Engagement Ring Calculator
Ring Budget Calculator
Are you trying to work out how much to spend on her engagement ring? You can use our groundbreaking Engagement Ring Calculator and find out.
Engagement Ring Budget Calculator
Please note: The budget that is generated by the calculator is 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.
We believe however, that your budget should not be determined by an average, but rather based on your ability and needs. No one should go into debt in order to pay off their engagement ring.
How much should I spend on an engagement ring?
There are already a few payment systems that are 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.