Diamond Prices: What You Need To Know - CreditDonkey

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Get the maximum bling for your buck. Know what aspects of a diamond you need to focus on and which ones you don't to get the best value on your engagement ring.

Don't Overpay. Learn About Diamond Pricing Before You Shop

Thinking about buying a diamond? You have probably got a set budget for the engagement ring. And your goal is to get the best, biggest, and shiniest diamond on that budget.

We're going to show you exactly how to do that.

Rule of thumb: A 1-carat diamond can cost as low as $2,000 and as high as $25,000. That means a middle-of-the-range diamond should be $11,000 - $12,000. Sounds simple, but that is overpaying. A good value, good quality 1 carat diamond should cost you around $4,500 - $6,000. We'll explain below.

Bottom Line: Save money on color and clarity. You just need an eye-clean (flaws are not visible) diamond. We recommend H color and VS2 clarity diamonds for the sweet spot.

You can find the best deals by comparing prices at the most popular online jewelers:

James Allen

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Brilliant Earth

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Shop for diamonds at Brilliant Earth, a CreditDonkey recommended partner for socially-responsible diamonds.

Blue Nile

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Get More Diamond for Your MoneyUncover expert tips & secrets to getting a bigger, better diamond for your dollar with our free guide.

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