Filter by
diamond ring on work bench

Average Engagement Ring Cost Guide and Tips for 2023

The national average cost of an engagement ring prices vary greatly. As per data up until 2021, the average cost of an engagement ring in the U.S. hovered around $5,000. However, many couples spend between $1,000 and $3,000, while others invest upwards of $10,000, especially for rings with higher carat diamond weights and exceptional clarity and color.