How Much Should You Really Spend on an Engagement Ring?

Meghan Blalock

If you’ve ever thought about getting engaged at any point in your life (spoiler—Christmas is one of the most popular times to do it), you’ve probably at least pondered how much you and your potential betrothed should be expected to spend on an engagement ring. While there is certainly no set-in-stone amount, there are so many different rules and expectations when it comes to the cost of the bling that it can be overwhelming, confusing and downright frustrating (especially for the person making the purchase). There are even online engagement ring cost calculators that have been set up to help you navigate the process—but we also have some pretty solid answers to help you on your way.

While it’s always great to pore over the best celebrity engagement rings for inspiration, dropping millions of pounds isn’t exactly a reality for many of us. Fear not, though, as we’re here to help. We’ve compiled as many different engagement ring price suggestions as we could and laid them all out for you so it’s easy to navigate and understand. Both you and your significant other will thank us if and when it’s ever the time to bite the platinum, gold or silver bullet.

Keep scrolling for the five rules on how much to spend on an engagement ring, and shop some of our favourite pieces too.

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