How much to spend on an engagement ring?
Tradition versus modernity
For years, the "two-to-three-salary" rule has been used as a guide to budgeting for an engagement ring. This myth originated in the United States in the 20th century thanks to advertising campaigns. Today, rigid rules are increasingly being abandoned, and the budget is set realistically – according to the couple's own financial capabilities and priorities.
How much do they spend in different cities around the world?
New York – The average price of a ring is around $6,000–7,000. Larger diamonds, often weighing 1.5–2 ct, are in fashion, as are designer settings from luxury brands.
London – British couples spend an average of £3,000–4,000. Classic solitaire rings are popular, but more and more people are opting for sapphires and emeralds.
Paris – the average price is around 4,000–5,000 euros. Parisian women tend to choose subtle, vintage, or Art Deco jewelry, which is less conspicuous than American rings.
Polish perspective
In Poland, the most common budget is PLN 2,000–5,000. High-end rings start at around PLN 7,000, although more symbolic choices start at PLN 1,000.
The latest trends in 2025
- A conscious choice – a smaller, but quality diamond (G color, SI1 clarity).
- Lab-grown diamonds – cheaper and ecological, increasingly popular.
- Personalization – individual designs, engraving, custom frames.
- Colored stones – tanzanites, sapphires and rubies – are gaining importance.
How to approach the budget?
The most important thing is that the ring is not a financial burden, reflects the bride's style and brings joy, not stress related to the costs. Michelson Diamonds experts advise to treat it not as an expense "according to the rule", but as an investment in a symbol of love - in accordance with your possibilities and your heart.
