Both the engagement ring and wedding band can be pricey items with costs varying widely depending on the type of metal you choose and whether or not you include gemstones and what their carat size is.
Wedding band vs engagement ring cost.
The national average cost for an engagement ring was 5 855 in 2014.
Meanwhile the average cost of a men s wedding band is 510.
As with the wedding ring the wedding band is exchanged in front of family and friends at the ceremony.
As a result of this the wedding band is often far less costly than a wedding ring and almost always less expensive than the engagement ring.
The average cost of wedding bands.
It s no news that engagement rings are pricier than wedding bands.
In 2019 the average price of a wedding for women is 1 100 while it costs 510 for men.
Your wedding can be a monumentally expensive life event and one of the most important costs comes from perhaps the smallest items involved in the entire to do.
But the wedding ring also packs some costs.
If the wedding ring band is channel set with diamonds then that cost goes up but usually for a solitaire engagement ring that is where the cost is incurred the diamond.
While the biggest jewelry cost is typically the engagement ring wedding bands are also a budgetary factor to consider.
That raises the price substantially.