The size of the average diamond ring
There is no single entity or source that keeps track of the average size of the diamond ring worn by engaged people (and that’s understandable because it doesn’t look like a question you would put on the census form). This means what will discuss here will be part of a longer range instead of an exact figure.
Depending on the source of your data, the average diamond ring’s weight (excluding the metallic part) in the U.S. is between 1.2 and 1.08 carats.
A USA Today survey conducted in 2014 found that the average weight is just over 1 carat for the central stone and about 2 carats for the whole ring. These weights take into consideration other stones such as gemstones and additional diamonds and those used in halo scenarios.
Surveys continue to show that lovers outside the United States prefer low carat weight rings. Such is the case with the U.K., whose average ring weight is in the region of 0.6. Fast east countries like Japan and China, where diamond culture isn’t as profound as it is in the U.S., have even lower carat weight.
The average carat weight varies quite widely in the U.S.A. and depends on where you ask in the country. Large metropolitan areas like Los Angeles and New York report significantly larger average sizes compared to smaller cities.
Age also has a bigger say on the size. Although the national average lies between 1.2 and 1.08 carats, millennials don’t spend lavishly on diamonds like their older counterparts. As such, the average carat size among the young folks is lower.
So, basically, there is no absolute figure when it comes to the average diamond carat weight – instead, the stones used in rings vary quite considerably based on such factors as location and age.
If you are looking for a diamond ring that is close to enough to the average carat weight, you will find some useful insights here. It includes everything you will need to find a quality ring that falls within your budget, also the mistakes that many buyers make when selecting the perfect engagement diamond ring.
So, how much should a person spend on a diamond ring?
In the same way, there is no absolute weight average carat weight, and there is also no specific amount of money you can spend on a diamond ring.
A survey published in the U.S.A. Today in 2014 showed that couples spent an average of US$5,598 on their engagement ring – and that was for 2014 only! Two years earlier, in 2011, the average spending on diamond rings was US$5,095. This variance shows that couples are more inclined to spend more on diamond rings during a strong economy than during a recession.
While the average spending on diamond rings is a useful statistic, it is important to consider the context. The same thing we said about the average carat weight of the diamond, the average spending on the ring is also dependent on age, location, and the average income of the buyer.
Rather than aiming for a ring that is larger than average, it is better to emphasize on buying the best diamond ring that falls in the margins of your budget. Hence, it only makes sense to consider your financial situation as well as your fiancé’s needs, then determining how much money you can afford to pay for the best diamond ring available.
One of the worst mistakes many buyers make is trying to adhere to the budgeting “rules” that they read in advertisements or magazines, such as creating a plan with a given number of months that are worth their salary for an engagement ring. If you consider the obvious fact that these so-called “rules” are made by jewelers and marketers, you quickly realize that they are not in your best interest.
A few additional tips about carats
Carat Total Weight (or CTTW) – More often than not, few pieces of diamonds are put on the same ring. If you measure all the diamonds on a ring or any piece of jewelry, you end up with the CTTW. So, when shopping for an engagement ring or any other jewelry with diamonds, be sure to ask about the weight of each piece of a diamond contained therein.
Band size influences the look of the diamond’s carat – If you select a thin band, you will create a perspective that will make the diamond appear bigger. The best and popular band that can let you achieve it is the pave. The pave features several small diamonds.
Last words
What is the average diamond carat weight? There is no single entity or source that keeps track of the average size of the diamond rings. And because there are so many variables to deal with, it is difficult to arrive at a single value. Instead, the average diamond carat weight occurs in a range that is dependent on an array of factors. One of these factors is the location. America has a larger average diamond carat weight than the rest of the world. Countries in the far east don’t value diamond much, so the average diamond carat weight is significantly low. Even in the U.S.A., such factors as the age and location within the country have an influence on the average.