Amount To Spend On Engagement Ring. I think to get a decent very high quality engagement ring that you will need to spend at least 550. If you want to spend 50000 on a ring and you can afford it also great. With so many different opinions. According to a 2017 study by Ebates almost half of men and women in the US.
The average cost of an engagement ring is 5000 but you should spend what you can afford to spend Anne Chertoff a trend expert at WeddingWire. Spending what the average man spends on an engagement ring might seem like a reasonable decision but it could be a lot more than what you can afford. The commonly accepted idea is to spend three months salary on an engagement ring. Thats because someone making 3000 is probably not saving an awful lot especially if hes living on. The actual average cost for an engagement ring is over 6000. You should spend at least 2 months salary on the engagement ring.
Expect to spend 1000 to 5000 on an engagement ring.
This amount is actually based on a highly successful marketing campaign by De Beers a diamond company. According to a recent survey by Ringspro an engagement ring guidance website couples spent an. Some people say you should spend two months salary on an engagement ring. If for example you are making 60000 per year you should spend 10000 on the engagement ring. This is slightly less than the national average price of 6351. If you want to spend 100 on a ring great.