How Much To Spend On Wedding Ring Salary

But there are also some big decisions to make.

How much to spend on wedding ring salary. 2142020 For those earning 61937 the US. Its can also be smart to figure the cost of an engagement ring into your total wedding costs Lee says. For some these numbers might happen to follow the rule.

Median household income thats about 3000. According to a 2017 study by Ebates almost half of men and women in the US. 472020 If you want to spend 50000 on a ring and you can afford it also great.

Some people prefer a ring that was passed down from their mother. But for others it makes little financial sense. Traditionally an engagement ring costs 3 months salary whereas nowadays the average price of a UK engagement ring is 1471.

If for example you are making 60000 per year you should spend 10000 on the engagement ring. In fact 11 of ring shoppers are spending under 1000. Given that the average engagement ring is lower than the average monthly salary a wedding ring certainly shouldnt exceed that.

You should spend 2-3 months salary on an engagement ring. 1122021 The average engagement ring is 7750 and the average wedding ring is 1126. If you make 60000 per year you should spend 10k to 15k.

Actually the normal sum spent on a wedding band is pushed upwards by enormous spenders including individuals who burn through 20000 or more on their ring. But in the reverse that may be an extravagance he cant deal with. Ad Wedding Ring How Much - This Is What Youre Searching For.