{"id":2792,"date":"2024-06-24T15:00:27","date_gmt":"2024-06-24T15:00:27","guid":{"rendered":"https:\/\/www.grownbrilliance.com\/blog\/?p=2792"},"modified":"2026-06-03T13:49:32","modified_gmt":"2026-06-03T13:49:32","slug":"how-much-should-you-spend-on-an-engagement-ring","status":"publish","type":"post","link":"https:\/\/www.grownbrilliance.com\/blog\/how-much-should-you-spend-on-an-engagement-ring\/","title":{"rendered":"How Much Should You Spend on an Engagement Ring"},"content":{"rendered":"<?xml encoding=\"utf-8\" ?><div data-elementor-type=\"wp-post\" data-elementor-id=\"2792\" class=\"elementor elementor-2792\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e00fbb4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e00fbb4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ced231f\" data-id=\"ced231f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3c923d2 elementor-widget elementor-widget-text-editor\" data-id=\"3c923d2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 09-10-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">Couples planning to get married encounter various costs, one of the most significant being the engagement ring, which often costs thousands of dollars. A&nbsp;<\/span><a href=\"https:\/\/brite.co\/engagement-ring-survey\/\"><span style=\"font-weight: 400;\">2021 industry survey<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;found that the&nbsp;national average cost of an engagement&nbsp;ring is $3,250, with over one-third of couples spending over $5,000.<\/span><\/p><p><span style=\"font-weight: 400;\">Knowing how much to spend on an engagement ring means understanding your options, the value of a diamond, and your specific budget. At Grown Brilliance, we offer radiant engagement rings set with&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/\"><span style=\"font-weight: 400;\">lab grown diamonds<\/span><\/a><span style=\"font-weight: 400;\">. These stones have the same&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/education-guide\/learn-about-the-4cs\"><span style=\"font-weight: 400;\">cut, color, clarity and&nbsp;carat weight<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;ratings as mined diamonds without the high price point.&nbsp;<\/span><\/p><p><span style=\"font-weight: 400;\">Learn what to consider when buying an engagement ring and how to find a dazzling ring with the perfect-sized diamond for an affordable price at Grown Brilliance.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5683b6 elementor-widget elementor-widget-heading\" data-id=\"b5683b6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 09-10-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"How_Couples_Choose_Engagement_Rings_Then_and_Now\"><\/span>How Couples Choose Engagement Rings, Then and Now<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d1817c elementor-widget elementor-widget-text-editor\" data-id=\"1d1817c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">During the mid-20th century, diamond marketers suggested spending between 1- and 3-months&rsquo; salary&nbsp;on an engagement ring. This suggestion was intended to increase consumers&rsquo; spending on diamond engagement rings.&nbsp;&nbsp;<\/span><\/p><p><span style=\"font-weight: 400;\">While diamonds remain popular for engagement rings, today&rsquo;s couples are increasingly interested in ethically sourced beauty and striking a balance between affordability and quality.&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/education-guide\/mined-diamonds\"><span style=\"font-weight: 400;\">Ethical concerns<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;, such as political conflicts and poor labor standards, have plagued the diamond mining market. Lab diamonds have emerged as a more ethical alternative with a more accessible price point for modern brides and grooms.<\/span><\/p><p><a href=\"https:\/\/www.grownbrilliance.com\/engagement-rings\"><span style=\"font-weight: 400;\">Lab grown diamond rings<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;match their mined equivalents&rsquo; size, clarity and quality while costing a fraction of the price, sometimes up to 50% to 60%. They are also produced in laboratory conditions and aren&rsquo;t associated with unethical practices or political instability.&nbsp;Choosing a&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/engagement-rings\"><span style=\"font-weight: 400;\">lab grown diamond engagement ring<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;can be an excellent way to pick a beautiful, ethically produced stone without breaking the bank.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1fe44f3 elementor-widget elementor-widget-heading\" data-id=\"1fe44f3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"What_Influences_the_Cost_of_a_Lab_Diamond_Engagement_Ring\"><\/span>What Influences the Cost of a Lab Diamond Engagement Ring?<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-394050e elementor-widget elementor-widget-text-editor\" data-id=\"394050e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<span style=\"font-weight: 400;\">Several elements influence the final&nbsp;engagement ring cost&nbsp;when shopping for a lab grown piece. Consider the following when choosing your ideal&nbsp;piece of jewelry:&nbsp;<\/span>\n\n<span style=\"font-weight: 400;\">&nbsp;<\/span>\n\n<b>Size of Diamond:&nbsp;<\/b><span style=\"font-weight: 400;\">Larger lab-created diamonds require more time and complex technology to produce, which can increase their price. For instance, our&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/4-ctw-oval-lab-grown-diamond-petite-solitaire-engagement-ring-14k-yellow-gold\/pid\/RIGTXR05314O400-GY4\"><span style=\"font-weight: 400;\">Oval Petite Solitaire Engagement Ring<\/span><\/a><span style=\"font-weight: 400;\">, featuring a 1-carat stone, is priced at approximately $1,195. If you upgrade to a 4-carat lab-grown diamond, the cost is approximately $3,995. A mined diamond of similar size could be as much as $79,000.<\/span>\n\n<b>Specialty Designers or Collections:<\/b><span style=\"font-weight: 400;\"> If you choose a lab-created engagement ring from a designer collection, it may be priced slightly higher than a diamond of similar size in a non-branded setting. For example, our Badgley Mischka<\/span><a href=\"https:\/\/www.grownbrilliance.com\/2-1-4-ctw-princess-lab-grown-diamond-hidden-halo-engagement-ring-18k-white-gold\/pid\/RIGTX07758P200-HW1\"><span style=\"font-weight: 400;\">&nbsp;Hidden Princess Halo Engagement Ring<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;at 2.25 carats is about $2,845, whereas a similar&nbsp;<\/span><span style=\"font-weight: 400;\">princess cut ring<\/span><span style=\"font-weight: 400;\">&nbsp;at 2.5 carats is $3,195.&nbsp;<\/span>\n\n&nbsp;\n\n&nbsp;\n\n<b>Complexity of the Cut:&nbsp;<\/b><span style=\"font-weight: 400;\">Generally, more intricate cuts, like a&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/education-guide\/learn-about-diamond-shapes\"><span style=\"font-weight: 400;\">princess or cushion<\/span><\/a><span style=\"font-weight: 400;\">, require greater craftsmanship and precision, which can elevate the price or a lab diamond. At Grown Brilliance, we only offer diamonds with a high cut rating of Excellent or better. This means you get the highest quality cut without affecting your ring&rsquo;s price.&nbsp;<\/span>\n\n<b>Uniformity of Clarity and Color:<\/b><span style=\"font-weight: 400;\">&nbsp;Diamonds with high clarity and&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/education-guide\/the-4cs-color\"><span style=\"font-weight: 400;\">colorless grades<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;like FG (Nearly Colorless) may have a higher price point than those with visible imperfections or slight coloration.&nbsp;However, at Grown Brilliance, you don&rsquo;t pay more for high clarity and color. All of our lab grown&nbsp;center stones&nbsp;in engagement rings have an FG rating or better and no imperfections visible to the&nbsp;naked eye, allowing us to price them based on the gem&rsquo;s size rather than quality.&nbsp;&nbsp;<\/span>\n\n<b>Certification: <\/b><span style=\"font-weight: 400;\">Extremely cheap lab diamonds may be tempting if you have a limited&nbsp;engagement ring budget. However, any lab grown stones that don&rsquo;t come with certification may be of low quality. Grown Brilliance ensures&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/pages\/faqs\"><span style=\"font-weight: 400;\">GIA or IGI certification<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;on all .75-carat and higher lab diamonds. We also offer a&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/pages\/price-match-guarantee\"><span style=\"font-weight: 400;\">price match guarantee<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;to ensure you get a fair price on your stone.&nbsp;<\/span>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f0ebaee elementor-widget elementor-widget-heading\" data-id=\"f0ebaee\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"How_Much_Should_You_Spend_on_an_Engagement_Ring\"><\/span>How Much Should You Spend on an Engagement Ring?<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-36c07f8 elementor-widget elementor-widget-text-editor\" data-id=\"36c07f8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<span style=\"font-weight: 400;\">When&nbsp;buying an engagement ring, the amount you spend depends on where you buy the ring and your budget.&nbsp;Jewelry stores&nbsp;or brand-name outlets can be more expensive.&nbsp;Buying a ring&nbsp;from a trusted online retailer like Grown Brilliance allows you to spend less on a gorgeous piece.<\/span>\n\n<span style=\"font-weight: 400;\">Our collection is customizable, allowing you to select a style you love and then alter the stone size to match your budget. We offer everything from a .5-carat&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/1-2-ctw-round-lab-grown-diamond-trellis-solitaire-engagement-ring-14k-white-gold\/pid\/RIGJOR033-GW2\"><span style=\"font-weight: 400;\">Trellis Solitaire Engagement Ring<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;at around $895 to an over 17-carat&nbsp;<\/span><span style=\"font-weight: 400;\">Istanbul Ring<\/span><span style=\"font-weight: 400;\">&nbsp;for $33,000 and all sizes in between.&nbsp;<\/span>\n\n<span style=\"font-weight: 400;\">If you have&nbsp;decided how much to spend, you can quickly sort our engagements by price to view your options in a specific range. This helps you narrow your selection to find the perfect engagement or&nbsp;wedding ring&nbsp;for your big day.&nbsp;<\/span>\n\n<span style=\"font-weight: 400;\">We also have dazzling lab grown accessories to match your bridal ensemble, all set with luminous stones. Find a&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/tennis-bracelets\"><span style=\"font-weight: 400;\">lab grown diamond tennis bracelet<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;for a fraction of the cost of pieces with natural stones, like our 5-carat&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/5-ctw-pear-lab-grown-diamond-east-west-tennis-bracelet-14k-platinum-7-inches\/pid\/BCGTXBR03566-PL2\"><span style=\"font-weight: 400;\">East-West Pear Tennis Bracelet<\/span><\/a><span style=\"font-weight: 400;\">, for around $5,180.&nbsp;<\/span>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9debfd elementor-widget elementor-widget-heading\" data-id=\"f9debfd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Budgeting_Tips_Get_More_Value_Without_Overspending\"><\/span>Budgeting Tips: Get More Value Without Overspending\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f49fe53 elementor-widget elementor-widget-text-editor\" data-id=\"f49fe53\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Setting a smart budget is essential while choosing your engagement ring. Lab grown diamond rings and jewelry give a wide range of stunning options that are not only pocket-friendly but are also authentic. Not only do they look and feel like natural diamonds, but they are also customizable and let you create your designs, etc. While making a lab diamond purchase, it is also essential to keep the budget in mind. Here are some simple tips that may help you budget your purchase better-<\/span><\/p><p>&nbsp;<\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Set a budget for yourself: <\/b><span style=\"font-weight: 400;\">While buying jewelry, having a clear and fixed budget will help ease monetary decisions during the purchase and make your shopping experience much smoother. It will also establish a self-created boundary for you to review and choose from.<\/span><\/li><\/ul><p>&nbsp;<\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Fix your priorities: <\/b><span style=\"font-weight: 400;\">While purchasing lab grown diamonds, it is essential to have your priorities fixed. Ask yourself. What are we buying this diamond for? This will help you identify the size, shape, and other details of the lab grown jewelry.<\/span><\/li><\/ul><p>&nbsp;<\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sales are a good time to make a purchase: <\/b><span style=\"font-weight: 400;\">If your purchase for lab diamonds is not for an immediate requirement, waiting for a sale period is a profitable decision as not only will it reduce the financial burden, but will also offer you a wider range of products to choose from.<\/span><\/li><\/ul><p>&nbsp;<\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Understanding the 4C&rsquo;s:<\/b><span style=\"font-weight: 400;\"> An understanding of the 4Cs, namely the carat weight, cut, clarity and color of the diamonds, will also help you to identify your preference in lab grown diamonds and choose from the budget set for yourself<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6947df7 elementor-widget elementor-widget-heading\" data-id=\"6947df7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Shop_Ethical_and_Beautiful_Engagement_Rings_at_Grown_Brilliance\"><\/span>Shop Ethical and Beautiful Engagement Rings at Grown Brilliance<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-07b74ad elementor-widget elementor-widget-text-editor\" data-id=\"07b74ad\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">An engagement ring symbolizes one of the most memorable days of your life and that of your partner. Choosing a lab grown diamond for your engagement ring is more than just a substitute for a&nbsp;natural diamond; it&rsquo;s a statement and a commitment to your values. Grown Brilliance offers a wide range of lab-created diamond jewelry, including&nbsp;<\/span><a href=\"https:\/\/www.grownbrilliance.com\/bracelets\"><span style=\"font-weight: 400;\">lab grown diamond bracelets<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.grownbrilliance.com\/earrings\"><span style=\"font-weight: 400;\">earrings<\/span><\/a><span style=\"font-weight: 400;\"> and engagement rings of all sizes, colors and styles. Shop our selection today and find the perfect engagement ring for your sweetheart!&nbsp;<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Couples planning to get married encounter various costs, one of the most significant being the engagement ring, which often costs thousands of dollars. A&nbsp;2021 industry survey&nbsp;found that the&nbsp;national average cost of an engagement&nbsp;ring is&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"How Much Should You Spend on an Engagement Ring","_seopress_titles_desc":"Buying engagement rings don\u2019t need to break the bank. Learn how to find stunning, certified lab grown diamond rings at Grown Brilliance\u2014within your ideal budget.","_seopress_robots_index":"","footnotes":""},"categories":[91],"tags":[],"class_list":["post-2792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diamonds-education"],"_links":{"self":[{"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/posts\/2792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/comments?post=2792"}],"version-history":[{"count":30,"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/posts\/2792\/revisions"}],"predecessor-version":[{"id":4919,"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/posts\/2792\/revisions\/4919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/media\/2799"}],"wp:attachment":[{"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/media?parent=2792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/categories?post=2792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.grownbrilliance.com\/blog\/wp-json\/wp\/v2\/tags?post=2792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}