Unique Engagement Rings | Handcrafted Wedding Bands | Custom Jewelry (2024)

FAQs

Is $10,000 a lot for an engagement ring? ›

Perhaps one that offers a bit more than just a diamond? If so, then $10,000 is an excellent budget to work with. You may have heard by now that $10,000 engagement rings are becoming more and more popular. The average of spending $5,000 on your engagement ring may soon be a thing of the past.

Average Engagement Ring Cost

81% of Americans think the engagement ring shouldn't cost over $5,000, but the national average actually spent is over $7,000. Don't be pressured into a ring you can't afford. Ignore the "two months salary" rule and set a budget for a ring that she'll love.

Unless you want to make a really bold statement, keep the metals uniform across your wedding band and engagement ring - yellow gold with yellow gold, platinum with platinum, etc. If you're concerned about budget, you can make substitutions, pairing sterling silver or palladium with white gold, for example.

Overall, an engagement ring is meant to stun with its design, craftsmanship, and glistening brilliance of its diamonds. A wedding ring or anniversary band, on the other hand (both literally and figuratively), is usually plain. At the most, it is encrusted with smaller gemstones.

If you make $100,000 a year, you're supposed to spend $25,000 on an engagement ring. If you make $200,000, the ring clocks in at $50,0000.

It's known as the "three months' salary" rule, and it implies that a buyer should put three months of their salary toward a sparkler for their future spouse. For context, The Knot's 2023 Jewelry and Engagement study found that the average cost of an engagement ring in the US is $5,500.

According to this 'standard,' you should spend two months of your salary on your beloved partner's engagement ring. While it's not wrong to follow this rule, it's not required! The two-month rule isn't rooted in any cultural tradition. It started out as a marketing strategy by the diamond corporation De Beers.

While engagement rings are a pricy investment, the usual cost tends to be below $10,000, with a national average of $6,000, according to The Knot's 2022 Jewelry and Engagement Study.

Best Diamond Shapes for a Big Look

Diamond shapes that carry more of their mass toward the table, or top, of the diamond will look much larger per carat when compared with other shapes that have the mass more evenly distributed. The ones that carry mass at the top are marquise, pear, and oval cut diamonds.

What is a flush fit engagement ring? ›

Simply put, a flush fit setting engagement ring means that a wedding band will sit “flush” with your engagement ring. A flush fit allows you to have endless options of bands to stack seamlessly against your ring without any gaps or negative space.

For the band to sit flush, choose a shadow band that contours your engagement ring. For a perfectly coordinated pairing, choose a wedding band that matches both the metal and thickness of the engagement ring.

The most traditional way to go about this would be the groom pays for the bride's engagement ring and matching wedding band and the bride pays for the groom's wedding band plus a gift. Today, a more modern approach by many couples would be to accept the wedding bands as a joint investment by both people.

It's perfectly natural and very common for the engagement ring to remain on the wedding ring finger during the ceremony. Although it's tradition for the wedding ring to sit underneath the engagement ring, you can simply swap these over later.

Because of its lower percentage of pure gold, 10k gold jewelry is very affordable and easily accessible regardless of what kind of jewelry you're looking for. The other major benefit of 10k gold is its durability. This makes it a great choice for rings, and it has even become a popular choice for wedding bands.

While engagement rings are a pricy investment, the usual cost tends to be below $10,000, with a national average of $6,000, according to The Knot's 2022 Jewelry and Engagement Study.

We have all heard of the saying 'an engagement ring should cost 3 months' salary' and although this is a great way to set a goal for saving there is no set rule for this.

High-class individual spends $20,000 or more on their engagement ring, and this often drives the average engagement ring cost upward. Even though these figures can provide a ballpark range, we don't recommend setting a budget based on what others spend on engagement rings.