Complete Story
05/24/2022
July 2022 Postage Price Increases
Sources: Mailers Hub, April 11, 2022 & United States Postal Service, April 6, 2022.
The United States Postal Service® filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect July 10, 2022. The new prices, if favorably reviewed, include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents.
The proposed prices, approved by the Governors of the U.S. Postal Service, would raise First-Class Mail® prices approximately 6.5 percent, which is lower than the Bureau Labor Statistics annual inflation rate of 7.9 percent as of the end of February. The price changes reflect a judicious implementation of the Postal Service’s pricing authority provided by the PRC.
|
Product |
Current Prices |
Planned Prices |
|
Letters (1 oz.) |
58 cents |
60 cents |
|
Letters (metered 1 oz.) |
53 cents |
57 cents |
|
Letters additional ounce (s) |
20 cents |
24 cents |
|
Domestic Postcards |
40 cents |
44 cents |
|
International Letter (1 oz.) |
$1.30 |
$1.40 |
Separate from the filing, the Postal Service is also planning to update the way the distance between origin and destination ZIP Codes™ is calculated to determine zone assignment. Rather than using the distance between origin and destination plants, the Postal Service will use the distance between 3-digit ZIP Codes to determine zone on July 10, 2022.
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 inflation and increased operating expenses continue, these price adjustments will help with the implementation of the Delivering for America plan, including a $40 billion investment in core Postal Service infrastructure over the next ten years. With the new prices, the Postal Service will continue to provide the lowest letter-mail postage rates in the industrialized world and offer a great value in shipping.
The price change tables are also available on the Postal Service’s Postal Explorer website at https://pe.usps.com/PriceChange/Index.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products, and services to fund its operations.
