How Much Should a Diamond Engagement Ring Cost?

Love is priceless, but you surely find a price tag on engagement rings. If interested in buying a diamond engagement for her and him, you must be prepared to spend wisely because the gemstone can burn a hole in your pocket. The best part is, diamonds engagement ring styles are available for every budget these days. Let us navigate you through the process to decide the budget and find the most suitable engagement ring prices. 

What is the Average Cost of Diamond Engagement Rings near Me? 

In the US, the approx. cost of diamond rings falls between $4000 to $5000. Whereas an average American wishes to spend somewhere around $1000 to $3000 on engagement rings. As you see there is a difference between engagement ring prices and the average price of diamond rings. So to mitigate the difference and find diamond engagement rings for women and men you need the right buying guide, which goes in the next section of this blog.

How to Decide On a Budget for a Diamond Engagement Ring?

Don’t feel guilty. You are not putting a price tag on your love, but going into debt to find the ring of your dreams is also not a viable solution. A sound advice is to consider other factors like wedding expenses, house ownership or other debts and liabilities before deciding the budget.

To find suitable engagement ring prices, you can consider the factors of 4Cs. This simply means when you want to buy a bigger stone, you can opt for lesser clarity and slight color to keep the price range within budget. The same goes with smaller carat sizes, the smaller size will reduce the price, and if you wish, you can go for brilliant colorless precisely cut small carat diamonds to make the price more suitable.

What are the Options in Diamond Engagement Rings?

These days you can find engagement ring settings with individual styles. Forget about the classic cuts. Now you can find custom made cuts, clarity and carats that suit your preferences and budget. The custom made range falls between $1500 and $3000. The many affordable options include Asscher cut, emerald cut, marquise cut, European cut, accent diamonds, colored gemstones and more.

Conclusion

In simple words, diamond rings for women and men are expensive. To find the right piece for your engagement, you need to consider few factors like your budget, style preferences and other liabilities. Rather than going for a larger carat, pick a smaller carat diamond with remarkable brilliance and cut to ensure unmatched shine.