Getting engaged is pretty magical––there’s nothing quite like asking the person you love to marry you. But with so much pressure these days for an Instagram-worthy proposal, the details can get confusing.
So you know you want to propose––how much do you spend on the ring?
The most important factor is your fiancée’s preferences. 75% of first-time brides receive a diamond ring, but 25% choose something else. The average carat size for the center stone in a ring is less than one carat, and Americans spend anywhere from $2,807 to $3,576.
Shockingly enough, 28% of women would turn down a proposal if they hated the ring. Maybe they view it as a symptom of bigger problems in the relationship?
You’re not done spending once you find an engagement ring. Wedding bands typically cost around $2,100, although you can find them for much less. The width of a wedding band typically depends on the size of the engagement ring.
Finally, $72 billion is spent just on weddings every year in the U.S. Whew.
Deciding when to have your perfect day? Check out our post on the most popular seasons to get married. Happy planning!