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On Thursday, December 22, 2022, the Postal Regulatory Commission approved the USPS postage rate increase proposal. This increase covers the USPS “Commercial” products, which includes Priority Mail Express, Priority Mail, First Class Package Services and other retail services. This pricing will take effect January 22, 2023.

Overall, the rates increase between 3.5% and 12%, for example:

ProductIncrease Percentage
Priority Mail Express6.6%
Priority Mail5.5%
Parcel Select5.1%
First Class Package Service7.8%
Retail Ground6.4%

In comparison, FedEx and UPS have announced their general rate increases:

ServiceIncrease Percentage
FedEx6.9%
UPS6.9%

For a comparison of some common rates, please see below:

For more information, the complete USPS price sheet can be found at:

January Price Change 2023 | Postal Explorer (usps.com)

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