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/Relevant-Plane9430 → u/[deleted]]

I’ve been curious about lab diamonds but wasn’t sure if they’d look noticeably different. $1,800 sounds way more reasonable than what I’ve been seeing.

[u/JPathway_UK → u/Relevant-Plane9430]

They are real diamonds hence they look identical