Average Cost of a Wedding Ring

How Much is a Wedding Ring?

A wedding ring can cost anywhere from under £100 to several thousand pounds, depending on the material, craftsmanship, and brand. A plain gold band is usually more affordable, while platinum or diamond-set wedding rings command higher prices.

The wide price range exists because wedding rings vary in thickness, metal purity, design complexity, and whether they include gemstones. In short — there is no fixed cost, but knowing your budget and priorities will help you find the right ring.

How Much Should I Spend on a Wedding Ring?

There’s no universal rule, but most couples in the UK spend between £300 and £1,200 on a wedding ring. The “three months’ salary” rule sometimes mentioned for engagement rings does not typically apply here.

When deciding your budget, consider:

• Metal type — Platinum is more expensive than gold, while titanium and tungsten are often cheaper.

• Design — Plain bands cost less than patterned or stone-set designs.

• Lifestyle — If you work with your hands, you may want to invest in a more durable metal.

Your wedding ring should be comfortable, durable, and reflect your style — without causing unnecessary financial stress.

The Average Price of a Wedding Ring in Different Countries

United Kingdom

Average spend: £300–£1,200 for a quality gold or platinum band.

United States

Average spend: $500–$1,500 (£400–£1,200), with many opting for custom designs.

Australia

Average spend: AUD $1,000–$2,000 (£500–£1,000), often with a focus on locally crafted pieces.

Japan

Average spend: ¥50,000–¥150,000 (£250–£750), with simple, understated designs being popular.

Cultural traditions and metal preferences influence these averages, but the quality-to-budget balance is a universal consideration.

Should the Engagement Ring Cost More Than the Wedding Ring?

In most cases, yes — engagement rings are often more expensive due to the size and quality of the centre stone, particularly if it’s a diamond.

Wedding rings are generally simpler and designed for everyday wear. However, if you choose a wedding ring with diamonds or intricate designs, the cost could rival or exceed that of an engagement ring.

Ultimately, it’s about personal preference and budget — not following a set financial ratio.

How Should I Pick the Right Ring?

Consider Metal Durability

Platinum is the most durable but comes at a premium. Gold (yellow, white, or rose) is a classic choice, available in 9ct, 14ct, or 18ct options. Tungsten and titanium offer affordability and strength.

Match or Complement Your Partner’s Ring

Some couples choose matching wedding rings, while others opt for complementary styles that reflect individual personalities.

Comfort Fit

Ensure the ring feels comfortable for long-term wear — try different profiles such as flat court or classic court.

Lifestyle Factors

If your work or hobbies are hands-on, choose a metal and setting that can withstand daily wear without damage.

Where Should I Buy a Wedding Ring?

• High-Street Jewellers — Ideal for seeing and trying on rings before purchase.

• Independent Designers — Offer bespoke designs for a personalised touch.

• Online Retailers — Often provide competitive prices and wide selections, but always check reviews and return policies.

Look for hallmarks on metal, certification for any diamonds or gemstones, and warranties for peace of mind.

Conclusion

The average cost of a wedding ring varies widely depending on material, design, and location, but in the UK, a budget of £300–£1,200 is common for a quality piece. The key is to find a wedding ring that suits your style, feels comfortable, and fits your budget.

A wedding ring is more than a piece of jewellery — it’s a daily symbol of your commitment. Choosing wisely ensures it will last as long as the promise it represents.

FAQ’s

What’s the cheapest metal for a wedding ring?
Titanium, tungsten, and stainless steel are generally the most affordable.

Do men’s and women’s wedding rings cost the same?
Not always. Men’s rings are often wider, which can make them slightly more expensive depending on the metal.

Is platinum worth the extra cost?
Yes, if you want exceptional durability and a naturally white finish that won’t fade over time.

Can I buy a wedding ring online safely?
Yes — provided you choose a reputable jeweller with clear return policies and certified materials.