How Much Should You Spend on an Engagement Ring?

For decades, engagement ring spending has been framed by formulas - one month’s salary, two months’, sometimes even three. But modern couples are rewriting those rules.
Today, the question isn’t “How much should I spend?” It’s “What feels right for us?”
There is no fixed number, no requirement, and certainly no expectation. A meaningful ring is defined by intention, craftsmanship, and how it feels on the hand - not the size of a receipt.
This guide offers a calm, grounded way to approach budgeting for an engagement ring, and how to understand value in a modern, considered way.
There Is No “Right” Amount - Only the Right Approach
The average engagement ring cost in the UK varies widely, and averages can be misleading. What matters is choosing a piece that feels aligned with your relationship, your priorities, and your values.
A thoughtful approach considers:
- What feels comfortable financially
- What design suits your partners style
- What materials matter most to you both
- Whether the ring is handcrafted, bespoke, or ready-to-wear
An engagement ring is a symbol - not a number.
Redefining Value: What You’re Really Paying For
When you invest in an engagement ring, you’re investing in elements that hold their worth differently.
1. Craftsmanship
A ring shaped by hand - rather than mass-produced - carries a different kind of value. Time, skill, and care are built into every stage, from stone setting to polishing.
2. Materials with integrity
Recycled gold, traceable gemstones, and lab-grown diamonds offer conscious choices that don’t inflate cost unnecessarily.
3. Emotional worth
Perhaps the most important factor. A ring becomes part of your partner’s daily life. The moment they receive it - and the memories it holds - often matters far more than carat weight.
4. Longevity
A ring made to last a lifetime, with complimentary cleaning, resizing, and repairs, offers long-term value that transcends the initial price. A ring isn’t expensive because it follows tradition; it’s valuable because it’s chosen with intention.

How to Set a Budget Without Pressure
Instead of fixed rules, consider these gentle guidelines:
Start With What Feels Comfortable
Choose a budget that fits naturally into your life - not one that causes stress.
Prioritise What Matters Most
Is your partner drawn to:
- A modern lab grown diamond?
- A unique gemstone?
- A handcrafted bespoke design?
Let their style guide your choices
Be Open About Alternatives
Sapphires, salt-and-pepper diamonds, grey diamonds, champagne tones, and lab-grown diamonds offer exceptional beauty at a range of price points.
Use the Budget as a Framework, Not a Limitation
A well-designed ring doesn’t need to be large to feel significant. Balance proportion, character, and comfort - the elements that will matter every day.
What Does an Engagement Ring Cost in the UK?
There is significant variation, but most couples find themselves in a range that feels comfortable rather than prescriptive. Because we work with recycled materials and create pieces in-house, many of our rings offer meaningful value without compromising craftsmanship. A bespoke design also allows you to set your budget first, then shape the ring around it - a calm, collaborative process where every choice is transparent.
When Bespoke Offers Better Value
A bespoke ring isn’t necessarily more expensive - it’s simply more intentional.
You can choose:
- The exact stone
- The metal
- The proportions
- A style that suits your budget
- A design made once, and only once
This ensures that every element aligns with what matters to you - financially and emotionally. A bespoke piece becomes a modern heirloom, crafted with care rather than dictated by convention.

Why the Old “Salary Rules” No Longer Apply
The “two-month salary rule” was invented by marketing campaigns in the mid-20th century — not by tradition, not by romance, and certainly not by modern values.
Couples today prioritise:
- Conscious materials
- Meaningful design
- Financial wellbeing
- Pieces made to last, not impress
Your ring should reflect your relationship - not an outdated spending rule.

A More Meaningful Question to Ask
Rather than “How much should I spend?” consider:
- What feels right for us?
- What will my partner love wearing everyday?
- What materials and craftsmanship align with our values?
- What story do we want this ring to tell?
When approached this way, choosing the right engagement ring becomes a moment of clarity rather than pressure.
A Ring Chosen With Intention
The most meaningful engagement rings aren’t defined by cost - they’re defined by care. Whether crafted in recycled gold, set with a lab-grown diamond, or shaped through our bespoke service, the value lies in the thought behind it.
Choose a budget that feels comfortable. Choose a design that feels true. Choose a ring that will carry your story forward. The rest will fall into place.














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