Don't let anything dull your sparkle!

This section doesn’t currently include any content. Add content to this section using the sidebar.

Image caption appears here

Add your deal, information or promotional text

How Much Should I Spend on an Engagement Ring?

How Much Should I Spend on an Engagement Ring?

So you’ve found the love of your life and you’re ready to pop the question but before you start shopping for the perfect engagement ring, you’d like to determine your budget. How much should you plan to spend? Of course the answer to this question is as varied and unique as the diamonds you’ll buy but once you’ve set your budget, we’re committed to helping you find or create the perfect ring within those parameters. 

Many stores claim that traditionally, two to three months salary is the appropriate amount to budget for an engagement ring purchase. But at State St. Jewelers, we know that circumstances vary from couple to couple and there really isn’t a hard and fast rule for finding that magic number. Engaged couples will face new temporary and extended expenses as they start life together so we suggest asking yourself the following questions before setting your budget: 

  • What is my current salary?
  • What are my current expenses?How far out will we plan our wedding date?
  • What, if any, wedding expenses will I need to cover?
  • What, if any, honeymoon expenses will I need to cover?
  • What, if any, moving expenses will I need to cover?
  • Taking these questions into consideration, what will my expendable income be?

At State St. Jewelers, we offer both financing and layaway options but knowing what you can plan to spend over all and/or on a monthly basis is an important first step when shopping for an engagement ring. Once you set your budget, our jewelry experts will help you find just the right size, shape, color, clarity, and setting that will make her smile without blowing your financial goals. Our Real Pricing for Real Life promise means that we are committed to helping you get started on the right foot!

What are some ways to save money on an engagement ring?

Diamonds are graded based on the Four C’s: cut, color, clarity, and carat weight. Considering different diamond shapes can give you the look of a larger diamond while saving on the actual carat weight and our GIA-trained jewelry professionals are skilled at adjusting each of these factors to help you find the right diamond within your budget. 

Bringing in gold and jewelry for trade-in value can also help with the final cost of your ring. 

If you think you might be interested in upgrading your diamond in the future, our Lifetime Upgrade Policy allows you to exchange any diamond purchased at State St. Jewelers for 100% credit less sales tax for any replacement diamond of at least 2x or greater value as long as the diamond is in original condition and accompanied by any laboratory grading documents. 

Sometimes  a diamond just doesn’t fit your budget or lifestyle, and that’s okay. We’ll be happy to help you find a beautiful and durable gemstone option to create the perfect ring. We believe every budget and every engagement deserve exceptional and personalized service from experts in the field. That’s why we’re committed to helping you find the perfect ring within your budget.