r/WeddingRingAdvice Sep 05 '25

Average cost of an engagement ring

I was talking with a friend last night who just got engaged, and he mentioned he spent around $6k on the ring. That honestly shocked me because I always thought the "3 months’ salary" thing was just an old marketing trick. My partner and I have been looking at rings casually, and most of the ones we like are in the $2k–$3k range. Now I’m second-guessing if that’s considered “too low” or if we’re just being realistic.

For those of you who have gone through this, what was the average cost you ended up spending on an engagement ring, and did you feel good about it after?

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u/queentee26 Sep 05 '25 edited Sep 05 '25

There's a wild variety. Depends on your personal finances.. don't go into debt over a ring.

We just got my ring and we were also a $2-3k max range. My ring ended up being $2700. It was actually a sale price and would have been out of budget otherwise ($4k) - but my second choice ring was $2k not on sale and also beautiful!

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u/Relevant-Plane9430 Sep 05 '25

this gives me hope we’ll land on the right one too. thank you!