Engagement Ring Pricing Guide: Most Common Price Ranges To Consider

Posted by elain martell on January 10th, 2021

Do you know your preferred material and also have set your ring design? If so, then its time to set your budget for your dream ring. In this engagement ring guide, we explain to you how much it costs and what to expect in your price range.

• ,000 - ,000: 

Diamond engagement rings under this price range are custom-sized as per the client’s preference for the size of the center stone or the rarity of the precious metal. You can get precious gemstones and even rough diamonds under 1.0 carat.

• ,000 - ,000: 

This is the most common pricing range when it comes to setting the budget for their engagement ring. In this price range, you get a 1.0-carat polished diamond as the centre stone. These days people prefer lab-created diamond or moissanite as the centre stone as it appears larger. Moissanite and lab-created diamonds look the same as the real diamond. You can get more details on diamonds vs moissanite by visiting this website URL now.

• ,000 - ,000: 

In this price range, the carat size of the diamond as the centre stone is 1.0 carat, the engagement rings are crafted in much-complicated design. For example, in this price range, you can get a pear-shaped and larger accented diamond ring. Platinum is the most preferred precious metal in this budget.

• ,000 - ,000: 

In this tier, you can get 2.0-carat diamond rings but, with a minimalistic setting and simple bands. You can also get a five-carat coloured gemstone, for example, sapphire and fine ruby with diamond accents stone at this price range.

• ,000 - ,000: 

You will get both 2.0 carat and at times 3.0 carat diamond in this tier. But the diamond rings in this price range are crafted with elaborate design and intricate detailing.

• ,000 - 0,000+: 

Diamond engagement rings of 4.0 carat falls in this price range. And above 0,000 the design of the ring comes with endless possibilities.

Above are the most common price range for diamond engagement rings. But, there are additional costs such as meeting and consultation cost to count in your budget.