Average Cost of a Wedding Ring 2024

Table could not be displayed.$6113 (includes the bride’s ring and band)

In 2024, the average cost of a wedding ring is between $5968-$6258.  This includes both the engagement ring and the traditional wedding band.

  • 73% of engagement rings are made from white gold
  • 1 in 5 brides actually selects their rings themselves.

$468 (for the groom)

In 2024, the average cost of a groom’s wedding ring is between $389-$547.

  • 1 in 4 grooms chooses tungsten as their metal.
  • Other popular metals are platinum, titanium and white gold.
  • The Groom’s Wedding Band: Men’s Rings 101

The center stone constitutes the most expensive part of a classic solitaire ring, accounting for as much as 85 percent of its price.

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