Is 10,000 good for an engagement ring?

Yes, this is a healthy budget for an engagement ring. The rule of thumb used to be that an engagement ring should cost as much as three months’ salary. However, current averages have people spending $4,000 to $6,000 dollars on their engagement rings.

Yes, this is a healthy budget for an engagement ring. The rule of thumb used to be that an engagement ring should cost as much as three months’ salary. However, current averages have people spending $4,000 to $6,000 dollars on their engagement rings.