How Much Is The Average Wedding Ring Uk
Unless they keep a secret wedding ring collage on pinterest or you re buddies with their best friend it can be a tricky one to figure out.
How much is the average wedding ring uk. The data in the report shows that the current average cost of a wedding in the u k is now 16 005 compared to last year s average cost of 15 171. Hidden wedding costs you need to know about. The average uk man spends 1 471 on an. A plain 9ct white gold wedding ring will cost between 150 for a 0 5 cm band to 400 for a 0 7 cm band.
Others say your ring s price should be in accordance with the national average spend however spending two months salary is not a realistic option for everyone and national newspapers have reported the national spend on diamond rings to range anywhere from 568 to 4 000. The average cost of an engagement ring in the uk the report found people on average spend a massive 1865 on an engagement ring in the uk. The variation in price is due to the amount of gold used to create the ring as well as the strength of the gold with 9ct or 18ct rings being the most popular and durable option. If the costs of both the engagement ring and honeymoon are also included the average cost of a u k wedding is 20 731 which is also an increase on last year s average of 19 893.
468 for the groom. According to refinery 29 a new study by jewellery insurer protect your bubble has revealed that couples in the uk are spending 19 less on engagement rings an average of 1 080 than they did. In 2020 the average cost of a wedding ring is between 5968 6258. This includes both the engagement ring and the traditional wedding band.
In 2016 the average wedding spend was 25 090 meaning the cost of weddings has rocketed by more than 7 000 over the last two years. 73 of engagement rings are made from white gold. Bust the price myths. Let s see how the 2016 spend broke.
That s a much bigger leap than the previous two years the average wedding cost in the uk in 2014 was 20 799. While this is still a significant amount it s dramatically lower than the average 3 month salary in the uk 7650. 1 in 5 brides actually selects their rings themselves.