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Why Engagement Rings Are More Expensive Than Wedding Rings

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Wedding rings and engagement rings both symbolize the bond and promise of marriage, but they are very different when it comes to tradition and cost. Depending on the style, design, and material used, your rings could drastically differ in price. On average, people spend between $3,000 and $10,000 for their engagement ring alone. But there are a few main reasons why one is so much more expensive than the other. What’s the difference? Both rings have a long history, but they have completely different meanings. While the wedding band is typically used during the ceremony to signify the official bond of marriage, the engagement ring is typically given during the proposal and worn prior to the main event. If you’re planning on tying the knot, your engagement ring serves as your announcement to the world. For this reason, many people choose to prioritize the engagement ring over the wedding band when they’re building their budget. Since the wedding bands are usually not exchanged until the day of, you can also expect to wear your engagement ring for a longer amount of time. All materials are not created equal In most cases, the design for an engagement ring is built around […]