In response to a survey from the Knot.
Engagement rings: They are a large deal.
And so they’re additionally an enormous enterprise. In 2012, US couples spent around $11 billion on engagement and wedding rings.
Marriage ceremony web site the Knot recently surveyed 14,000 users to find out their engagement ring habits, and got here up with a shocking array of knowledge.
Among the many knowledge: People tend to spend around 3 1/2 months looking for an engagement ring, and the preferred rings are round-cut stones.
Maybe most surprisingly, the average engagement ring now costs $6,351.
And most of the people have a look at at least two dozen rings before settling on the one they want to propose with. So many rings!
Business Insider partnered with jeweler Ritani to find out the place essentially the most and least costly rings are bought.
Utahns spent the least on rings, averaging $three,518 per sparkly bauble.
Whereas Californians spent essentially the most — averaging $10,241 per ring.
Different states on the decrease finish embody Vermont ($three,941), South Dakota ($four,832), and Minnesota ($5,630).
States that spent extra on common included Massachusetts ($eight,426), North Carolina ($9,225), and Wisconsin ($eight,766).