{"id":6764,"date":"2025-11-14T06:41:00","date_gmt":"2025-11-14T06:41:00","guid":{"rendered":"http:\/\/www.serendipitydiamonds.com\/blog\/?p=6764"},"modified":"2025-12-30T11:33:27","modified_gmt":"2025-12-30T11:33:27","slug":"the-average-price-of-an-engagement-ring","status":"publish","type":"post","link":"https:\/\/www.serendipitydiamonds.com\/blog\/the-average-price-of-an-engagement-ring\/","title":{"rendered":"The Average Price of an Engagement Ring – 2026 Update"},"content":{"rendered":"\n

Update:<\/strong> Serendipity Diamonds estimates the price of an\u00a0engagement ring in 2026 to be \u00a31500,<\/strong><\/span> based on the last 2 years’ sales<\/span>, with Platinum 1-carat lab-grown diamond rings proving the most popular choice.<\/em><\/p>\n\n\n\n

“We surveyed ring purchases in the \u00a3600 to \u00a310,000 price range over the last two years. The average cost of an engagement ring was \u00a32000.” <\/p>\n\n\n\n

Mark Johnson, Founder. <\/p>\n\n\n\n

With a radical shift in buyer habits and the introduction of lab-grown diamonds, many younger buyers can now afford larger diamonds<\/a> at a significantly reduced<\/span> ring price.<\/p>\n\n\n\n

\"The
Unity, shown with matching-shaped rings. Available in natural and lab-grown diamond options<\/em>.<\/figcaption><\/figure>\n\n\n\n

How does the price compare to an average salary?<\/h2>\n\n\n\n

The average ring price is related to many people’s average monthly take-home pay. As a rule of thumb, many buyers allow a month’s salary for their purchase. <\/p>\n\n\n\n

According to the Office of National Statistics, <\/a>the average weekly earnings are \u00a3 648 total pay before tax. This works out to approximately \u00a32500 gross pay per month or approximately \u00a32000 net pay per month. <\/p>\n\n\n\n

One month’s salary – and the traditional rule-of-thumb<\/h2>\n\n\n\n

The “one month’s salary rule” provided many buyers with a traditional guideline for spending an amount equivalent to one month’s salary on an engagement ring.<\/p>\n\n\n\n

The rule originated from diamond retailer De Beers in the 1930s as part of a marketing campaign to promote diamond engagement rings. But, some organisations even attempted to suggest a 3-month rule. <\/p>\n\n\n\n

At the same time, it’s important to note that the “one month’s salary rule” became a social convention for anyone budgeting for an engagement ring. <\/p>\n\n\n\n

What changed during 2025?<\/h2>\n\n\n\n

Over the last year, engagement ring options increased dramatically. Firstly, the adoption of lab-grown diamonds <\/a>radically increased the size of a \u00a32000 diamond ring. As a result, larger diamonds became more affordable and appealing to buyers. Prices continued to decrease for lab-grown diamonds into 2026.<\/p>\n\n\n\n

For example, a natural 1-carat diamond engagement ring costing \u00a320,000 now costs around \u00a31500 set into a Platinum ring design. <\/p>\n\n\n\n

The Rise of the Engagement Ring Builder <\/h2>\n\n\n\n

Take a look at our engagement ring builder<\/a><\/em>. This tool combines beautiful ring designs with an incredible diamond search to generate the perfect ring. Options include lab-grown diamonds alongside natural diamonds.<\/p>\n\n\n\n

\"Engagement<\/a><\/figure>\n\n\n\n

Combine a search for the perfect ring style with a worldwide inventory of diamonds in our latest ring builder. <\/a><\/em><\/p>\n\n\n\n

Next, profit margins vary<\/a><\/span> considerably<\/a> from one jeweller to another. For example, some jewellers with fewer overheads can apply a smaller margin than a London boutique jeweller with higher overheads.<\/p>\n\n\n\n

Factors Affecting Engagement Ring Cost<\/h2>\n\n\n\n
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