The United States Postal Service announced its proposed new prices for 2020 on Wednesday. While the price of a first class stamp isn’t changing, the price of a flat-rate Priority Mail packages are going up across the board.
If approved by the Governers of the Postal Service, prices could rise by about 1.9% overall. The average Priority Mail Express price would increase by 3.5%, and Priority Mail would increase by 4.1%, according to the USPS. The Governors believe that increasing the new rates will help keep the Postal Service competitive and stay consistent with the ever changing market conditions.
Even with the new price change, there will be no increase in the cost of stamps. First-Class Mail Forever stamp will remain at 55 cents, the single-piece letter additional ounce price will stay at 15 cents, and postcards will remain at 35 cents, and 1 ounce flats at $1.
“The Postal Service has some of the lowest letter mail postage rates in the industrialized world and also continues to offer a great value in shipping,” The USPS said in a news release. “Unlike some other shippers, the Postal Service does not add surcharges for fuel, residential delivery, or regulator Saturday or holiday season delivery.”
Here are the current and proposed domestic Priority Mail Flat Rate retail price changes:
- Small flat-rate box: Up from $7.90 to $8.30
- Medium flat-rate box: Up from $14.35 to $15.05
- Large flat-rate box: Up from $19.95 to $21.10
- APO/FPO large flat-rate box: Up from $18.45 to $19.60
- Regular flat-rate envelope: Up from $7.35 to $7.75
- Legal flat-rate envelope: Up from $7.65 to $8.05
- Padded flat-rate envelope: Up from $8 to $8.40