What Is A Good Amount To Spend On A Promise Ring

Remember often people purchasing promise rings are younger and don t have the financial means to be spending a lot of money mcleskey dolata says.

What is a good amount to spend on a promise ring.

Just like with engagement rings and other jewelry there aren t any specific rules explaining how much you should spend on a promise ring. However it can be given for many different reasons as a symbol of chastity loyalty monogamy friendship or even a promise to oneself to stay clean and sober. In fact 10 percent of ring shoppers are spending under 1 000. How much should a promise ring cost.

Jewelry promise rings typically range from 500 to 2 000. You should spend 2 months salary on an engagement ring. There are no rules or guidelines around how much to spend on promise rings but it s usually significantly less than an engagement ring. If you make 30 000 per year spend 5 000.

Promise rings can range in price from just a few hundred dollars for a simple elegant ring made from gold or sterling silver to several thousand dollars for a promise ring that features diamonds and or other gemstones. But your personal budget should depend on your current financial situation. Our study found that one third of all respondents are spending between 1 000 to 3 000 on their engagement ring. If you make 60 000 per year spend 10 000 on the engagement ring.

While 5 900 is the national average cost of a ring the spend per couple varies.