Whenever a woman gets engaged, there?s always a big fuss surrounding her engagement ring. People want to see it, they want to know how her partner proposed, and (even if no one asks you outright) they want to know how much it cost. After all, this ring represents the love between the affianced couple; it just has to be worth a huge chunk of change.
There has been much hemming and hawing about the cost of engagement rings over the years?and if you?re planning to propose, you probably know that everyone has a different opinion. Some people tell you to keep your costs as low as possible. Others claim that money?s no object, and your only limit is how much you love your partner. And others still insist that you need to spend at least two month?s salary on that rock. But what is the real answer" How much money are you actually meant to spend on an engagement ring" The short answer is simple: it depends on your financial situation. But just for fun, let?s take a look at the various costs of popping the question.
The Average Cost of an Engagement Ring in the United States
It?s incredibly difficult to nail down a standard cost for engagement rings because the average ranges from place to place. Even in the United States, average costs vary wildly; couples in Mississippi spend just under $2,800 to show their love and commitment, while the average Californian proposes with a ring that costs just over $9,800!
These massive discrepancies are most often due to average income ...