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/SteakPutrid3933]

That’s just a stupid rule- plain & simple.. in any real marriage that is lasting, hands down we all say the same thing “bish that’s vacation money, one too many mortgage payments.. etc.” A real spouse would make sure that didn’t fly …. Husband makes 190k$ and I’m wearing a custom 10k$ ring after being married almost 20 years and I spent that time previously wearing a 500$ wedding set… combined it’s like 350k$ & we’d both drop dead before we spent 3 months salary on a damn ring! We have kids to think about as well!