USPS rate changes are coming July 10th with impacts to market dominant products, competitive products and international special services.
The new First-Class Mail prices can be summarized as follows:
July 2022 First-Class Mail Prices
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.
The proposed price and classification changes, approved by the Postal Service Governors, extend cubic rates to Priority Mail Commercial Base and introduce cubic rates for Parcel Select Ground® packages up to 1 cubic foot. If favorably reviewed by the PRC, those new prices can be summarized as follows:
While it wasn't specifically called out in the official USPS press release quoted above, the 221 page Notice of Price Change document also shows an almost 9% increase in Media Mail rates.
One bit of good news is Priority Mail Outboard Insurance will now include coverage up to $100 free of charge (previously $50).
USPS is also updating 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.
eBay put out a reminder to sellers about the upcoming USPS increase and importantly noted there will also be an increase for eBay Standard Envelope Service.
USPS rate increases go into effect July 10, 2022, and for your convenience, we’re providing a summary of some of the most relevant changes below. For full details, please visit USPS.
While First Class Mail rates are increasing, this does not impact rates for First Class Package and most eBay shipments will not see an increase in cost.
We continuously work closely with our carrier partners to provide you with the best shipping rates on eBay Labels. While USPS has posted average increases, please remember the actual change in the rate depends on the weight and zone.
USPS Postage Rates
Media Mail rates will increase by an average of 9%
First Class Mail (1 oz.) letter rates will increase two cents to $0.60 from $0.58
First Class Mail International (1 oz.) letter rates will increase ten cents to $1.20 from $1.30
USPS Special Services
Priority Mail will now include $100 of insurance free of charge (previously $50 of insurance was provided for free)
Rate increases for Domestic and International outbound insurance
Signature confirmation will increase $0.20
eBay Delivery Services
eBay standard envelope new rate structure:
- 1 oz: $0.57
- 2 oz: $0.81
- 3 oz: $1.05
Hopefully eBay can avoid the problems they had with overcharging for Standard Envelope when prices increased last August.