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Appropriate Amount To Spend On Engagement Ring. If anything is certain its that diamonds remain a serious investment. Thats just 122 months salary. This is slightly less than the national average price of 6351. By this same rule someone who makes 50000 a year should spend about 8000 for a ring.
Expect to spend 1000 to 5000 on an engagement ring. This arbitrary two-month rule would suggest that those who make 100000 per year should spend a whopping 16000 on an engagement ring. According to the a 2013 report by Jewelers of America couples spent an average of 4000 on an engagement ring in 2012. Spend the Average Cost of a Ring. Its a fair number but you should keep in mind that it has nothing to do with his or her own. If youre deciding how much to spend on an engagement ring there are several factors to consider.
According to recent surveys most American.
According to The Knot 2020 Jewelry and Engagement Study the average cost of an engagement ring is currently 5500. Brides American Wedding Study found that the average couples spent on an engagement ring in 2020 was 3756 which is less than the 7829 average couples spent in 2018. Not exactly realistic for many people. 52 Zeilen How much should you spend on an engagement ring. 1 The Three Months Gross Salary Rule This rule stipulates that if a man makes 80000 a year he should spend 20000 on an engagement ring. Thats just 122 months salary.