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How Much Should You Spend on an Engagement Ring? West Michigan Edition: Ring Prices in Grand Rapids, Holland & Hudsonville

How much should you spend on an engagement ring in Michigan?

If you’re living in or around Grand Rapids, Holland, or Hudsonville, you’ve come to the right ring people for answers.

At Jensen Jewelers in Hudsonville, we’ve guided thousands of local couples through the exciting process of choosing the perfect engagement ring. If you want smooth sailing, this guide will walk you through realistic price ranges, the factors that impact cost, and how to make a smart, meaningful purchase that fits your love story and budget.

Knowing How Much to Spend on an Engagement Ring Requires Understanding Real Value

How much should an engagement ring cost, anyway? Let’s start with this: there’s no “correct” number when it comes to how much to spend on an engagement ring.

The old “three months’ salary” advice we’ve heard about for years is a marketing myth, not a practical guideline. What matters most is choosing a ring that reflects your commitment and works for your financial situation.

As a guideline, how much is the average engagement ring in West Michigan? Couples typically spend between $3,000 and $7,000 on a quality engagement ring. The average engagement ring price at Jensen Jewelers lands around $4,000.

Whether you’re getting on one knee in downtown Grand Rapids, amid the lakeshore charm of Holland, or from our hometown of Hudsonville, it’s your special moment. Think about what’s right for you two and the future you’ll share.

How Much Are Engagement Rings? Factors that Affect Ring Cost

How much should you spend on an engagement ring in Michigan? Here are some considerations.

1. The Diamond or Center Stone

This is the main cost driver, and the Four Cs — cut, color, clarity, and carats — determine a diamond’s beauty and price. So, how much do engagement rings cost? Most one-carat natural diamonds range between $4,000 and $10,000.

We have an amazing array of cuts and qualities, including classic oval engagement rings and emerald cut engagement rings. You can expect to spend up to 40% less for a lab-grown diamond of identical beauty.

2. The Ring Setting

How much are engagement rings in general? Classic solitaire settings generally start at around $500. More elaborate halos or vintage settings add $1,000 or more.

Why not ask about our custom engagement rings for something truly unique? We produce handmade perfection in a virtually unlimited range of styles, including gorgeous bezel set engagement rings.

3. Metal Choice

Lastly, understand that platinum is more expensive than white, yellow, or rose gold options. We’ve been seeing a resurgence in the popularity of 14K yellow gold in Michigan, so this remains a classic and affordable choice if cost is a factor for you.

Exactly How Much Should You Spend on an Engagement Ring in Michigan?

Here are the typical price ranges we see every day in our Hudsonville showroom:

  • $1,000 to $2,500: A beautiful lab-grown diamond in a timeless setting.
  • $2,500 to $5,000: A larger center stone, more intricate design, or natural diamond.
  • $5,000+: Larger natural stones, luxury metals like platinum, or fully custom rings.

Still asking, “How much should you spend on an engagement ring in Michigan?” Remember, it’s about finding that perfect balance between meaning and money.

Busting the Myths: How Much Do Engagement Rings Cost On Average?

National surveys peg the average engagement ring price at around $6,500. In Michigan, some sources estimate closer to $8,500, but at Jensen Jewelers, we’ve noted the average is about $4,000.

Why the difference? We’re not a chain.

At Jensen Jewelers, we price our rings to give you the best value in West Michigan – guaranteed. From Hudsonville and Grandville to Holland and Grand Rapids, our clients appreciate quality and craftsmanship without unnecessary markups. If you’re looking for affordable engagement rings, we’re your trusted local choice.

Comparing Options Online vs. In-Store Ring Shopping

Online retailers seem convenient, but like any shopping done online, there’s a tradeoff: You can’t feel the ring. You can’t talk to a trusted expert face-to-face. You also miss out on a truly personalized experience, which is a pity on a very personal possession you want to treasure forever!

That’s why at Jensen Jewelers, we create a boutique-style experience right here in Hudsonville. It’s personal, fun, and relaxed, so it feels like shopping with a friend who knows everything about diamonds. You also get to try on rings from one of the largest engagement ring selections in West Michigan!

How Much Is the Average Engagement Ring On a Budget?

Getting a fair price for engagement rings depends on what you value. Do you or your partner love sparkle but not the price tag of a natural diamond? Lab-grown stones offer incredible, perfect brilliance for less.

Are you into vintage? A custom or heirloom-style ring could be perfect – and budget-friendly. Either way, we’re here to help you understand your options and make a confident choice.

With us, there is zero pressure and upsell. Our only goal at Jensen Jewelers is to match you with the perfect ring for your taste and budget. Check out our financing options for flexible, interest-free plans, as well.

How Much Should You Spend on an Engagement Ring in Michigan? Final Thoughts

Where are the best places to buy rings in Grand Rapids, Holland, or Hudsonville? Here’s why couples drive to Jensen Jewelers from all over the region:

  • We’re not just local; we’re trusted as the highest-reviewed jeweler in Michigan.
  • We guarantee the best price on lab-grown diamonds across the region.
  • We make your ring selection or design process feel exciting and personal.

Whether you want something classic, one-of-a-kind, or that represents great value in West Michigan, we aim to make things joyful and stress-free! How much should you spend on an engagement ring in Michigan? Ultimately, your answer depends on your relationship, priorities, and financial goals, so do what feels beautiful to you!

About Dan Jensen

Dan Jensen is the owner & president of Jensen Jewelers and Jensen Estate Buyers, with over 33 years of experience in the jewelry industry. A certified graduate of the Gemological Institute of America (GIA) in Diamond Grading, Dan has appraised and inspected more than 10,000 diamonds throughout his career. He is a member of the Independent Jewelers Organization (IJO), and his commitment to excellence has earned him the City of Hudsonville Leadership Award from the Hudsonville Chamber of Commerce. Dan is known for his deep industry knowledge, integrity, and dedication to helping customers make confident, informed decisions—whether they're buying an engagement ring or buying and selling gold, silver, and jewelry.

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