Wedding rings can be substantial investments, and the average cost of a wedding ring varies depending on a wide variety of factors, including:
Gold, platinum, titanium, palladium, etc., as well as overall metal quality.
Diamonds or other gems in the wedding ring and the stones’ quality and carat size.
Wider rings have more metal and are therefore more expensive.
The more intricate the ring, the higher the cost due to increased craftsmanship.
Online retailers may have better prices and selections than brick-and-mortar stores.
If purchased as a set with the engagement ring, the overall cost may be less than if purchased separately.