US EditionConsumers Spend an Average of $5,500 on Engagement Rings – Survey
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Consumers Spend an Average of $5,500 on Engagement Rings – Survey
US consumers shelled out an average of $5,493 on engagement rings, according to a recent survey by the Plumb Club, up 2% from the previous study in 2023. Some 29% of respondents said they laid out between $2,500 and $5,000 on their ring, while 21% bought them for $5,000 to $10,000. Only 13% spent more than $10,000, while 37% dropped $2,500 and below, the jewelry-supplier organization, which conducted the survey with Paola Deluca of The Futurist…
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