Here's The Average Engagement Ring Cost in 2023 According to Data

So, how much do people actually spend on engagement rings? The Knot 2023 Jewelry and Engagement Study revealed the average engagement ring cost and more.
The Knot's latest study reveals all.
If you're planning to propose, expecting a proposal soon or you've already started to shop around with your partner, you should definitely have a few things in mind before either of you says yes to an engagement ring. After all, your forever sparkler is both a serious monetary investment and a piece of jewelry you or your partner will wear for life. Not sure where to start? We're here to help.

35 Engagement Ring Trends and Statistics for 2022

Spring color stone rings, lovely shapes, could wear with any outfit - Jewelry

Average Engagement Ring Cost Guide and Tips for 2023

How much does an engagement ring cost?

More couples opt for lab diamond engagement rings

Spring color stone rings, lovely shapes, could wear with any outfit - Jewelry

The biggest engagement ring trends of 2024

Why Upgrade Your Engagement Ring or Wedding Ring — Borsheims

Engagement/Wedding rings! - Jewelry