How Much Should I Pay For A Wedding Ring

You always have the option of presenting your potential fiancé with this information and suggesting he or she spend the average amount.

How much should i pay for a wedding ring. Brides american wedding study found that the average engagement ring cost in 2018 was 7 829 up from 2017 s standard price point of 5 023. Let s say you make a gross salary of 100 000 per year following the rule you d be expected to spend up to 25 000 on a ring. With 400 000 australians having a facebook status of engaged and a further 1 700 000 in a relationship that s a huge number of people either committed to a wedding or that may be getting engaged in the near future.

If for example you are making 60 000 per year you should spend 10 000 on the engagement ring. A 1 carat engagement ring costs an average of 5 500 and that s before you spend more than 1 000 on average for her wedding band. See below on how we debunk this theory.

You can expect wedding rings to start from as little 100 per ring to an upwards of 3000 which is dependent on the design of the ring the metal used whether or not there s any diamonds involved. You can expect wedding rings to start from as little 100 per ring to an upwards of 3000 which is dependent on the design of the ring the metal used whether or not there s any diamonds involved. A simple plain wedding band can cost around 300 1500 but if you re going for more than a simple band and you want a little pizazz and sparkle then you will probably be spending around 1000 to 6000.

You should spend at least 2 months salary on the engagement ring. Don t be pressured into a ring you can t afford. This is the average cost don t get duped into something not worth your while on the look for cheap wedding rings.

While 5 900 is the national average cost of a ring the spend per couple varies. Average engagement ring cost. Our study found that one third of all respondents are spending between 1 000 to 3 000 on their engagement ring.

Spend the average cost of a ring according to the a 2013 report by jewelers of america couples spent an average of 4000 on an engagement ring in 2012. When it comes to budgeting for wedding rings the prices are completely dependent on you and your partner s needs. For some these numbers might happen to follow the rule but for others it makes little financial sense.