How much does the average natural diamond engagement ring cost?

The median price of a natural diamond engagement ring is $5608.

The minimum, 25th percentile, median, mean, 75th percentile, and maximum sales prices for natural diamond rings bought using our site are reported in the table below.

Diamond TypeYearMin25thMedianMean75thMax
Natural2019$510$3095$5608$6695$8802$43301
Natural2018$546$3523$5530$6964$8698$87902
Natural2017$639$3314$4848$5583$7000$32970
Natural2016$739$3295$5575$5919$7120$25382

We summarized sales price data for natural diamond jewelry bought from James Allen using our site. Sales below $500 were excluded because they were most likely wedding bands. This price data above also includes sales of earrings, necklaces, and loose diamonds. However, these items are a small minority of the sales and cost less than a complete ring; therefore we are presenting a conservative price estimate for a diamond ring.

The engagement ring price distributions are visualized in the box-plots below. They are right-skewed, so the median is a better summary statistic than the mean. The median price for a natural diamond engagement ring has been consistent over time for users of our site.

For lab-created diamonds, see our companion article about the average cost of a lab-created diamond ring.