Average Diamond Engagement Ring Cost

The price for an engagement ring can vary dramatically depending on the type of diamond and setting you d like.

Average diamond engagement ring cost.

That s an increase of 25 percent. In 2019 the current average cost of an engagement ring is between 4 770 5 580. The current national average cost of an engagement ring is 6 351 for a 1 2 carat center stone diamond ring with a total ring carat count of 1 8. Round is the most popular diamond shape followed by princess and oval.

However this is skewed by the cost of very expensive engagement rings. If you re deciding how much to spend on an engagement ring there are several factors to consider. The average cost of an engagement ring is 6 163. To answer this question even further creditdonkey conducted an independent survey across several major cities in the u s.

The most popular engagement ring cut is the round brilliant diamond the average woman s ring size is about 6. Here are some other interesting statistics on engagement rings. December is the most popular month for buying engagement rings. If anything is certain it s that diamonds remain a serious investment.

In some states the average diamond ring sells for as little as 3 005 while in other the average price gets close to the five figures. The average engagement ring diamond size in the united states is between 0 8 and 1 2 carats. As we mentioned above the average amount spent on an engagement ring in the united states is about 6 350.