engagement ring setting cost

Set A Budget

One of the first steps in choosing
an engagement ring is dictating
the budget.

Get Best Value For Your Money

You're on our website, this is a great start!

When choosing your engagement ring, a great starting point is your budget. Despite the figures many claim as the expected amount, there are no rules or guidelines. Everybody is different. The most important thing is that you are comfortable with how much you are spending. Once you have decided on your price range, Diamond Exchange will ensure you get the best value for money when choosing your diamond engagement ring.

We offer diamonds and ring designs at most price points, so finding engagement rings on a budget is not a problem. Whether budget engagement rings are your focus or not, it is important to have an understanding about the factors that affect price. Our buying guide is here to help you with this, or you can contact us directly if you would like to talk to one of our consultants.

Diamond Quality

For a truly beautiful diamond, we recommend it fits within the Diamond Exchange recommended quality range. Choosing a diamond at the lower end of this scale will maximise your budget while still sparkling brilliantly.

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Diamond Shape

Because 75% of engagement rings feature round brilliant cut diamonds, the demand for them is much higher than for fancy shaped diamonds and so cost more. We suggest you consider a non-round diamond, such as a cushion or oval shape, to maximise your budget.

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Ring Design

To get the most out of your budget, think about the style of your ring. While a single diamond solitaire ring can be simple and elegant, a smaller centre stone with a halo of diamonds around it can create a bigger and more contemporary look for the same price.

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Precious Metal

A less expensive metal can reduce the amount you spend considerably. Consider white gold instead of platinum for the same look but at a lower price. Yellow and rose gold are also affordable options.

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Know How To Spend Your Money

Engagement rings last a lifetime and are not only an important decision but also a serious investment. We offer the highest quality at the best possible prices, so you will already get the most out of your budget with Diamond Exchange. However, there are ways to maximise the amount you spend so that you find your perfect ring.

Create Your Own Diamond Ring

Follow our simple three-step process and you can create the
exact diamond engagement ring you've been dreaming of.

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Search For A Diamond

Explore our vast range of certified diamonds.

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Our Collections

Discover the range and personalities
of the Diamond Exchange Collections.

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