It’s that time of the year again! The United States Postal Service recently announced its proposed rate increases for 2020, and shippers are starting to plan accordingly. If the Postal Regulatory Commission approves these proposed rates, they will take effect on January 26, 2020. Here are the proposed USPS 2020 rate increases at the retail pricing level, laid out below.
- Letters, 1 oz – 55 cents (no change)
- Letters additional ounces – 15 cents (no change)
- Metered 1 oz letters – 50 cents (no change)
- Flats, 1 oz – $1 (no change)
- Outbound International letters, 1 oz – $1.20 (up 5 cents)
- Domestic Postcards – 35 cents (no change)
Shipping Services – Priority Mail Flat Rate
- Small Flat Rate Box – $8.30 (up 40 cents)
- Medium Flat Rate Box – $15.05 (up 70 cents)
- Large Flat Rate Box – $21.10 (up $1.15)
- APO/FPO Large Flat Rate Box – $19.60 (up $1.15)
- Regular Flat Rate Envelope – $7.75 (up 40 cents)
- Legal Flat Rate Envelope – $8.05 (up 40 cents)
- Padded Flat Rate Envelope – $8.40 (up 40 cents)
What About the Rate Increase For All the Other USPS Services?
If you’re noticing an absence of other popular USPS services, you’ve got a good eye! Those services aren’t listed here because their prices aren’t priced at flat rates. Note that other variably-priced services such as First Class Package Service, weight-based Priority Mail, and Priority Mail Express are expected to increase by between 3.5% and 4.1% on average.
For a full list of the proposed prices for every other shipping service not listed here, download this Excel file.
Why Does USPS Increase Rates Every Year?
The 2020 USPS rate increases shouldn’t come as a surprise. In fact, USPS raises its rates for letters and parcels each year. The yearly rate increases are based on two factors. First, the organization bases mailing prices increases on the Consumer Price Index. USPS adjusts prices for shipping services based on market conditions. However, USPS isn’t the only carrier to do so. Every shipping carrier raises its rates on a yearly basis, including competitors such as UPS and FedEx.