Diamond rings are beautiful, but they could be quite costly. The average cost of a diamond ring could cost you an average of $3,000 to $6,000, depending on the 4Cs (Carat Weight, Clarity, Color grade, and Cut). In some cases, other people perceive diamond rings to be a great investment. There are a ton of Dallas wholesale diamond rings that you could get, but how much do diamond rings cost in Dallas?
How Much Does the Band of the Ring Cost?
There are a lot of options for the wedding band, ranging from metals like gold and platinum. Gold is actually the most common metal that people typically use for their diamond engagement rings, which like diamonds, are measured in carats.
The most expensive kind of gold band is the 24 karat gold. It comes in a lot of varieties like yellow, rose gold, and white. Nothing is really much different from each of them but the style that you prefer. The average price range for the gold diamond rings is between $109.00 to $139.00.
How Much Should You Expect to Pay for a Diamond Ring?
A lot of couples typically spend about $4,000 for the diamond centerpiece of the diamond engagement ring, but the rock alone is not what you would usually buy when you are getting the ring, cause it is a ring. According to the study that Jewelers of America made last 2012, there is about an average of $1,000 spent on the band alone, so a diamond ring could really be pricey.
Things to Consider when you are Buying a Diamond Engagement Ring in Dallas
1. Give yourself a budget
The amount of money you should spend on an engagement ring has always been the talk of the town. There are a lot of factors that you should consider when you are setting your budget like:
The amount of money you save monthly is also a huge factor that you are going to have to consider. How much have you currently saved up? When you buy the ring, how much do you already have?
You are going to have to consider your lifestyle, like how much you spend on food, your bills, and if you have any debt that you are currently paying.
● How much you make right now
The first thing that you need to consider when considering buying an engagement ring is how much you are earning per month.
You have to somehow find the line between the budget you had set for yourself and the expectation that your partner has with their dream engagement ring. There will always be a way to compromise and find the middle ground.
Going into debt for an engagement ring, no matter how tempting it may be since we all want to spoil our partners somehow, is not a good idea. You could always just save up once you are married and buy them their dream diamond engagement ring once you both are not in a compromising position.
2. Choose the centerpiece of the engagement ring
There are a lot more centerpieces for engagement rings, though it is not a question that diamonds are what most people prefer. You have a huge choice, from sapphire to ruby, the possibilities are endless.
3. Know their ring size and their taste
Though you could always go back to the jeweler and resize the ring, you would want to see the beautiful engagement ring that holds the symbol of your love for your partner, on their finger the moment you bend down on your knee and ask them to marry you.
Not only does the ring size play into factor when purchasing an engagement ring, but you also have to make sure that the ring fits the style of your partner since they are going to be wearing it every day while doing their day-to-day life.
4. Plan your wedding band that would match the engagement ring
While you are looking for an engagement ring, you could also start looking for a possible wedding band that could go with the diamond ring since a lot of people want both of the rings to match.
The cost that you are going to have to spend on a diamond engagement ring in Dallas would depend on how much you could afford. Despite what other people may tell you, you control your budget, depending on your financial situation.