While average costs can be a guide for wedding ring prices, there are beautiful, thoughtful wedding rings available at all price points to match any couple’s budget.
The amount you should spend on a wedding ring will vary according to your own personal preferences and other financial considerations, including:
Consider your own income as well as other large expenses such as the costs of the wedding itself, loan payments, credit card debt, living expenses, and savings plans when determining how much to spend on a wedding ring.
Also consider that a large, elaborate, expensive wedding ring may mean starting a marriage in considerable debt, which may not be a desirable beginning for a budget-conscious couple.on.
Many couples prefer matching the wedding ring and engagement ring for a coordinated, cohesive look.
This may mean matching metal type and quality, incorporating diamonds or gemstones, or matching the overall style for an elegant set.
This can be tricky with very unique engagement rings, and can increase the wedding ring cost.
Just as with an engagement ring, it is important to match fashion preferences with the wedding ring to ensure it will become a favorite piece of jewelry.
This is especially critical as the ring will typically be worn every day and for all occasions.
The overall metal type, stone use, and ring size should match the wearer’s jewelry preferences.
Because a wedding ring is intended to be worn year-round and during many different activities, it is important to ensure the design is a practical one that will not be damaged by regular actions.
Consider the wearer’s work, hobbies, exercise habits, and other activities when choosing a wedding ring to ensure it can be comfortably worn.
The trendier a ring design is, the more expensive it is likely to be because of the hot commodity of the design.
Choosing a more timeless, classic style can be less expensive and may be a better option over many years, as trends will come
and go and a very trendy design could look outdated before too many anniversaries have passed.
Couples shopping for a wedding ring need to consider not just the cost of a single ring, but of both rings – one for the bride and one for the groom – if both individuals will wear a wedding ring.
Consider whether the rings will match one another, and be sure to match both designs to the preferences of the person wearing each ring.
There is no hard-and-fast rule for how much is an “appropriate” amount of money to spend on a wedding ring.
In general, wedding rings are typically one-third to one-half the cost of an engagement ring, but this is not a definite figure and wedding rings at all price points can be beautiful symbols of a couple’s union, no matter what their budget.