Buying an engagement ring has become such an entrenched part of modern culture that it’s become quite difficult to buck the trend.
One of the first things you may hear when starting out on your diamond buying journey is to decide on a budget before anything else.
The diamond business of course wants you to spend as much as you can afford. The diamond industry has been quite successful in hammering home the idea that 2 months’ salary should be a ball park figure. I have been told that plenty of people have fallen for this marketing mantra.
While picking the perfect ring style is no doubt one of the top concerns how much you should spend is definitely going to take central place in your thoughts fairly early in the diamond hunt.
Whether you’re still thinking about popping the question yourself or are eagerly waiting for your significant other to do so, you have no doubt concluded that there’s no easy answer to question, “How much should be spent on a diamond ring?”
Everyone has different circumstances, and some people will opt for a lab diamond to get more bang for their buck.
Interestingly the geography seems to have a marked effect on a person’s spending. There seem to be different ideas as to how much one should spend on a diamond ring depending on where a person lives.
In this article, I’ll take a look at the states that spend the most on engagement rings at Blue Nile and which ones spend the least.
Blue Nile plays a part in more than 20,000 proposals per year.
That’s a lot of love!
With that number of engagement rings sold, they’ve discovered a thing or two about the engagement ring buying process.
From how much residents in each U.S. state spend on a ring to the type of rings that are real crowd pleasers, here is some of the number-crunching Blue Nile has shared which may shed some light on what is being spent on engagement rings in the area you live.
Which States Buy The Most Expensive Engagement Rings?
1. Vermont – $9,329
Vermont shows up as the state with the biggest spenders engagement rings according to this year’s data.
Residents living among the rich New England landscapes are spending on average $9,329 on their diamond rings. With plenty of rustic-chic wedding venue options in the state, I wouldn’t be surprised if Vermonters also top the list for spending the most on a venue. But I digress.
2. Washington D.C. – $6,810
In Washington, D.C. people are spending an average of $6,810 for their engagement ring, according to data reported by Blue Nile.
I can also reveal which were the most popular ring choices for people in this region.
3. Nevada – $6,660
Blue Nile data shows that residents of Nevada are spending on average $6,660 on engagement rings. Interestingly the most popular ring purchased on Blue Nile from people in and around Las Vegas is the Classic Simple Solitaire Engagement Ring in 14k White Gold. This ring is actually quite a smart choice. It is a versatile design and allows you to choose any shape of diamond you want!
4. Colorado – $6,639
The engagement ring spend in the Centennial State averaged a decent $6,639. Dwellers of Denver also most often chose the Classic Simple Solitaire Engagement Ring in 14k White Gold, adorning it with a center stone in the carat and shape of their choosing.
5. New Jersey – $6,631
Beautiful beaches are not the only thing you’ll find in New Jersey. There are plenty of beautiful engagement rings too. The average spend on an engagement ring from Blue Nile here is $6,631. The data also revealed that the most popular ring choice in this state was the Petite Micropavé Diamond Engagement Ring in 14K White Gold, which comes with a stunning half-circle of petite micropavé diamonds to frame your choice of center stone.
While the above statistics are from one retailer alone, they are taken from a pretty big sample. At the very least this gives us a basic idea of some of the spending habits around the country.