How Much To Spend On An Engagement Ring in 2023?

Illustration of a long shadow banknote icon with an engagement ring

In 2023, you don’t need to spend 3 months’ salary for a beautiful Engagement Ring. You need less than 2 months’ rent.

Me, just now

With skyrocketing home prices and cost of living, we’ve seen many young couples opt for a Lab-Grown Diamond Ring or a budget-optimized Natural Diamond Ring in the $2,000 – $5,000 range, allowing them to stay on track with their financial goals. Buying your first home, putting your money to work for you, and preparing for all the wonders (and expenses ????) of married life should be top-of-mind when shopping for a Ring. Stay within budget- whether that’s $2,000, $5,000, $10,000 or more. We’ll help you optimize your budget on a Ring she’ll love for a lifetime ❤️

Here are a couple Engagement Rings that punch way above their price tag ????????…

Something like this will run you ~$2,000. That’s our “Classic Accented” setting in 14kt White Gold with 0.25 carats of Diamonds on the band.

Something like this would be ~$3,500. This beautiful Oval Diamond’s set on our Hidden Halo Classic Solitaire in 14kt Yellow Gold.

This classic style would be ~$1,750. That perfectly-cut Princess Diamond is set on our Four Prong Solitaire in 14kt White Gold.

This beauty would be around $1,500. Emerald-Cuts offer exceptional bang-for-your-buck. Read more about the different Diamond shapes here.

Something like this would be ~$1,750. This gentleman wanted a stunning Emerald that wouldn’t break the bank. I think he did a pretty good job ????

And $2,000 – $3,000 for this, mainly dependent on Color Grade and whether GIA or IGI Graded. Classic never goes out of style ????

And there you have it, no need to derail your finances for a beautiful Engagement Ring! If you’re just hearing about Lab-Grown Diamonds and want to learn more, start with this post. Thanks for reading ???? If you have any questions you can reach me below!

Javi Perez, President

Javi Perez,
President

I’m here to help you create the PERFECT Engagement Ring for thousands off retail price. Keep saving for a lifetime with your soulmate while creating a Ring she’ll adore forever.

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