Sure, celebrities are known to spend upward of $1 million dollars on an engagement ring, but how much can the average person expect to spend? The answer is, and as with anything else, it varies!

The cost of an engagement ring is dependent on a variety of factors, including the 4C's of the diamond (cut, color, clarity, and carat), the precious metal chosen, the style of the ring, and more. In general, according to 2020 statistics released by The Knot, the average amount spent on an engagement ring is around $5,000.

There are a lot of factors that go into how much you should spend on an engagement ring, but one thing's for sure: $2,000 is a great place to start!

In fact, $2,000 is more than enough to get started. At this price point, you can find beautiful diamond rings that will say everything your fiancé needs to hear without breaking the bank.

At Clean Origin, our Create Your Own engagement rings start at just $792, with settings as affordable as $485. Plus, because all of our stunning lab grown diamonds are made in a lab, you can expect to pay 20 to 40% less than if you purchased a natural diamond allowing you a variety of price points with no sacrifice to style.

When shopping for a diamond engagement ring on a budget it is important to keep the following in mind while searching for your perfect affordable ring.

The diamond engagement ring that has the highest grade available in each 4C category is going to be wildly expensive. With a price point of $2000, you may find that you have to prioritize specific aspects of the ring and compromise on others. Ask yourself what diamond characteristics are the most important to you. For example, if you really want a highly graded diamond cut, would you be comfortable compromising on the diamond's carat weight? Weigh the pros and cons of each 4C to determine what's most important for your intended recipient.

In general, you can expect to pay more for an engagement ring, the more intricate its style. For example, if you look at two engagement rings with the same type of diamond but different styles, the simpler option will be more affordable.

Consider any one of Clean Origin's classic solitaire engagement rings that highlight the natural beauty of the center stone, or maybe it's worth it to browse the three stone engagement rings, which will allow you to maximize bling for less.

Round brilliant cut engagement and wedding rings tend to cost more than other diamond engagement rings, thanks to the round brilliant cut of the diamond. If your bride to be has never been one for a round diamond, why not consider other diamond shapes?

Clean Origin offers a stunning array of diamonds in a variety of shapes. From an art deco inspired emerald cut diamond to a princess cut, pear shaped, and more, these diamond shapes are not afraid to bring the sparkle. Plus, because some diamond shapes have a larger table, they can actually appear bigger than their carat weight, allowing you to make the most of your money for less.

While all precious metals are "precious," not all of them are equal when it comes to cost.

Platinum is the most expensive metal at Clean Origin, this is because platinum is rarer than gold. If you like the look of platinum but don't like the price, consider white gold engagement rings. The white gold metal perfectly mimics the silvery sheen of platinum at a fraction of the cost.

Additionally, Clean Origin offers yellow gold and rose gold engagement rings in 14 karats and 18 karats. Because the gold content is higher in 18k rings, those engagement rings will always be a bit more expensive. Fortunately, there is no visible difference to the naked eye between 14k and 18k gold, so your dream ring will sparkle no matter what.

No matter your budget, Clean Origin can help you find the ring of your dreams. From diamond solitaire rings to halos studded with sapphires, we have something for everyone. Plus, because all of our diamonds are made in a lab, you can expect to pay 20 to 40% less than if you bought a natural diamond. Looking for a perfectly affordable diamond ring? Look no further than Clean Origin.

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