Most jewelers agree that the “three month’s salary” rule for an engagement ring no longer applies. This guideline would indicate that if you make $100,000 a year — barely enough to afford ...
The average cost of an engagement ring is around $5,500, although it varies a lot by region and the couples’ financial circumstances. As with most large, important purchases, it’s worth ...
Noting that there’s no longer a general or recommended guideline for the price of an engagement ring, Daga explained, “The average engagement ring spend in the U.S., historically, for the past ...
While most couples have moved on from the idea that an engagement ring should cost three months' salary, it's still a fairly significant purchase. In 2023, the average amount spent on a ring was $ ...
You shouldn't spend more than you can afford. In 2023, couples spent an average of $5,500 on engagement rings, according to recent data. If you're ready to pop the question to your partner ...
“And, frankly, with the advent of lab-created diamonds, it’s not needed.” Noting that there’s no longer a general or recommended guideline for the price of an engagement ring, Daga explained, “The ...