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What Should I Expect To Pay For An Engagement Ring?

What Should I Expect To Pay For An Engagement Ring?

If you are wondering what most people spend on the average engagement ring, as a rule of thumb, most people spend about 3 months’ salary. The average engagement ring can cost anywhere from $4,500 for something pretty decent, $7,500 for something very nice, and for over $10,000, it is usually something extremely nice and first-class.