Engagement Ring Calculator

Ring Budget Calculator

Are you trying to work out how much to spend on her engagement ring?

Feel free to use our Engagement Ring Calculator.

Engagement Ring Budget Calculator

Please note that the amount generated by the calculator is only a suggested projection based on our 30 years of experience in the market and is not a definitive amount.

What is the average cost for an engagement ring?

Based on www.theknot.com poll, the average spend for an engagement ring in 2015 was approximately $5,800. The price has probably gone up in 2017 and we estimate that the average is about $6,800.

How much to pay for an engagement ring?

Holding Engagement Ring in Hand There are already a few payment systems that are already in place that define the traditional way that couples decide how much to pay. These systems have been made public by most of the big bloggers and websites that talk about budgeting for your engagement ring.

We’ve incorporated some of the best parts of the existing formats into our calculator calculations above. We also added a lot more factors to make the calculations more accurate and direct.

Our hope is to eliminate the current out-dated budget systems and instead to create a tailor-fitted budget scheme that better fits each couple and their lifestyles.

Here are the popular core existing systems:

3 months salary
2 months salary
1 month salary
Average cost
The price of a car

What if I can’t afford to buy a ring?

If you can’t afford to buy a ring, don’t buy a ring. It’s that simple. The engagement ring may be important and a monumental event, but it’s not a good reason to put your self in debt.

If you can’t afford it, wait. If you have excessive debt, wait.

If you can’t afford an expensive ring and only have a limited budget, buy a more affordable ring.