The average cost of an engagement ring is $4,000 – $6,000 USD.
Jewelers of America
- The median engagement ring price for all firms was $4,000.
- The median engagement ring price for firms with sales over $3.5M was $5,175. Most people are probably buying from larger jewelers.
|Average Wedding Band Pricing ($)||All Firms||High-Profit Firms||Sales Under $0.8M||Sales $0.8-$1.6M||Sales $1.6-3.5M||Sales Over $3.5M|
|Male Wedding Band||500||450||450||488||506||595|
|Female Wedding Band||1000||899||813||971||1130||1152|
The Knot surveyed 18,000 couples who were married in 2015.
- The average engagement ring price was $5,871.
WeddingWire surveyed 6,000 couples who were married in 2015.
- The average engagement ring price was $4,758