The net income is a good indicator for defining the budget for an engagement ring. It’s a common opinion that at least half monthly salary should be invested. If the financial situation allows it, one or more full salaries can be invested.
Especially in the United States it’s common to spend large sums on an engagement ring. Most Americans want to make sure that the – obligatory – diamond’s sparkle is well visible on the fiancées left hand. Hence, many follow the unwritten rule of spending at least one full monthly salary on the ring, but just in case two are really not feasible! Three salaries are considered as optimal. US-American jewelers consequently estimated an average sum of 6 000 $ being spent on engagement rings. According to these estimations, this sum doubled compared to 2013.