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Article: How Much Should You Spend on an Engagement Ring?

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

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.

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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