How much should an engagement ring costs?

How much should an engagement ring cost? 1/2 to 1 month salary is an appropriate engagement ring price
How much should an engagement ring cost? 1/2 to 1 month salary is an appropriate engagement ring price

How much should the engagement ring be? That is the most frequently asked question by men on the topic of getting engaged. We help you find your personal budget, so you know how much you should spend.

It isn't right to just name a price, and the salary calculators and tables which can be found in the internet do not really help. There are, however, a few things worth remembering in order to get a better idea of your budget.

Emotional factors more important than the price?

For women, the engagement ring price isn’t the most important factor. Emotional, social and traditional family aspects are similarly important. A man can only answer the question of how much to spend when he knows what value the engagement ring has for his partner and takes into account all those factors. Consider these:

  1. The engagement ring is the most beautiful and romantic sign, that he wants to spend his whole life with her.
  2. Your partner will proudly wear this ring throughout her entire life and probably won’t have another piece of jewellery which she associates with so many positive emotions.
  3. By looking at the ring, she will always think of the special moment of getting engaged, and think about you.
  4. Your partner will proudly show the ring to all her friends.
  5. It is a wonderful and popular tradition to pass on an engagement ring to the next generation.

The rather emotional arguments listed above also mean that women appreciate high-quality rings with diamonds. So, let’s begin with the cost of a diamond.

Costs: Find out your personal budget – rule of thumb monthly income

In order to determine your budget for an engagement ring, your monthly net income is a good guideline. At least half your net monthly income should at least be invested. If you have savings you should opt for your monthly income for the engagement ring. At the end of the day, buying an engagement ring is a once in a lifetime romantic investment. The one-time ring costs are quickly forgotten.

Budget according to your income

Men that want to get engaged are often at the beginning of their career path. We think that the costs should be in a healthy ratio to your income and therefore recommend one monthly income as a rule of thumb for the budget.

And here's a fact for all fans of American soaps: In Europe, there are only a few men who buy US-level rings worth 5,000 $ or more for a proposal. On average, European men stay around or even below 1,000 US-Dollar when it comes to the ring for their sweetheart.

Take it with a pinch of salt, it only costs you 5 cents a day!

Many Americans think that investing in an engagement ring should hurt a little. We don't see it that way. And yet buying a good quality engagement ring is a real investment that needs to be well considered.

Look at it this way: You have found the woman you want for life! Show her that by buying an engagement ring for around 1,000 $. She'll (of course!) say YES and you'll both have 50 happy years together!
Now let's make this happy love story a very simple calculation:

Engagement ring price Costs over 50 years
1.000 $/50 years 20 Euro for each happy year
1.000 $/2.608 weeks 38 Cent for each happy week
1.000 $/18.262 days only 5 Cent for every happy day!

What do you mean, you don't know? Is a happy partner worth 5 cents a day for the next 50 years?

Quote

Almost all men who get engaged buy a valuable piece of jewellery for the first time in their lives.

What happens if you spend too little?

That depends on your partner. And every man has to estimate what his beloved partner expects.

Almost all men who get engaged buy a valuable piece of jewellery for the first time in their lives. Our aim is to give men security for their upcoming purchase by referring to their monthly salary.
 

What do women spend on an engagement ring?

Women rarely propose. Less than 5% of our engagement rings are sold directly to women. The prices of the engagement rings bought by women are also within the usual European range.

But unlike a few years ago, women are increasingly drawing their partner's attention to the ring they want. We have often heard about messages to a friend with the subject "I would like this one". And also, on Instagram and Facebook men frequently receive discreet hints from their partner.
 

Engagement ring price: The monthly income determines the budget
Engagement ring price: The monthly income determines the budget

Our recommendation for the cost of an engagement ring

Pay attention - regardless of actual income - to your personal "price limit" and choose an engagement ring that is priced much higher. We often connect with men that send in their partner's engagement ring as their lady wants a bigger diamond.

So, plan a little more budget from the start than you initially thought. Firstly, an engagement ring at a higher price makes a much better impression and secondly, you do not inadvertently make your loved one to think that she has "sold" herself below value.

Of course, women compare their engagement rings with other women's, even if they never admit it. If you set the engagement ring price a little higher right from the start, you don't have to worry about it.

What do I need to keep in mind when buying an engagement ring?

Regardless of the cost of an engagement ring you should pay attention to the following things:

  1. For a proposal engagement white precious metals are particularly suitable, like silver, white gold or platinum. We recommend traditional white gold rings or engagement rings made of platinum, which is harder, heavier and more durable.
  2. The diamond quality plays an important role. As a rule of thumb: The higher the quality the more the ring sparkles.
  3. Of course, an engagement ring should meet your partners taste, so knowledge about your future fiancé's personal style is important to make the right decision. Are you uncertain about her style? Just ask your partner's best friend for more information.
  4. The day of the proposal is here, everything is perfectly planned, the location booked. What is missing? The ring... To make sure that doesn't happen to you, start searching for the right ring at least two months before your planned date.

Which models are most frequently purchased?

By far the most frequently purchased models are those with diamonds, the classic gemstone for a proposal. For some time now, rose gold models have been very popular. Blue sapphires are also becoming increasingly popular for engagement rings. With both gemstones - diamond or sapphire - we know you are making a great choice.

Does the man buy the engagement ring or both partners together?

In recent decades it has become more and more common for the man to secretly plan a proposal and surprise his partner with an engagement ring. It is a beautiful tradition that shows your partner in a particularly romantic way how much she is loved.

However, this romantic procedure also has disadvantages. The vast majority of men willing to marry have no idea of their partner's ring size before buying the ring. And the high proportion of subsequent changes shows, that it is difficult to find out the size secretly without any instructions. Some men also find it difficult to correctly assess their beloved's style. Before the man buys the engagement ring, he should seek professional advice.
 

Can I really buy an engagement ring online?

For us, the answer is obviously a clear yes, engagement rings can be bought online without hesitation! There are a few very obvious reasons why this is the case:

  1. The selection online is way bigger. Even an excellent jeweller can't stock everything.
  2. The quality of the engagement rings sold online is very good and is usually documented with renowned certificates. The retailer around the corner buys goods from the same manufacturers.
  3. Today, no online shop can afford dissatisfied customers, especially if it still wants to sell engagement rings in the future.
  4. Quality feature - customer ratings: Well-known seals and real customer ratings create trust between customers and our online shop. In addition, the online purchase can usually be secured free of charge.
  5. Today you get great advice by real jewellery experts - free of charge. A few years ago this certainly was not as common.
  6. Many men work hard and often longer than they used to. It's convenient to be able to shop online whenever you want, seven days a week, 24hours a day.

If you feel like buying a beautiful engagement ring for your partner, you will quickly find the right model in your individual price category.
 

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