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The Average Engagement Ring Costs Less Than You Might Expect

The Average Engagement Ring Costs Less Than You May Expect
Ellen Wallwork
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Tradition may suggest engagement rings should cost the equivalent of between one to three months of your salary, but prospective proposers will be pleasantly surprised to know that most people spend much less.

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The average amount spent on an engagement ring in the UK is £573.00, according to a survey of 2,000 by insurance brand Allianz.

However, one in five will get down on one knee to present a sparkler costing between £750 to over £3,000.

SEE ALSO:

The Vogue Guide to Choosing the Perfect Engagement Ring

Wedding Ring Tattoos Are The Most Rock 'N' Roll Marriage Trend

This Could Be The Biggest Engagement Ring Trend For 2016

Looking for inspiration? Check out some unusual designs in the gallery below or read our guide to the biggest engagement ring trend of 2016.

11 Unique Engagement Rings (list)
Anna Sheffield Hazeline Solitaire Ring(01 of11)
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£1,660 from AnnaSheffield.com

A classic style with a delicate silhouette, this timeless design is based on a ring belonging to designer Anna Sheffield's grandmother. This perfect 'heirloom-to-be' looks magnificent in 14ct rose & white gold, with a rainbow moonstone centre and small black diamond accents.
Anna Sheffield Bea Three Stone Ring(02 of11)
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£2,660 from AnnaSheffield.com

A dreamy emerald cut moonstone stone set in 14ct rose gold. Inverted set white diamond trillions on each side lead the eye from the perfectly proportioned center to the subtle knife edge band.
Pamela Love Luna Ring(03 of11)
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£1,900 from CatbirdNYC.com

The most magical ring around by NYC designer Pamela Love features opal set in 18ct yellow gold with added demi-pavé diamonds for maximum stardust sparkle.
Meadowlark Snake Bite Ring(04 of11)
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£6,535 from MeadowlarkJewellery.com

Want a ring with edge? You've found it! Two 18ct white gold snake heads wrap around the finger to bite the hexagon setting in which sits a brilliant white diamond.
Astley Clarke Morganite Tearoom Ring(05 of11)
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£1,490 from AstleyClarke.com

Paying homage to the golden age of glamour, this magnificent 14ct rose gold ring features a round cut morganite gemstone framed by white diamond pavé bezel resting on a tapered pavé diamond band.
Alex Monroe Wild Posy Twist Diamond Ring(06 of11)
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£2,280 from AlexMonroe.com

A series of three diamonds, sit nestled among posy flowers and tiny leaves on this 18ct yellow gold fine twist ring. Hand-crafted in the UK.
Tiffany Soleste Cushion(07 of11)
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£14,700 from Tiffany.co.uk

It wouldn't be a ring round-up without Tiffany. This ring is classically elegant with a cushion-cut white diamond encircled by a row of pink and white bead-set diamonds.
ManiaMania Ritual Solitaire Ring(08 of11)
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£2,325 from CatbirdNYC.com

A pear-shaped opal and a shimmering scattering of diamonds look heartbreakingly gorgeous in this 14ct yellow gold ring.
Catbird Serena The Swan Ring(09 of11)
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£3,720 from CatbirdNYC.com

Elegant and current, but with classic lines and proportions. This ring, with its rose and pear-cut diamonds set in a 14k white gold, looks set to be a modern classic.
Zoe & Morgan Aretha Engagement Ring(10 of11)
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Price on request from ZoeandMorgan.com

With a total of 52 diamonds, this 18ct yellow gold ring is a real showstopper. The octagon shape is a symbol of totality, while the hexagon top represents union and communication.
Anna Sheffield Elongated Rosette Ring(11 of11)
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£2,490 from AnnaSheffield.com

Perfect for the those wanting something a little bit different, but who still love delicate details. A mesmerising emerald is framed with a diamond halo on a dainty 14ct white gold band.
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