Frequently Asked Questions

Have questions? We’re here to help.
How much should I spend on an engagement ring?

One of the best ways to figure out how much to budget is to see what other people have spent recently on their own engagement rings. While it helps to ask friends, there are plenty of surveys on the subject. According to one study done by The Knot in 2018 featuring 14,000 couples, the average amount of money spent on engagement rings was $5,680! Based on the history of the study, this amount fluctuates up and down each year

There are a ton of elements that affect the price of an engagement ring more than just the size of the center diamond. What type of metal? What shape do you want the diamond to be? Are you wanting any side stones or unique features? Possibly the most important question to your budget is whether you want a mined or Lab Grown Diamonds. There are pros and cons to each, but created diamonds almost always come at a lower cost and thus more carats for your budget.

How do I pick an engagement ring?

The options can be overwhelming! One of the main benefits of working with a private jeweler like The Diamond Room is our experts sit down and really get to know you and your situation to fit the perfect design to your partner.

We also suggest talking with close friends and family, checking your significant other’s social media, and talking directly with them about what their ideal ring is!

Should I insure my engagement ring?

One of the less talked about decisions that come with purchasing an engagement ring is whether to get insurance for it. Some of our clients’ wrestle with this question. The reality is you can’t predict the future, but you can prepare for life’s unexpected surprises. Insurance allows your mind to be at ease with your investment in an engagement ring for many reasons.

Why use a private jeweler?

A private jeweler, like The Diamond Room, can offer many benefits over a traditional retail store or chain. The most obvious is a personal touch and lifetime relationship where your jeweler really gets to know you, your needs, and can pair those with years of expertise to create your dream piece.

Aside from that, private jewelers carry less overhead and can offer more diamond for less!

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