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How Much Should You Spend On An Engagement Ring?

The old adage about spending three months’ salary on your engagement ring is nothing more than that—and old adage that doesn’t necessarily line up with your priorities, needs or personal budget. (And that, after all, is what’s important.) And while it may be helpful to know that the average engagement ring cost in the United States is $5,900 according to a survey conducted by The Knot, what really matters is that Blue Nile offers incredible values and engagement ring prices that suit your comfort zone. Our experts are passionate about helping you make the most of every dollar whether your ring is $1,000 of $10,000.

We know from working directly with millions of customers and conducting surveys of our own, that there’s a tremendous amount of anxiety around saving up for and financing an engagement ring—especially among Gen Z and Millennials. So with that in mind, we’ve partnered with a savvy financial expert and put together tips that can help you smartly budget and save.

 

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