For Once and For All, How Much Should An Engagement Ring Cost?

Engagement Rings, Etiquette
engagement ring etiquette 04

Photo: Caroline Tran

Diamonds are a girl's best friend, so what does that make an
engagement ring? While you ponder that, we'll give you the answer to a tricky quesion—how much should an engagement ring cost? We tossed that question the way of our wedding etiquette experts, who helped nail down a figure in our daily post.

How much is too much to spend on engagement ring?

The answer depends entirely on your fiancé-to-be's financial situation. On average, a guy will spend about $5,229 on the engagement ring, but some guys spend a lot less and some spend a whole lot more. (Justin Theroux, for example, forked over about half a mil on Jennifer Aniston's rock—hello!) As a rule of thumb, most jewelers suggest that men shell out about three months of their salary. But if he's heavily in debt or concerned about his job security, he may want to scale back. Worried your boyfriend will be tempted to go overboard? Slip your opinion into a casual conversation. Try something like "You know, Jen was just telling me the other day that she really wishes her husband had spent less on the engagement ring so they could have had a bigger wedding budget to play with. I think some guys are going a little crazy these days. If a woman really loves you, she's also going to love the ring, no matter how much it costs. Honestly, I don't think anyone should spend more than $[fill in the max you want him to spend here], don't you?"

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