Simple Engagement Rings: 49 Engagement Trends

How much does the average person spend on an engagement ring?

The million dollar question is always how much should a person spend on an engagement ring. On average, the cost of an engagement ring is around $5,500. This price depends on your financial situation, your partner’s expectations, and the sentimental value you want to give to one of the most important jewelry pieces you and your partner will ever own. A good rule of thumb is setting a budget for your engagement ring, depending on the factors above.

I always recommend spending as much as you are comfortable spending and enough to truly value what it represents: your love for you soon-to-be bride. Another general rule is to follow the one to three month salary. This would be an amount that covers a “big” purchase while maintaining a debt-free environment. All in all, the cost of an engagement ring is highly subjective and a specific amount is unrealistic to most couples- so you should spend as much as only you consider to be valuable as a representation of unity and love.

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The cut of the diamond can drastically change the engagement ring’s appearance. Educate yourself on the round, pear, marquise, emerald, cushion, oval, Asscher, radiant, and (our favorite) heart-cut diamond. If all of this is overwhelming and all you know is that it HAS to be classic, go with the princess cut.

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The first thing to keep in mind while shopping for a traditional wedding ring is why it’s so appealing. Although there’s a lot of gold and diamonds in the mix, the most charming feature of a classic wedding ring is its subtlety. As the saying goes; a little goes a long way.

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With classic engagement rings, the band is especially important. You can go with naturally white platinum, or her choice of white, rose, green, or yellow gold. With the color nailed down, you can focus on the edge. Rounded edges accommodate a lot of styles including traditional, but a knife edge screams classic.

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A solitaire diamond stands on its own as a classic, so you can deviate from super plain while still maintaining tradition. To bring your proposal to the next level, think about flanking the solitaire with a set of slightly smaller diamonds on each side.

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Some designers bring a modern twist to the classic simple engagement ring – literally! Intricate twists and turns running throughout the mounting will add an interesting elegance while allowing the solitaire diamond to shine as it should.

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