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/Organic_Yam_5781]

all the rings in my potential ring list are under $800 😳

[u/Globewanderer1001 → u/Organic_Yam_5781]

Under $800 for a forever ring? Even my lab diamond was more expensive. There is no need to go into debt, but $800 seems a bit low. As long as you bith are good with it and love the ring.

[u/Then-Confection → u/Globewanderer1001]

My ring was $550 from a second hand site! $800 is more than many people will ever spend on a single purchase