We’ve all heard the old “rules of thumb” when it comes to how much you should spend on that engagement ring – two times your monthly salary…three times your monthly salary…

Which monthly income number do you count? After taxes, before taxes?

How is anyone supposed to make sense of it all? …that’s kind of the point, you’re not.

The answer to this question differs from person to person. We, at Erik Runyan Jewelers, believe that you should spend an amount that you’re comfortable with – there’s no limit or minimum. Your love for your significant other isn’t defined by the dollar amount, but rather by the symbolism of the ring - choosing to spend the rest of your lives together.

All the mushy-gushy stuff aside, we know you still want to see some numbers.

According to Business Insider, in 2019 the average American will spend $6,324 on an engagement ring.

While the “Four Cs” of a diamond will significantly vary that average price, Erik Runyan Jewelers finds that number of just over $6,000 to be a fair representation of the average spend we see with our clients.

At our store, we carry a wide variety of engagement ring options ranging from $1,000 to $50,000, and beyond. Our expert staff work with clients every day to find the perfect ring that’s within budget and we’re proud to say that we rarely, if ever, disappoint!

Curious as to what state within the U.S. spends most, on average, for an engagement ring? Its California, with a whopping average spend per ring of $9,809.

Don’t let the numbers deter you; come to the corner of 5th and Main St. in downtown Vancouver and let us work with you to find the perfect ring.