The engagement ring usually involves a stone of some sort.
Wedding band vs engagement ring cost.
As with the wedding ring the wedding band is exchanged in front of family and friends at the ceremony.
But the wedding ring also packs some costs.
If the wedding ring band is channel set with diamonds then that cost goes up but usually for a solitaire engagement ring that is where the cost is incurred the diamond.
It s no news that engagement rings are pricier than wedding bands.
Our study found that the average cost of a female wedding band in 2019 is 1 100.
While the biggest jewelry cost is typically the engagement ring wedding bands are also a budgetary factor to consider.
Both the engagement ring and wedding band can be pricey items with costs varying widely depending on the type of metal you choose and whether or not you include gemstones and what their carat size is.
Meanwhile the average cost of a men s wedding band is 510.
As a result of this the wedding band is often far less costly than a wedding ring and almost always less expensive than the engagement ring.
That raises the price substantially.
The national average cost for wedding bands were a little different in that couples spent an average of 1 417 on the bride s band and an average of 558 on the groom s band which adds up to an average of 1 975 for both of the wedding bands.
The national average cost for an engagement ring was 5 855 in 2014.