2-Carat Lab Diamond Prices—How Much Are They and How To Save

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Prices for 2-carat lab-grown diamonds vary greatly depending on the grade of the stone and where it is purchased. They can cost as little as $1000 or as much as $7500 (or more). Diamond prices are all about the diamond’s 4Cs and rarety.

The brilliant-cut shape is one of the most popular and a great reference for how much 2-carat lab diamonds cost. Our price analysis shows that, on average, it costs roughly $1500. That is up to 89% cheaper than a mined equivalent!

How much does a 2-carat lab-grown diamond cost?

An excellent-quality 2-carat lab-grown diamond costs around $1500-$ 1800 in July 2024. That is up to 89% less than a mined diamond! However, 2-carat lab diamond prices range from $1000 to $7500, depending on the quality.

In this guide, we compare prices for both round brilliant lab diamonds and fancy-shaped diamonds. We have sourced prices from six of the cheapest sites to buy lab-created diamonds so you can get the best diamond price.

The cheapest places to buy a 2-carat lab-grown diamond

Purchasing a diamond is a significant investment, and it is critical to understand how to select the best stone and where to obtain the best value for your money. That’s why we’ve created several tutorials to assist our readers.

We recommend getting started by reading our popular buying guides below:

Understanding Diamond Prices

The first thing you should know about diamonds is the 4Cs. We suggest that you start with our introduction to lab-grown diamonds. But, if you are in a rush or want to know how much a 2-carat lab diamond costs, you can skip ahead.

In short, the (lab) diamond 4Cs are:

If you need a quick diamond-buying refresher, keep these three things in mind:

  • First, you should know that diamonds are all about brilliance, and diamonds are distinguished by their radiance, especially when it comes to all brilliant cut diamonds. Some fancy-shaped and fancy-colored diamonds do not sparkle in the same way, e.g., emerald-shaped or black diamonds. But, regardless of shape and color, if you only remember one thing, make it this: always go for the best diamond cut grade possible! Always prioritize brilliance higher than size.
  • Remember, it’s not the size that matters most regarding diamond quality. When determining the quality of a diamond, the 4Cs of diamond quality—cut, clarity, color, and carat—should all be considered in that order. So, first, aim for the best cut possible, then color and clarity grades, and carat weight last.
  • If possible, go just below the popular weights. Bypassing round weights can save you a lot of money, and the best thing is that no one will be able to notice the difference. So choose a 1.93ct instead of a diamond that weighs exactly 2.0 carat, for example.

How We Researched Diamond Prices

To give you an idea of the prices of 2-carat lab-grown diamonds, we have compiled prices from the best online diamond retailers in 2024. Our reference diamond is a round brilliant-cut lab-grown diamond with the following 4C grades:

Our reference diamond is not necessarily the best for you, but it indicates how to choose between the diamond 4Cs.

July 2024 Prices for 2-Carat Lab-Grown Diamonds

The costs for a 2-carat lab diamond from our top-rated lab diamond jewelers are listed below. In our opinion, they are the most prominent places to purchase lab-grown diamonds and best for lab-created diamond engagement rings. They have the best selection of high-quality diamonds and provide the best shopping and customer service experiences. And, perhaps most crucially, they have the most affordable lab-grown diamonds!

Lab diamond jewelerPrice for a 2-carat lab diamond
Clean Origin$1540-2662
With Clarity$1550-4904
Grown Brilliance$1870-3615
James Allen$2460-5860
Brilliant Earth$2500- 7620*
Prices for 2-carat lab diamonds collected during July 2024.

Prices are accurate at the time of writing
*Includes 100% sustainable diamonds.

July 2024 Prices for 2-Carat Fancy-Shaped Lab Diamonds

Diamonds created in laboratories come in a variety of forms and sizes. While the brilliant-cut round diamond is the most popular, many different lab diamond shapes exist. Fancy shapes, sometimes called fancy cuts, are any shape other than round brilliant. As discussed in our guide to lab diamond shapes, each has unique beauty, advantages, and disadvantages.

Like heart-shaped lab diamonds, some shapes are more expensive than round brilliant, while others, such as radiant-shaped, are less expensive. To assist you in comparing the pricing of the most popular fancy-shaped lab diamonds, we have compiled the average price of all 2-carat fancy-shaped lab diamonds.

Because fancy-shaped diamonds are evaluated slightly differently, and cut grading is not as stringent as with round brilliants, we have revised the ranges below. Most notably, the cut rating includes very good, which we would never allow for a brilliant round cut.

All the prices below are starting prices and go higher. But they give you an idea of the price range, and all will have at least the minimum specifications above.

Prices are accurate at the time of writing.
*Cut grade fancy
**Higher than minimum grades

Note that Brilliant Earth and James Allen prices are for higher-quality diamonds since their minimum quality exceeds our above reference range.

All prices for 2-carat lab-grown diamonds are from our best-rated places to buy lab diamonds, where you’ll find the lowest prices, highest quality, and best shopping experience.

Why Choose a Lab-Grown Diamond?

To begin with, lab diamonds are up to 60-80% less expensive than their mined counterparts with identical diamond 4C grading. And if you’re lucky, you could save even more money with lab-grown diamond deals. We monitor the market closely and are the first to know when diamond sellers announce specials or bargains. Sign up below to be notified of new lab-grown diamond discounts.

Additionally, it is not just the lower pricing that makes lab-created diamonds superior to mined diamonds. They are also more environmentally friendly and have a more positive impact on society. You may find out a lot more about it in the following articles:

Sustainable 2-Carat Lab Diamond Prices

Lab-grown diamonds are the best choice if you’re looking for ethical and sustainable options. But for complete sustainability, you may consider lab-grown diamonds made with renewable energy, set in recycled metal, and packaged in sustainable materials. It’s worth noting that prices for sustainable lab diamonds are typically 30-40% higher than those of other lab-grown diamonds.

One of the best places to buy sustainable and zero-emission lab-grown diamonds is Brilliant Earth (read our Brilliant Earth review). Another option is Vrai, but as you can read in our comparison between Brilliant Earth and Vrai, we find that Vrai is not as good (see also our review of Vrai).

Pandora, too, focuses on sustainability, as you can read in our Pandora Diamonds review, but they do not quite live up to Vrai or Brilliant Earth.

Three 2-Carat Lab Diamond Rings

Numerous styles of jewelry set with a 2-carat lab-grown diamond are available. The rings shown below all feature a 2-carat lab diamond. From traditional to contemporary engagement ring settings, a 2-carat lab diamond is an excellent choice for a lab-grown diamond engagement ring or a lab-grown diamond anniversary ring.

Where to Buy Lab-Grown Diamonds

At LabGrownCarats.com, we evaluate sellers of lab-grown diamonds to help you find the perfect lab diamonds and jewelry. We also compare the best lab diamond jewelers in our lab diamond jeweler comparisons.

Below are our recommended places to buy a 2-carat lab diamond based on prices, inventory, quality, sustainability, and shopping experience.

Ritani review ⭐⭐⭐⭐⭐

Ritani tops our list of the best places to buy lab-grown diamonds because of their market-leading low prices and price transparency, the most extensive inventory of lab diamonds, customization options, and jewelry store partnership. That makes Ritani one of the best places to buy lab-grown diamonds.

Ritani is the cheapest places to buy lab-grown diamonds.
Clean Origin is another of the best places to buy a 2-carat lab-created diamond.
Clean Origin review ⭐⭐⭐⭐⭐
Clean Origin

Clean Origin is another of our favorite places to buy lab diamonds. We recommend Clean Origin for its unbeatable prices, a vast selection of lab-grown diamonds and jewelry, and excellent support (plus 100-day risk-free returns).

Brilliant Earth review ⭐⭐⭐⭐⭐
Brilliant Earth

Brilliant Earth is the leading sustainable lab-grown diamond jeweler. Their deep commitment to sustainability, including being the only seller of sustainable graded lab diamonds, sets them apart. See all their 2-carat lab diamonds below.

Brilliant Earth is one of the best places to buy lab-created diamonds.
James Allen is one of the best places to buy lab-created diamonds.
James Allen review ⭐⭐⭐⭐⭐
James Allen

James Allen is one of our best-rated places to buy lab-grown diamonds overall and one of the best for premium lab diamonds. Their service is top-notch, prices are low, and the quality and craftsmanship are superb.

Compare Prices of Other Lab-Grown Diamond Carat Weights

We compile and list prices for the most popular lab-grown diamond carat weights. Compare the prices for 2-carat lab-grown diamonds with the below-listed carat weights.

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Klaus T
Klaus T

At LabGrownCarats.com, Klaus is responsible for everything related to diamond analysis and valuations, the financial aspects of diamond buying, and the impact of diamond mining vs. creating diamonds in the laboratory.

Klaus possesses a profound interest and expertise in diamonds, particularly lab-grown diamonds, and has worked with diamond and lab diamond analysis and valuation for many years. Klaus is an expert in diamond prices and valuation, the investment side of diamonds, and the economic development impact of diamond mining.

Klaus is an ex-diplomat, economic development expert, ex-Googler, and start-up founder. He has 15+ years of expertise in economic development, trade, and resource extraction, and he has worked with the impact of mining on societies and the environment. He is an expert on how resources, such as gold and diamonds and diamond mining, impact communities and exporting countries, and he has worked with the UN, the World Bank, the African Union, the African Development Bank, etc. Klaus later shifted focus to work with data analysis, marketing technology, measurement, and analytics, including 7+ years at Google.

Please contact Klaus if you are looking for data and analysis related to lab-grown diamonds or if you have questions about the economic impact of diamond mining and the shift to creating diamonds in the laboratory.

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