How Much Does a 5-Carat Lab Diamond Cost? (Updated 2023)
Last Updated on April 23, 2023 by LabGrownCarats
The cost of a diamond can vary significantly depending on its grade and the location of purchase. For instance, a lab-created diamond weighing 5 carats can cost anywhere between $5300 to $27000, based on its 4Cs and scarcity. Typically, a 5-carat lab-created diamond with a popular round brilliant cut shape costs about $6-8000, which is nearly 80% less expensive than a naturally-mined diamond.
SALES ALERT! Save when you buy at our best-rated lab diamond jewelers:
Our comprehensive guide analyzes the pricing of 5-carat lab diamonds, including round brilliant and fancy-shaped diamonds. We review the costs from six of the best-priced websites for buying lab-created diamonds.
Investing in a diamond is a significant decision, and it’s important to make an informed choice about selecting the appropriate stone and finding the best deal. To assist you, we have developed several guides that provide helpful tips and suggestions.
Begin your research by exploring our buying guides listed below:
- Guide to Buying a Lab-Grown Diamond – Top Tips to Saving and Getting a Better Diamond!
- How to Buy a Lab-Grown Diamond Engagement Ring Online
- 10 Tips to Save Money on a Lab-Grown Diamond Engagement Ring
The essentials – the diamond 4Cs
To start your education on diamonds, learning the 4Cs is fundamental. We suggest beginning with our guide on lab-grown diamonds. However, if you are short on time or solely interested in the pricing of a 5-carat lab diamond, feel free to skip ahead.
The 4Cs of diamonds (applicable to both mined and lab-grown diamonds) are:
If you need a quick refresher, remember these three things about lab-created diamonds:
- The primary feature of diamonds, particularly for all brilliant cut diamonds, is their brilliance. Although brilliance is not the most crucial factor for some fancy-shaped and fancy-colored lab diamonds, the diamond’s cut grade remains essential. Therefore, we always recommend prioritizing the cut grade over the diamond’s size when purchasing a lab-grown diamond.
- When assessing a diamond’s quality, size is not the most critical factor. Instead, the 4Cs of diamond quality, which are cut, clarity, color, and carat, should be prioritized in that order. First, look for the highest quality cut, followed by color and clarity grades, with carat weight being the least important.
- Whenever possible, opt for diamond weights that are slightly below the commonly sought-after sizes. Avoiding the round weights can result in significant cost savings without any noticeable difference. For example, you can choose a 4.89-carat diamond instead of a precisely 5.0-carat diamond.
We have compiled price information for 5-carat lab-created diamonds from the best online lab diamond sellers in 2023 to give you an estimate of their cost. Our example diamond is a lab-created round brilliant-cut diamond with the following 4C grades:
- Carat weight: 5.0 (plus-minus a little)
- Cut grade: Excellent (GIA) or Ideal (IGI)
- Color grade: I-J
- Clarity grade: VS1-VS2
- Shape: Round Brilliant
- Origin: Lab-grown (always)
While our example diamond may not be the perfect fit for everyone, it provides a useful idea of how to differentiate between the 4C attributes of diamonds.
The average cost for a 5-carat brilliant-cut lab diamond
We have gathered a comprehensive list of 5-carat lab-created diamond prices from our recommended lab-grown diamond retailers. These jewelers are, in our opinion, the best places to buy lab-grown diamonds and are also the best places to buy lab-created diamond engagement rings.
They all have an extensive collection of high-quality diamonds, provide excellent shopping experiences, and offer exceptional customer service. Additionally, they offer the most competitive prices for lab-grown diamonds.
| Lab diamond jeweler | Price for a 5-carat lab diamond |
|---|---|
| Ritani | $5257-8168 |
| Clean Origin | $4831-7436 |
| With Clarity | $5723-11430 |
| Grown Brilliance | $9320-11850 |
| Brilliant Earth | $11900-16360* ** |
| James Allen | $19660-26840** |
**Note that Brilliant Earth and James Allen prices are for higher-quality diamonds because their minimum quality is higher than our reference minimums.
Cost of 5-carat fancy-shaped lab diamonds
Lab-grown diamonds are available in various shapes and sizes, with the round brilliant cut being the most popular. However, there are numerous other shapes of lab-created diamonds, collectively known as fancy shapes, which refer to any shape other than the round brilliant. In our lab-grown diamond shape guide, we explained how each shape has its unique beauty, advantages, and disadvantages.
While some lab-grown diamond shapes, like the heart shape, may be more expensive than the round brilliant cut, others, such as the emerald shape, can be more affordable. To help you compare the costs of the most popular fancy shapes, we have compiled the average price of all 5-carat fancy-shaped lab-grown diamonds.
As fancy-shaped diamonds are evaluated differently and have less strict cut grading compared to round brilliants, we have adjusted the ranges below. Specifically, the cut rating now includes “very good,” which would not be acceptable for a brilliant round cut.
- Carat weight: 5.0 (plus-minus a little)
- Cut grade: Very Good, Excellent, or Ideal (usually not independently graded)
- Color grade: I-J
- Clarity grade: VS1-VS2
- Shape: Fancy-shapes
- Origin: Lab-grown
Note that the below prices are starting prices and increase with quality. But, they provide an indication of the price range, and all diamonds will have at least the specifications listed.
**Note that Brilliant Earth and James Allen prices are for higher-quality diamonds because their minimum quality is higher than our reference minimums.
We have gathered the prices for 5-carat lab-grown diamonds from our preferred vendors for lab-grown diamonds, who provide the highest quality, most affordable prices, and excellent shopping experiences.
Why choose a lab-grown diamond?
Lab-grown diamonds can be 60-80% lower than mined diamonds of comparable 4C grading. Moreover, lab-grown diamond deals can provide further savings. Our team consistently monitors the market to identify when diamond vendors offer special deals or discounts. Enter your email below to receive alerts of new lab-grown diamond discounts.
Lab-grown diamonds offer several benefits over mined diamonds. Apart from being more affordable, they are also eco-friendly and socially responsible. You can gain more insight into these advantages by reading the following articles:
- Why lab-grown diamonds are the sustainable, environmentally, and ethical diamond choice
- What You Need To Know Before Buying a Lab-Grown Diamond
If you are looking for sustainable diamonds, Brilliant Earth is one of the best places to buy sustainable and climate-neutral lab-grown diamonds. In our Brilliant Earth review, we gave them a top rating for their commitment to sustainability, quality, and affordability!
Vrai is another option, but when comparing Brilliant Earth and Vrai, we found that Brilliant Earth is the best choice for sustainable diamonds (see our Vrai review). Pandora Brilliance, too, focuses on sustainability, as we detailed in our Pandora Brilliance review, but they don’t quite match up to Vrai or Brilliant Earth.
Three 5-carat lab diamond ring examples
5-carat lab-grown diamonds are fairly rare, and for the same reason, you don’t find too many jewelry pieces featuring 5-carat lab diamonds. But, if you search for or build your own jewelry, you should be able to buy a 5-carat lab-grown diamond jewelry piece. And, if you search at one of our below-recommended places, chances are you’ll get a fantastic deal.
Hidden Accent Diamond Band Engagement Ring from Ritani
Badgley Mischka Near-Colorless 5-carat Round Lab Grown Diamond Hidden Halo Engagement Ring
14K Rose Gold Petite Pavé Cathedral Engagement Ring from James Allen
Where to buy lab-grown diamonds and jewelry
At LabGrownCarats.com, we publish reviews of lab-grown diamond jewelers to help you in your search for the perfect lab diamond or lab diamond jewelry. We also share comparisons of the best lab diamond jewelers if you are unable to decide. The following list shows our recommendations for the best places to purchase a 5-carat lab diamond based on factors such as prices, selection, quality, sustainability, and shopping experience.
Our recommended best places to buy a 5-carat lab diamond
Ritani review ⭐⭐⭐⭐⭐
Ritani
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 a 5-carat lab-grown diamond.
Clean Origin review ⭐⭐⭐⭐⭐
Clean Origin
Clean Origin is another of our favorite places to buy a 5-carat lab diamond. We recommend Clean Origin for its unbeatable prices, 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 5-carat lab diamonds below.
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 5-carat lab diamonds. Their service is top-notch, prices are low, and the quality and craftsmanship are superb.
Compare prices on other lab-grown diamond-carat weights
We have listed the prices of lab-grown diamonds for the most in-demand carat weights. You can compare the prices of 5-carat lab-grown diamonds with the carat weights listed below:
- Prices for a ½-carat lab diamond
- Prices for a 3/4-carat lab diamond
- Prices for a 1-carat lab diamond
- Prices for a 1.5-carat lab diamond
- Prices for a 2-carat lab diamond
- Prices for a 3-carat lab diamond
- Prices for a 4-carat lab diamond
- Prices for a 6-carat lab diamond
- Prices for a lab diamond engagement ring
