A comprehensive GUIDE

How Much Should an Engagement Ring Cost?

When it comes to the question “how much should an engagement ring cost” there are no strict guidelines. It’s essential to recognise that prices can vary significantly based on design, materials, and personal preferences. Ultimately, the right amount is subjective and can differ from person to person.

If you don’t have a specific figure in mind, trust your instincts to guide you. Reflect on what feels like a fair and realistic amount that won’t strain your finances. Once you establish a figure for your engagement ring budget—no matter how tentative it may be—the next step is to reach out for assistance.

BE OPEN ABOUT YOUR BUDGET

From the start, be transparent about your engagement ring budget and the sort of ideas you have in mind. By being upfront, you will soon understand whether your budget aligns with your expectations, and if it doesn’t we can discuss whether the design or the budget needs reconsidering and look at all options available.

STARTING PRICES

As a guide, expect that a bespoke engagement ring will start around £2,000 for a single gemstone. With a single 0.50ct round brilliant cut diamond, the price starts from about £3,000, while a 1.0ct diamond begins at approximately £9,000. With this vast difference in price, you can see how helpful it is to have a budget to work to in order to narrow down initial searches and provide useful advice about design options and materials. There are many stone options available, different sizes and different quality stones, and I will always work with you to maximise your budget, no matter how big or small.

IT ISN’T ALL ABOUT THE MONEY

While understanding engagement ring costs are essential, remember that it isn’t all about the money spent on the jewellery. The thought, care, and choices you make carry immeasurable value that no price tag can reflect.