The holidays are also known as “Proposal Season,” since 37% of couples get engaged between Thanksgiving and New Year’s. And just in time, wedding site The Knot has released their annual Jewelry & Engagement Study. Some stats:
In 2017, the average engagement ring costs $6,351, up 25% since 2011.70% of grooms said they decided on the ring budget on their own.8% of grooms said they decided on the ring budget with their partner.29% of grooms said they spent more than they'd planned.70% of brides reported knowing how much their partner spent on the engagement ring.90% of brides said they were happy with how much their fiancé spent on the ring, 6% wish they'd spent more and 4% wish they'd spent less.33% of couples shopped for the ring together.
(PRNewswire)
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