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Average Engagement Ring Price Falls

Aug 9, 2016 7:58 AM   By Rapaport News
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RAPAPORT... The average price of an engagement ring in the U.S. fell slightly in the second quarter to $3,360, according to the latest data from The Wedding Report.

This represents a decline of 0.5 percent from $3,378, which was the average price in the first quarter, the report said. The average price of wedding bands also fell 0.5 percent over the same period to $1,246.

The cost of weddings also followed the downward trend, the average price slipping 0.4 percent to $26,519.
Tags: engagement, engagement rings, prices, Rapaport News, The Wedding Report, wedding bands, wedding rings
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