, products, and services to fund its operations and growth. The Postal Service lost $3.9 billion in 2018, the 12th consecutive year it reported a loss despite an increase in package shipping.

Brian Gibbs

Author Brian Gibbs

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Brian Gibbs | President of Refund Retriever

Brian Gibbs founded Refund Retriever in 2006 while running his first eBay-based business and seeing the shortcomings of other shipment auditing companies. Refund Retriever's primary focus is FedEx and UPS parcel invoice auditing. After graduating from Texas A&M University in 2001, he graduated from the University of Houston in 2004 with a JD and MBA. Gibbs has been featured in Forbes, Entrepreneur, and other publications discussing parcel auditing, shipping, e-commerce, and more. Learn more at www.refundretriever.com or call (800) 441-8085 for more information.

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