HOW MUCH SHOULD I SPEND

The estimated average carat weight for an engagement ring in the US is 1 carat. It is, on average, the largest of any country in the world. The average price of a 1 carat diamond is approximately $6000 and can easily run as high as $12000.

The amount you should spend on an engagement ring will vary depending on a number of factors, including your personal financial situation, your partner's expectations, and cultural norms in your community.

There is no hard and fast rule about how much you should spend on an engagement ring, but some people use the "two months' salary" rule as a rough guideline. This suggests that you should spend about two months' worth of your salary on the ring.

However, it's important to remember that this is just a guideline and not a hard and fast rule. Ultimately, the amount you should spend on an engagement ring is a personal decision that should take into account your financial situation and your partner's expectations.

It can be important to have an open and honest conversation with your partner about your expectations and to make sure that you're both on the same page when it comes to the cost of the ring. You may find that your partner is more interested in the sentimental value of the ring than its price tag and that you can choose a ring that fits within your budget while still being meaningful and special.

Diamond Shape and Size Tool

Select your desired Shape and Size.

*Some links on our site may earn us a small commission at NO EXTRA cost to you, helping us keep our content free*