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Engagement Ring Average Spend is Rising

UPDATE: Engagement Ring Average Spend is Rising

Online wedding brand The Knot has released the results of its 2017 Jewelry & Engagement Study. The biannual report surveyed more than 14,000 engaged or recently married brides and grooms from the U.S. to uncover proposal-related trends in America.  Their finding is “Engagement Ring Average Spend is Rising.”

“We’re seeing proposers put more time, thought and effort into creating the perfect proposal, as well as an engagement ring they know their partner will love,” said Kristen Maxwell Cooper, editor-in-chief of The Knot. “And while proposals are less of a surprise than in years past, there’s an uptick in grooms returning to time-honored traditions, like proposing with the engagement ring in hand and getting down on one knee.”

Here are some of the key findings:

  1. Engagement Ring Average Spend is Rising: $6,351 (up from $5,095 in 2011)
  2. Average time spent looking for ring: 3.5 months
  3. Average number of rings looked at before purchase: 26
  4. Engagement rings with a custom design: 45%
  5. Most popular stone cut: round (52%)
  6. Average carat size for center stone: 1.2 carats
  7. Average carat size for total ring: 1.8 carats
  8. Most popular engagement ring setting metal: white gold (61%)

The study found that one in four grooms “meticulously” planned their marriage proposal “down to the last detail.” The average time spent planning a proposal was just under four-and-a-half months.


Joseph R. Villarreal, G. G. (GIA)

 “Your custom diamond engagement ring specialist”  


At Villarreal Fine Jewelers, we have cultivated a loyal clientele that appreciate and share the ethos of beauty, quality, innovation and excellent customer service. Offering the guidance of Head Gemologist Joseph Villarreal and Jewelry Designer Malcolm Brown, it is no accident that Villarreal Fine Jewelers has become Austin’s most trusted jewelry professional.

Creating custom jewelry and helping couples choose the perfect engagement ring is our greatest passion. Our custom jewelry design service enables the discerning client to purchase unique jewelry tailored to their precise specifications and we also have an extensive range of quality Diamonds, Emeralds, Rubies and Sapphires in stock to choose from. We provide our clients an unforgettable experience by offering professional advice and attention to detail to make sure you end up with the engagement ring of your dreams!

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