How much should you spend on an Engagement Ring?

How much should you spend on an engagement ring?

Are you thinking of popping the big question soon? One of the first thoughts in your head is probably:

"How much should I spend on the ring?"

This is often more emotional than a rational decision. Only spend as much as you can afford experts advise.  The old rule of thumb was to spend 2 months salary on the engagement ring which is outdated. 

In 2018 the average Engagement Ring purchase price in the United States is $6351.

South Dakota is $4832

North Dakota is $5436

Minnesota is $5630

Iowa is $8150

Wisconsin is $8766 (WOW!)

Shop Engagement Rings



Getting Engaged and The Process 

We are seeing a lot of couples talking about the process and design together.

The expectations are different for every couple, some are getting engaged in college, while others are waiting until after college so they can afford a larger/designer ring.

Some clients will never upgrade their ring and some want to change it every few years.  

We have clients that purchase the engagement ring, diamond, and wedding bands together. For them, it is a "together purchase" and makes no sense for them, that one person would pay more than the other for their wedding rings. 

Real people are being creative and making this work for the budget they have.  Arthur's Jewelers works with every budget from a couple hundred dollars to thousands.






Engagement Ring Event

Join us for one incredible week!

Our showroom will be packed with so much sparkle!  ✨ 

Over 4 top designers are bringing their best rings to Arthur's Jewelers for one week only!  Shop and try on extraordinary pieces.

Take advantage of the biggest savings to-date!

Grab your friends or significant other and head to Arthur's Jewelers for the Engagement Ring Event!


Exclusive Deals Sign-Up

Use this form to register your email address so we can send you exclusive deals