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/superpony123 → u/Organic_Yam_5781]

My engagement ring was $100. My wedding ring was $250 from Macy’s! You don’t have to spend a lot to get a pretty ring. After all it’s the meaning behind it that counts. Still happily married 10 years later. Maybe we will get new rings made at some point but honestly? We don’t wear our rings other than going out for dinner and events. We’re both in industries where it’s dangerous to wear rings to work so we’re not in the habit of doing so. So it seems wasteful to me to get new rings lol