How Much Does a Lab Diamond Engagement Ring Cost? (Updated 2023)
Last Updated on April 23, 2023 by LabGrownCarats
- Lab diamond engagement rings 101 – the diamond 4Cs
- The average cost for brilliant-cut lab diamond engagement rings
- Why choose a lab-grown diamond?
- Compare prices on other lab-grown diamond shapes
- Buying a lab-grown diamond engagement ring
- Where to buy lab-grown diamonds and jewelry
- Compare prices on other lab-grown diamond-carat weights
SALES ALERT! Save when you buy at our best-rated lab diamond jewelers:
The price of lab-grown diamond engagement rings can vary significantly depending on their grade and where they are purchased. For example, a 1-carat lab diamond engagement ring can cost anywhere between $800 and $4,000 based on its 4Cs and scarcity. Typically, a 1-carat lab diamond engagement ring with a popular round brilliant cut shape costs around $1-2,000, which is about 60-80% less expensive than a naturally-mined diamond.
If you’re interested in buying a lab-created diamond engagement ring, our comprehensive guide analyzes the price of lab diamond engagement rings. We review the costs from 6 of the best-priced websites for buying lab-created diamond engagement rings.
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:
- How to Buy a Lab-Grown Diamond Engagement Ring Online – The Ultimate Guide
- How to Buy a Colored Lab-Grown Diamond Engagement Ring
- The 6 Best Places to Buy Lab-Grown Diamond Engagement Rings Online
- List of the Best Lab Diamond Engagement Rings Sales
Lab diamond engagement rings 101 – the diamond 4Cs
Starting your diamond education with the 4Cs is fundamental. We recommend beginning with our lab-grown diamond guide. However, if you’re short on time or only interested in the price of a lab diamond engagement ring, feel free to skip ahead.
The 4Cs of diamonds (applicable to mined and lab diamonds alike) are:
If you need a quick refresher on lab-created diamonds, remember these three things:
- The primary feature of diamonds, particularly for all brilliant cut diamonds, is their sparkle. 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 0.96-carat lab diamond instead of a precisely 1.0-carat lab diamond engagement ring.
Next, let’s learn how much a lab-grown diamond engagement ring costs.
The average cost for brilliant-cut lab diamond engagement rings
We have gathered an exhaustive list of lab diamond engagement ring prices from our recommended lab-grown diamond retailers. These jewelers are, in our opinion, the best places to buy lab-created diamond engagement rings.
Our example engagement rings are set with lab-created round brilliant-cut diamonds, which is the most popular shape. If you want to see prices for other diamond shapes, then see the links to our other lab diamond price comparisons below.
The diamonds used for this lab diamond engagement ring price analysis have the following 4C grades:
- Carat weight: 1.0-5.0 (plus-minus a little)
- Cut grade: Excellent (GIA) or Ideal (IGI)
- Color grade: I-J (near colorless)
- Clarity grade: VS1-VS2
- Shape: Round Brilliant
- Origin: Lab-grown (of course)
While our example diamonds may not be the perfect fit for everyone’s particular needs, they are useful for indicating the price levels of some of the most popular (and recommended) quality ranges for engagement ring lab diamonds.
The prices below show the starting prices from each lab diamond jeweler, and they include the most affordable engagement ring setting available (typically a simple solitaire ring). So expect that the final price for your engagement ring could run higher depending on your ring choices. But the below prices are indicative of lab diamond engagement ring prices and how much cheaper lab diamonds are compared to mined diamond engagement rings!
| Lab diamond engagement ring prices | 1 carat | 2 carat | 3 carat | 4 carat | 5 carat |
|---|---|---|---|---|---|
| Ritani | $905 | $1460 | $2152 | $3681 | $4932 |
| Clean Origin | $1123 | $2048 | $2940 | $4029 | $5431 |
| With Clarity | $1388 | $2017 | $3048 | $4638 | $6333 |
| Grown Brilliance | $1155 | $2240 | $3700 | $5400 | $9150 |
| James Allen* | $1140 | $2790 | $6440 | $13650 | $16890 |
| Brilliant Earth* | $1810 | $3060 | $5190 | $9380 | $12750 |
All the above jewelers offer a vast collection of high-quality lab diamonds, provide outstanding shopping experiences, and exceptional customer service. Additionally, they have the most competitive prices for lab-grown diamond engagement rings. While prices vary a lot, the more expensive lab diamond jewelers above typically only list lab diamonds with a higher minimum quality (namely, Brilliant Earth and James Allen).
Why choose a lab-grown diamond?
Lab-grown diamond engagement rings can be 60-80% lower than rings with mined diamonds of comparable 4C grading. Moreover, if you search, you can sometimes find deals on lab-grown diamonds, which save you even more! To help you find them, we look for the best offers and sales on lab diamond engagement rings. Enter your email below to be alerted of lab-grown diamond discounts and sales.
Lab-grown diamond engagement rings offer several additional benefits over rings set with mined diamonds. In addition to being more affordable, they are also more eco-friendly and socially responsible. You can learn more about 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
Where to buy the best sustainable lab diamonds?
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 good option, but when comparing Brilliant Earth and Vrai, we found that Brilliant Earth is a better option for sustainable diamonds and diamonds in general (see our Vrai review). Pandora Brilliance also focuses on sustainability, as we detailed in our Pandora Brilliance review, but they don’t quite match up to Vrai or Brilliant Earth in terms of the shopping experience, quality, and prices.
Compare prices on other lab-grown diamond shapes
In the above overview of how much a lab diamond engagement ring costs, we focused on the most popular diamond shape, the brilliant round shape. However, if you want to learn how much other lab diamond shapes are when looking for an engagement ring, you can find these in our below price comparisons. We include all popular shapes, including oval, emerald, pear, princess, radiant, cushion, and the romantic heart diamond shape.
- Prices for ½-carat lab diamonds
- Prices for 3/4-carat lab diamonds
- Prices for 1-carat lab diamonds
- Prices for 2-carat lab diamonds
- Prices for 3-carat lab diamonds
- Prices for 4-carat lab diamonds
- Prices for a 5-carat lab diamond
- Prices for a 6-carat lab diamond
Buying a lab-grown diamond engagement ring
Lab diamond engagement rings are very popular due to their affordability and high quality. You can find lab diamond engagement rings in all sizes, shapes, and qualities. We recommend that you decide on the engagement ring design and pair it with a lab diamond from the inventory of jewelers’ loose diamond inventory.
This way, you can get the perfect lab diamond for your engagement ring and avoid the often lower-quality diamonds that jewelers use for pre-set engagement rings. All our recommended places for lab diamond engagement rings offer a large inventory of loose lab diamonds, so you can decide which exact diamond you want.
Learn how to find the perfect lab-grown diamond engagement ring and save!
6 recommended lab diamond engagement rings
Below are six examples of lab-grown diamond engagement rings where you can decide exactly which diamond you want to pair the rings with.
14K White Gold Sylvie Solitaire Ring
14K Rose Gold Petite Pavé Cathedral Engagement Ring from James Allen
Plain Band French-Set Halo Engagement Ring from Ritani
Waverly Diamond Engagement Ring
French-set diamond band engagement ring with radiant 3-carat lab diamond from Ritani
Badgley Mischka Near-Colorless 4-carat lab diamond engagement ring Hidden Halo Engagement Ring
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 engagement ring. 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 buy lab-created diamond engagement rings based on factors such as prices, selection, quality, sustainability, and shopping experience.
Our recommended best places to buy a lab diamond engagement ring
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 lab diamond engagement ring.
Clean Origin review ⭐⭐⭐⭐⭐
Clean Origin
Clean Origin is another of our favorite places to buy a lab diamond engagement ring. 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 lab diamond engagement rings 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 lab diamond engagement rings. 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 lab-grown diamond engagement rings with the loose lab diamond carat weights listed below:
