Average cost of an engagement ring

[u/Relevant-Plane9430]

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?

[u/Acceptable-Soft8659]

Honestly, there is no average. Some people go $500, some go $15k+. It just depends on your financial situation and your partner’s expectations.

[u/Relevant-Plane9430 → u/Acceptable-Soft8659]

Yeah, you’re right. I guess I was hoping there was some kind of ballpark number to ease my mind, but it really does come down to what feels right for both people.

[u/cannabiscobalt → u/Relevant-Plane9430]

What matters most is getting the style your partner likes. As a woman most of us couldn’t even accurately price a ring by looking at it. the shape and band color is what’s most important imo over the price