How Much Should You Spend on Wedding Rings?

Wedding ring costs can range from as cheap as $100 to as expensive as $10,000 so there definitely should be a band that fits your ideal price while at the same time being the perfect ring that represents your relationship! The price ranges are definitely quite wide, and average costs throughout the years have fluctuated in huge amounts! In 2018, $7,829 was the average cost of wedding bands amongst couples. By 2019, the wedding ring price had decreased immensely and remained at $510 for males, and $1,100 for women, then shot back up In 2020, amounting to a $3,576.

As you can see, the amount couples are willing to spend on wedding rings greatly vary each year. Considering that the past two years have been greatly affected by the pandemic, it's no surprise that other adjustments in your wedding plans would have to be made, giving you and your spouse the opportunity to spend more on the one ring that signifies your happily ever after.

Before even thinking about what kind of ring you and your partner have settled on, make sure you’re both aware of your financial situations to help narrow down your options to a specific budget! Average spend for wedding rings is usually 3% of the wedding budget, while average engagement ring cost is higher up at 14%. However, many others highly recommend allotting 2-3 months salary for your wedding rings and engagement rings budget.

With the kind of budget you have, what are your expectations? The popular option of a diamond ring with a white gold or yellow gold wedding band may be a bit over budget for most, but what are your alternatives? Many precious metals have proven themselves more than worthy of your consideration, especially ones that are a little more merciful on the wallet, but if intricately designed matching wedding rings are precisely the rings you’ve dreamed of, then by all means set your expectations there!

How much would you like this ring to mean to you? Considering that its your wedding ring of all things, we’d assume the rings’ symbolism and meaningfulness is something that is worth your thoughts. If your love language involves putting a lot of careful thought into your gifts, you may want to look into doing a tad bit of research to know exactly what your gemstones and metals have symbolized throughout history. Diamonds aren't the only precious stones that can symbolize a strong bond!

Made with a tungsten-carbide base, our Sunken Artifact Glowstone Ring is an affordable band inlaid with copper pieces and crystals of strontium aluminate, making it possible to shine a bright aqua blue when charged by a UV light. Its comfort fit makes wearing a ring easy and hassle-free, and its durability and scratch resistance gives you the perfect opportunity to flex your marital bond in the everyday.

Carefully handcrafted with authentic muonionalusta meteorite that quite literally are out of this world, our Meteorite Ring with Real Gold Liner guarantees distinction and individuality at its finest. It is available in yellow, rose, and white gold. Each ring produced is original and truly one of a kind, as the pattern it displays is nothing but organized chaos on the oldest known meteorite discovered. Meteorite Engagement Rings have several Pros and Cons and you will want to make sure to review those before purchasing one.