How Much Does a 1 Carat Diamond Ring Cost?
In the minds of many diamond buyers, the carat weight of a diamond is one of the biggest factors when choosing an engagement ring. Going with a full carat is a statement: big enough to make an impact and dazzle you and your partner’s friends when you show off that rock. But with dazzle comes the drawbacks: that price tag.
You can expect a relatively inexpensive 1 carat diamond ring to cost between $6,500 to $7,500 in retail stores, while the same diamond ring will only cost about $3,000 - $4,000 online. On the other hand, a high-quality diamond can match the price of a mansion!
Before investing in what seems like the bargain deal, it’s best to dig deeper into the heart of that budget-friendly one carat darling. Size isn’t everything when looking at a diamond’s pricing, and there is almost always a good reason for a low price tag. There’s also the ring setting to consider: your choice of metal, metal purity, band design, and any additional diamonds can all drastically affect the price.