Average engagement ring cost 2013 is about $5,200 USD
Diamond engagement ring costs often vary based on the 4 Cs of the center diamond. The easiest way to compare the cost of different diamonds is to use an engagement ring calculator and easily compare 80,000 center stone diamonds for engagement rings using the button below.
Diamond Engagement Ring Cost Calculator
However, it is also important to consider the range of prices when thinking about the average engagement ring cost. Why? Because the range, or the difference between the lowest engagement ring price and the highest price is significant. Theoretically, an engagement ring can cost as little as a few cents (if you used string!) up to millions and millions of dollars. So, when looking at the average, you must realize that due to the large range costs, other factors must also be determined.
In addition, the quality of the diamond will also cause a large range. For example, a 1 carat engagement ring of high quality costs many times more than 1 carat low quality diamond engagement ring costs. In addition, rather than looking at overall cost, examining price per carat when comparing different engagement rings greatly simplifies comparison shopping.