The Postal Service adjusted mailing and shipping prices on July 13.
The changes raised mailing service product prices approximately 7.4 percent. These price adjustments include:
• Letters (1 ounce): 73 cents (old), 78 cents (new)
• Letters (metered 1 ounce): 69 cents (old), 74 cents (new)
• Domestic postcards: 56 cents (old), 61 cents (new)
• International postcards: $1.65 (old), $1.70 (new)
• International letter (1 ounce): $1.65 (old), $1.70 (new)
Also, the additional-ounce price for single-piece letters increased from 28 cents to 29 cents, while the price of postal insurance when mailing an item decreased by 12 percent.
The July 13 changes raised domestic shipping service prices approximately 6.3 percent for Priority Mail service, 7.1 percent for USPS Ground Advantage and 7.6 percent for Parcel Select. Prices for Priority Mail Express service will not change.
Although mailing service price increases are based on the consumer price index, shipping service prices are primarily adjusted according to market conditions. The new rates will aim to keep the Postal Service competitive while providing the organization with needed revenue.
