How Much Should You Really Spend on a Wedding Ring?

Planning a wedding is a challenging, but exciting, process, where budget is one of the main considerations. However, before that all begins, you’ll be looking for an answer to that all-important question—how much money should you spend on a wedding ring?
The answer is actually fairly simple; You should spend as much as you’re comfortable with. However, not many people know how much that should be and what wedding ring will truly get them a good deal. Price also depends on the ring itself, whether it be a more traditional style like this 5mm 14k Yellow Gold Benchmark "Half Round" Wedding Ring or with a non-conventional wedding ring, such as this 18k Rose Gold Valoria Rounded Pave Diamond Wedding Ring.
Metal choice, carat weight, the color and inclusions in the diamonds—all these work to change the price of a ring. They also all work to influence you in your choice of the perfect ring. It’s incredibly important to do your research when choosing the right matrimonial band for your loved one. That’s why we’ve created this guide on how much money you should spend on a wedding ring.
Tacori 41-1.5 Sculpted Crescent Half Eternity Diamond Wedding Ring
Tacori 41-1.5 Sculpted Crescent Half Eternity Diamond Wedding Ring

How Much Do Wedding Rings Cost?

Now, when it comes to rings for engagements or weddings, many buyers have stuck to the traditional rule of either one month’s salary for the wedding band and three months’ salary for the engagement ring (usually containing a larger diamond). This is a pretty traditional perception of price and makes sense for many people. However, this is a rather old-fashioned way of looking at a price point, and doesn’t take into account inflation or market-driven price changes. In this article we will focus on the wedding ring.
In a study by The Knot, they found that in 2019, the average cost of a woman’s wedding ring was $900, while it was $500 for a man. Wedding Forward writes that the average prices for men’s and women’s wedding bands were $1,100 and $510 respectively. What we can learn from these averages is that prices change year to year, and a low average price per year doesn’t necessarily guarantee a high-quality wedding ring.
Honestly, when it comes to wedding rings, it is worth doing a lot of research on specific rings and specific ring retailers, just so you’re getting a good idea of the relative price of what you’re interested in.

How Much is A Quality Wedding Ring?

This is a difficult question to answer, as you can find a fantastic wedding ring such as this 14k Yellow Gold 4.5mm Benchmark European Comfort Fit Wedding Ring, for the smaller price of $690, all the way up to this 18k Yellow Gold Verragio Bead-Set Diamond Wedding Ring, which is priced at $2,800.
Verragio INS-7049DW Bead-Set Diamond Wedding Ring
Verragio INS-7049DW Bead-Set Diamond Wedding Ring
Wedding ring prices will naturally depend upon:

What Should You Consider When Buying A Wedding Ring?

When it comes to buying a wedding ring, there are several considerations that will naturally influence your final choice.

1. Matching Your Wedding and Engagement Rings

For a visually impressive pair, purchasing matching wedding and engagement rings can be the right choice, especially if you’re looking to create a stirring visual narrative. Many singular rings can be paired fairly easily, as the choice of the same metal will usually create a pairing that goes well together.
However, there is actually an easier way of pairing engagement and wedding rings—choosing a pair that’s been designed as a pair. While engagement rings symbolize the promise of marriage, wedding rings show that this promised union has been made complete. When these two are designed as a pair, there’s nothing more powerful.
Most of these sets will be designed to actually fit flush when paired together, with contouring chosen so that these rings ‘hold’ each other while worn. This creates a truly wholesome look, which is one of the best aesthetics to find in two matrimonial rings.
Look at this 18k White Gold Simon G. Passion Halo Diamond Wedding Set, with a stunning engagement ring that features a diamond halo complimenting the center diamond, and a wedding band that features a matching diamond-filled shank. A set like this is a true knockout.
Simon G. MR2132 Passion Halo Diamond Wedding Set
Simon G. MR2132 Passion Halo Diamond Wedding Set

Matching Wedding Sets

Are you looking for a matching wedding set? Look no further.
Here at Whiteflash, we offer a wide and inspiring range of wedding sets that have been designed as a pair, perfect for adorning the ring of your partner. With today’s array of inspiring and artistically unique rings, you’ll have a wide range of options when choosing matching sets. Let us help you choose a matched set, creating an unforgettable pairing.

2. The Durability of A Wedding Ring

Wedding rings are worn every day, becoming as much a part of your hand as your fingers and thumbs. Therefore, you want to purchase wedding rings that will be durable over time, as they will deal with activities like housework, DIY, gardening, outdoor sports, and so many more things that could tarnish them over time.
Both 14K and 18K gold rings are incredibly popular wedding rings, but 14K is the more durable choice, as 18K rings contain a higher percentage of gold (which is what makes them more expensive). However, gold is a naturally softer metal, which will mean 18K rings are more liable to suffer from scratches or dents over time.
For those people who have intense manual jobs or other occupations that find themselves working hard with their hands, platinum may be the right choice of metal as it’s actually more durable than gold, even though it is softer. You can explore our range of platinum wedding rings here.

3. Classic vs. Modern

The classic wedding ring is a wider band made of gold, symbolizing the eternal nature of marriage. However, as time progresses, more and more couples are looking for wedding rings that are a little more unique, more suited to who they are as a couple. Maybe the design represents something to them, or the metal choice links to a certain event in their life?
Some wedding rings have now completely departed from the traditional design, and can look like this 18k White Gold Verragio Beaded Twist Diamond Wedding Ring, an incredibly beautiful example of how wedding rings have developed in their design over time.
Verragio INS-7074W Beaded Twist Diamond Wedding Ring
Verragio INS-7074W Beaded Twist Diamond Wedding Ring
However, there are styles that edify the qualities of both, bringing together what makes classic styles timeless and what makes modern styles unique. Take this 18k White Gold Tacori Simply Tacori Knife-Edge Pave Diamond Wedding Ring for example. With a gold band studded with a knife-edge diamond pave, it’s the perfect choice for those couples looking to marry the past, the present, and the future.
Tacori 2520ET Simply Tacori Knife-Edge Pave Diamond Wedding Ring

How Much Money Should You Spend on a Wedding Ring?

Ultimately, how much you should spend depends on what you’re comfortable with paying, but it will also be influenced by:
  • The karat of the metal.
  • The carat weight of any diamonds included in the ring.
  • The metal choice.
  • How durable you want the ring to be.
  • The overall quality of the ring itself.
Again, we must stress that the final choice is up to you. This is one of the most important purchases of your life and therefore requires the utmost care and attention.

Explore Our Wedding Rings

Wedding rings come in countless styles today, with modern choices including intricate design elements, gemstones, precious metals, and diamonds. They can be simple or incredibly elaborate, and can include wide bands, petite bands, diamond-studded, twisted bands, pave, prong, or bezel. There is truly something for everyone.
So if you’re looking for something that includes paired stylistic elements or something that represents each of you individually, the first thing you need to do is begin looking. Why not start today?
Expand your wedding ring horizons by exploring our range of wedding rings by clicking the following links.

Be Inspired By Our Designer Engagement Rings

Find the perfect Designer Ring for your special diamond by clicking the links below, and let us build the ultimate ring for the love of your life!