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What Does the Average
Engagement Ring Cost?

An engagement ring is a large investment when proclaiming your love and asking your love to spend the rest of her life with you. You have a lot to take into consideration when selecting the perfect sparkling engagement ring. One of the most important considerations is the cost of your symbol of devotion and commitment to her.

Before you head out for the jewelry store or go online to shop, sit down and take a good look at your budget and determine what you realistically can afford. You can use that figure as one more tool in your quest for the perfect engagement ring to make your gesture and request spot-on romantic perfection.

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Learn More About Diamonds

Once you have your budget firmly set, decide on a few fundamental criteria for the ideal sparking engagement to help you stay on point in your budget, which may include the following.

  • Make it Timeless. Find something that will stand the test of time.
  • Style Matters. Pay attention to your girlfriend's daily jewelry for clues to help in your search.
  • The Shape of Rings. The shape of the diamond may vary. The more ornate the shape, the higher the cost of an engagement ring.
  • Take Your Time. Since this is a life-altering purchase, you should give yourself six weeks to three months, or longer, to find the perfect engagement ring.

If your shimmering engagement ring - and symbol of your abiding love for one another - is intended to eventually become a cherished heirloom for your children and grandchildren, it is worth it to do your homework. Choose early regarding whether you want to find the right engagement ring for a price that you can afford now, or if it is something that you can afford to consider a long-term investment and you won't mind paying for over time.

The Fundamental Criteria of the Cost of the Average Engagement Ring

You might have heard of the "Four Cs" involved with shopping for a brilliant and sparkling engagement ring. These "Cs" are a large part of determining the cost of an engagement ring.

  • Color
  • Cut
  • Clarity
  • Carat Size

As a diamond's clarity and size increase, while the color decreases, the price of the engagement increases. An additional factor in cost is whether or not a diamond is ASG/GIA certified.

Just What Does the Average Engagement Ring Cost These Days?

A survey performed by "The Knot," as of September 2011, reports that the average cost of engagement rings for couples is $5,200. These results were culled from the data provided by 10,000 United States brides and 1,000 United States grooms for the year 2011.

One More Consideration

While you want to give her the moon, sun and a whole constellation of stars to place on her finger so the two of you can fondly reminisce over the moment you both made the choice to share your lives with love and commitment, you also want to think about your budget and how that may affect your daily lives.

Ritani's price filter lets you customize a minimum and maximum amount, so you'll only see rings that fit within your desired range. Browse our online selection today to find your perfect match.