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How Much Does An Engagement Ring Cost?

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It’s time to toss out the notion that an engagement ring needs to cost the same as two month’s salary. Despite what the internet tells you, there’s no requirement on how much to spend on a wedding ring. Your perfect engagement ring is attainable within your ideal budget, and we’re here to help you figure out how much your wedding ring should cost.

So how much does an engagement ring really cost? Meet your jewelry concierge, Lisa Robin. With engagement rings ranging from $1,000 – $5,000 and beyond, her site makes it easy for you to determine what your ideal ring looks like, and at what price.

From lab-grown diamonds to ethically sourced mined diamonds, your dream engagement ring isn’t limited by the details, but rather, made more unique because of them. Lisa Robin’s website has made it incredibly easy to find a ring style and center diamond that fits your aesthetic. And we love Lisa Robin’s commitment to sustainable and ethical practices for the responsible production of her jewelry. She utilizes upcycled metals, ethically sourced materials, and works to create your ring with integrity.

So how much should you spend on your engagement ring? Talk with your partner and decide on whatever feels right. Now, let’s share the basics of engagement ring pricing, so you can find your perfect style!

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The Basics of Engagement Ring Pricing

It’s time to find the best value for your engagement ring budget. While the national average cost of an engagement ring in the US for 2021 was about $5,000, your personal budget may vary based on your taste and preferences.

Different specs will change the cost of your ring. From more inexpensive metals like gold to higher-priced platinum, take a look at what metal suits you. Stones can also vary dramatically in price. Lab-grown diamonds are a great way to achieve the look and feel of traditional diamonds for much less. While carat, clarity, and cut of your stones will also determine how much your ring will run. Knowing these details will help you set a more realistic budget (or see if you have a more flexible budget than you thought!)

Deciding between a ready-to-order or custom piece? Custom engagement rings are going to fall into an array of price points depending on the design details as well. However, Lisa Robin’s custom rings don’t come at a premium price. So, to help translate the price into your final vision, we took it upon ourselves to showcase Lisa Robin’s own stunning engagement ring collection.

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Budget-Friendly Engagement Rings for under $1,500

If you like the idea of a more minimalist wedding ring, choose from simpler styles that don’t compromise on quality. Pieces like solitaire engagement rings are perfect for budget-friendly engagement rings. This style has a single stone fixed to a simple or embellished band.

Or, if you don’t love the idea of a diamond, choose an alternative stone, from diamond alternatives like moissanite to colorful stones like morganite. It’s a great tip to achieving the look and feel of a diamond for a more budget-friendly price.

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Elegant Engagement Rings from $1,500 – $3,000

More ornate wedding rings fall into this price category. Halo engagement rings with a center stone surrounded by smaller stones add that extra sparkle and elegance. Shop ornate engagement rings with twisted band details or more unusual stone settings. Or, just choose a larger center stone for some added radiance.

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Engagement Rings above $3,000

From this price point onward, the options are boundless. Browse Lisa Robin’s ethically sourced diamond vault for a stone that fits all your requirements. Search for your ideal diamond by shape, clarity, color, and carat. Remember, you can opt for a ring with plenty of stones, and still decide to choose lab-grown diamonds, as long as you achieve the final look you want. This also means you can maintain a sleek design, keep things minimal, and choose a larger stone. It’s all up to you!

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Essential Info

View the entire Lisa Robin collection on her website and start shopping for your perfect engagement ring, or start designing your own custom piece! The Lisa Robin collection blends original designs with her own personal design aesthetic to create rings that modern couples love.

Be sure to follow Lisa Robin on Instagram, Pinterest and Facebook for the most stunning engagement rings at any price point.

This post is made in partnership with Lisa Robin Jewelry.

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