How Much Should a One Carat Solitaire Cost?

Factors affecting a one-carat solitaire's cost include cut, color and clarity.

Cost Depends On Several Factors

A 1-carat diamond solitaire's cost depends on how it's been cut, its color (meaning how white it is), the stone's clarity (meaning how flawless it is), the type of metal used for the setting and the retailer you buy it from. Differences in these factors affect a ring's price by thousands of dollars.

Consider Your Budget

You want to be able to demonstrate your commitment to your fiancee without the purchase of a 1-carat diamond solitaire becoming a financial hardship. The two of you still have to pay for the upcoming wedding, as well as establishing your new home, in addition to buying the ring.

Bottom Line

Follow the two-month salary guideline for how much to spend on a 1-carat solitaire. While the DeBeers diamond company established that standard as a marketing campaign in the 1940s, the rule does set a reasonable standard for what you can afford on your salary.

References

• The Find: One Carat Diamond Solitaire Price
• Diamond Helpers: Diamond Quality
• Groom Groove: Diamond Engagement Ring Calculator