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US Postal Service to Raise Rates Effective January 21, 2024

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the staff of the Ridgewood blog

Ridgewood NJ, new postal prices scheduled to take effect Jan. 21, 2024. US Postal Service prices remain among the most affordable in the world. First-Class Forever stamp will be 68 cents.

The proposed adjustments, approved by the governors of the Postal Service, would raise mailing services product prices approximately 2 percent. If favorably reviewed by the commission, the price changes would include:

U.S. Postal Service Proposes New Prices for 2024
Product Current Prices Planned Prices
Letters (1 ounce) 66 cents 68 cents
Letters (metered 1 ounce) 63 cents 64 cents
Domestic Postcards 51 cents 53 cents
International Postcards $1.50 $1.55
International Letter (1 ounce) $1.50 $1.55

There will be no change to the additional-ounce price, which remains at 24 cents. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item.

As inflationary pressures on operating expenses continue and the effects of a previously defective pricing model are still being felt, these price adjustments are needed to provide the Postal Service with much needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan. The prices of the Postal Service remain among the most affordable in the world.

2 thoughts on “US Postal Service to Raise Rates Effective January 21, 2024

  1. I pay all my bills online
    too many times the USPS lost my checks or they arrived late
    they are putting themselves out of business
    ALSO…. since Brandon is forcing electric vehicles on the taxpayer… how come the USPS doesn’t have electric vehicles.

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  2. There is no need for 6X per week mail delivery, and it has not been necessary for decades. It’s long past time to scale this back to 2X per week, and close many post offices, thus substantially cutting costs for the USPS. However, our esteemed members of Congress will never do it until and when the present-day seniors die off, being afraid they would lose the ‘silver vote’. It’s almost all junk anyway.

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