Cost Of Mailing Letters And Packages To Increase
Wednesday, December 27th, 2023 -- 8:23 AM
While we welcome the new year, we'll also be welcoming an increase in the cost of mailing letters and packages.
Starting Jan. 21, the U.S. Postal Service will increase stamp prices from 66 cents to 68 cents for letters weighing one ounce or less. Package shipping costs are also slated to increase by nearly six percent, with Priority Mail Express costs going up by 5.9 percent, Priority Mail increasing 5.7 percent, and Ground Advantage going up 5.4 percent.
The price hikes, the fifth increase in two years, are part of the Postal Service's ten-year 'Delivering for America' plan to raise rates and recover from plunging profits – a projected $160 billion loss over the next ten years.
Feel free to contact us with questions and/or comments.