get married? Considering asking this question? Not in either camp but just love weddings? Chances are you’ve used social media to research your dream wedding. 62% of couples spend more time on social media after getting engaged, According to Forbes.and According to Pinterest, 40 million people use the platform as a guide when planning their wedding.but how much do they have flower on engagement ring?
Social media influences weddings more than ever, and that’s not true anywhere The impact is more pronounced than engagement rings. You’re probably wondering how much other people, influencers and celebs are spending on rings… so to help, we’ve put together some insights into how much people typically spend. Plus, you’ll find some of the latest Insta proposals, and how much they’ve blown the celebs’ minds.
Average Cost of an Engagement Ring
First, let’s talk about how much engagement rings typically cost. There’s no ultimate rule on what size ring to propose will get you down—it’s all about what you and your partner are looking for.
Some people choose the “three months’ salary” rule. Statista figures show the average monthly salary is £2,230, which equates to £6,690. Of course, this rule was instituted by diamond retailer De Beers as part of an ad campaign…
Are people spending less?
With the cost of living rising, it’s no surprise that the number of people willing to spend less on engagement rings is on the rise. indeed, Research from Truly found that spending on rings has dropped by 19% over the past decade.
With wedding expenses in line with the price of a loaf of bread, it’s no surprise that many couples decide to cut costs on rings, which are only meant to be worn for 18 months!
How much do celebrities spend?
Putting the real world aside, let’s take a look at how much celebrities spend on engagement rings!According to research from Engagement Ring Specialists – F Hindswhich is their cost.
J-Lo and Ben Affleck
Bennifer’s ring is perhaps one of the most notorious reunions of the decade, with the couple costing £6,000,000 in diamond-crushing prices – yet she only has to make 13 posts as she earns £482,073 per Instagram post You can earn that money back.
Britney Spears and Sam Asgari
Britney’s engagement ring is worth £57,500, which isn’t to be underestimated, but it only takes her 1 Instagram post to cover it – £0.63 to be exact.
Alexandria Ocasio-Cortez and Riley Roberts
It’s not just celebrities splashing out on engagement rings. Politician AOC’s ring costs £16,750 but like Britney just needs 1 post on her grid to recoup the cost.
What do you think is a good price to buy for an engagement ring? Let us know in the comments below.
