How do I determine what is a good price range for a enagement ring?

Posted by on Mar.14, 2010, under Rich DVD

Hi — What is a good price range for an engagement ring? im not rich, but i dont want to come accross cheap to my girlfriend. is there a text book value or some type of magical formula i can apply to determine the price range?

many thanks!

Do you have anything saved up at all? If not, then start now. Put away what you can for six months and see what you have saved up at the end of that. Then go to a jeweler and tell the person there that you have $X and want to see what that can get you. (Do not let them show you anything worth more than that, check the prices and just hand them right back if they do.)

A plain solitaire will be less expensive than something with sidestones or lots of embellishment. My advice is to go with a better quality smaller diamond over one that is bigger but visibly flawed. A diamond closer to colorless will sparkle more and appear larger.

The myth that you must (or even should) spend X months’ worth of your salary is a marketing ploy devised by De Beers, the diamond people, in order to drum up sales. It’s working, too, because every gold-digging woman out there is clinging hard and fast to this "rule" and declaring it law.

Spending that much money on a piece of jewelry is insane. If you do that, it ceases to be a symbol of your love and becomes merely a statement of your monetary worth. That may have been important back in the day when it was understood that if a man wanted to take a bride he needed to show that he could support her and take care of her in a way that her family would approve, but nowadays, couples support themselves and each other equally and we girls don’t need to be provided for.

14 comments for this entry:
  1. mysterygirlx

    If she loves you she will love the ring now matter what it looks like.. as long as you take your time and pick something you think she’ll love. There are some gorgeous rings for $1000 or less.. mine was only $225.. on ebay and it is almost a carat… so just shop smart.
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  2. Melissa R

    Well, you always hear people say that it is supposed to be 2-3 months worth of the man’s salary. But I don’t believe this. I think it should come from your heart, and it should be something she would love. Don’t get it because of the price, and don’t avoid getting it because it’s not 5 thousand dollars or something like that. Find a ring you think she’d like and that you can afford, and go with it.
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  3. MelZ

    It is typical to spend about 2 months salary on an engagement ring.
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  4. ○•○•Cassie•○•○

    There really is not. Some people say 3 months salary but I think that is absurd. As much as I love jewelry I would be pissed if my Fiance even thought about spending that much money. It’s going to depend on the tastes of your Fiance. Some women are dying for a huge ring while others prefer something more low key. The best way if you want it to be a surprise is to ask a close friend (who can keep their mouth shut), sister, or her mother what sort of ring she would prefer. If she’s like a lot of women she probably has a favorite metal and diamond cut. Then just start pricing from there.
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  5. Tonya

    Honestly, there are a lot of options, and only you know what could be financially possible.

    WalMart has surprisingly pretty engagement rings now, and they are very nicely priced.

    We got my ring at Kay’s jewelers and they have an option to basically put the ring on layaway. The ring was a little more expensive than what he could have afforded up front, but after a couple more months of paying on it, I am now wearing a ring that I fell in love with…still for less than a thousand dollars.

    Just look around, and whatever you decide on I’m sure she’ll love!
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  6. Corty B

    Typically, an engagement ring is supposed to cost the equivalent of 3 months salary.

    However, it is not the size, or quality of the stone in the ring that matters. It’s the thought and effort you put in to picking out something that you feel is perfect for your bride.

    Does she have a favorite gemstone, or have you thought of hers or your birthstone an an engagement ring? You can find beautiful and personal rings that aren’t going to leave your bank account hurting.
    References :

  7. Special K

    TWO months salary is what they say. But it is what you can afford, so you don’t have to struggle. If you are worried about cost maybe go to an antique store and look for one, maybe someone in you family has a diamond they would be willing to share, you could have it reset. A grandmother or mother.

    Personal opinion, don’t do a fake diamond, I would think this is kind of cheap. Maybe a gemstone of somekind would be better.
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  8. Soon-to-Be Mrs. Taylor

    She won’t think you’re cheap, especially if she loves you. Start browsing around popular and local jewelers for what kind of ring you want and what she would like. Think of what you can affordable without spending everything on a ring. You still have lots of things to get prepared for your soon-to-be family.
    I’ve heard that pawn shops are a hidden place to look, but you would have to try your luck with that. I’ve never experienced that personally but it’s an option.
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  9. SS

    i have one if your interested! its from kay jewelers, it a marquet.
    just email me
    and a good price, just depends on the ring
    s776161522@yahoo.com
    References :

  10. Nadia K

    Most people say 2 months salary. I say it doesn’t matter how much you spend, what matters is how hard you worked to save for it. I just got engaged myself, and it was not the rock on my finger that impressed me, it was the fact that my fiancée had not bought himself something mice for months so that he could buy it.

    Also, get a feel for what she likes. But most importantly, if this ring is going to be a surprise, make sure you know what she DOESN’T like. This will put you in a safer one when picking one out.

    My last piece of advice is, take her to a few stores to see exactly what is out there and what the prices are like. It’s so easy to shoot for a gigantic ring like the ones the stars wear. The reality of how much they cost can be very awakening. This will make her even more appreciative of whatever it is you do end up getting.
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    Just got engaged.

  11. vingers

    have a look around. settle between one you find the most expensive and the least expensive. then decide which ones you think she would love.
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  12. Anne

    not too little not too much
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  13. Kathleen K

    I agree with the first post. Ebay would be awesome to get a good, cheap ring :) I would not be mad if my bf got it from there, but I’m a cheap girl.
    Two months salary for me is 4,000. If my bf spent 4,000 on a ring for me, I would smack him, pick him up again, and then throw him out the window. I would MUCH rather see that money go towards a house!!! For me, no more than 1,000 is enough. But I’m quite famous for losing things and I’m pretty cheap, as I mentioned.

    So my opinion is less than $1,000.
    References :

  14. Elizabeth

    Do you have anything saved up at all? If not, then start now. Put away what you can for six months and see what you have saved up at the end of that. Then go to a jeweler and tell the person there that you have $X and want to see what that can get you. (Do not let them show you anything worth more than that, check the prices and just hand them right back if they do.)

    A plain solitaire will be less expensive than something with sidestones or lots of embellishment. My advice is to go with a better quality smaller diamond over one that is bigger but visibly flawed. A diamond closer to colorless will sparkle more and appear larger.

    The myth that you must (or even should) spend X months’ worth of your salary is a marketing ploy devised by De Beers, the diamond people, in order to drum up sales. It’s working, too, because every gold-digging woman out there is clinging hard and fast to this "rule" and declaring it law.

    Spending that much money on a piece of jewelry is insane. If you do that, it ceases to be a symbol of your love and becomes merely a statement of your monetary worth. That may have been important back in the day when it was understood that if a man wanted to take a bride he needed to show that he could support her and take care of her in a way that her family would approve, but nowadays, couples support themselves and each other equally and we girls don’t need to be provided for.
    References :

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