HOW MUCH SHOULD YOU SPEND ON A WEDDING RING IN 2023

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.

HOW MUCH SHOULD YOU SPEND ON A WEDDING RING?

The amount you should spend on a wedding ring will vary according to your own personal preferences and other financial considerations, including:

HOW MUCH SHOULD YOU SPEND ON A WEDDING RING?

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.

PERSONAL BUDGET

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.

PERSONAL BUDGET

Many couples prefer matching the wedding ring and engagement ring for a coordinated, cohesive look.

ENGAGEMENT RING STYLE AND DESIGN

This may mean matching metal type and quality, incorporating diamonds or gemstones, or matching the overall style for an elegant set.

ENGAGEMENT RING STYLE AND DESIGN

This can be tricky with very unique engagement rings, and can increase the wedding ring cost.

ENGAGEMENT RING STYLE AND DESIGN

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.

JEWELRY PREFERENCES

This is especially critical as the ring will typically be worn every day and for all occasions.

JEWELRY PREFERENCES

The overall metal type, stone use, and ring size should match the wearer’s jewelry preferences.

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.

DAILY PRACTICALITY

Consider the wearer’s work, hobbies, exercise habits, and other activities when choosing a wedding ring to ensure it can be comfortably worn.

DAILY PRACTICALITY

The trendier a ring design is, the more expensive it is likely to be because of the hot commodity of the design.

TRENDINESS

Choosing a more timeless, classic style can be less expensive and may be a better option over many years, as trends will come

TRENDINESS

and go and a very trendy design could look outdated before too many anniversaries have passed.

TRENDINESS

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.

NUMBER OF RINGS

Consider whether the rings will match one another, and be sure to match both designs to the preferences of the person wearing each ring.

NUMBER OF RINGS

There is no hard-and-fast rule for how much is an “appropriate” amount of money to spend on a wedding ring.

NUMBER OF RINGS

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.

NUMBER OF RINGS

Learn more about how to organize a dream wedding and not go crazy