
"You're scrolling Instagram when you see it: your cousin, co-worker, or college roommate, beaming next to her partner and flashing her hand with a huge engagement ring. Cue the inner monologue: "Wait... How many carats is that?" Sure, your first thought might be "Aw, love!" But five seconds later, you're calculating: Is it lab-grown? Is it moissanite? What did that thing cost?"
"I really wanted to get married, and my partner was unsure. I picked out the ring myself, and a few weeks later, we went back together. He was nervous; I was excited. He didn't want to get engaged at the time, but I was like, 'This is such a great price, you have no idea!' Initially, I looked at a style that was yellow gold with diamonds ($4,500), and I had it made in white gold with sapphires ($2,150)."
Forty-four women provided engagement ring cost data that averaged $6,988, with reported prices spanning from $40 to $22,000. The most common reported price range was $2,500 to $5,000. Most respondents said their partners paid for the jewelry. Thirteen women's individual ring stories are included, detailing styles, who paid, ages at engagement, and exact costs. Examples range from inherited diamonds appraised at $20,000 to nontraditional gemstones such as rubies and sapphires. One example describes a hexagon-cut 0.8-carat sapphire in white gold with baguettes that cost $2,350 and involved a split payment.
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