How much does an engagement ring cost?
Common wisdom tells us to spend two monthly salaries on an engagement ring. In the end, it is up to you to decide how much you will spend on this token of love. Keep in mind that this gift will hopefully last a lifetime. As a result, being too cheap may offend your significant other in one way or another. On the other hand, spending too much money on the diamond and a setting will limit your ability to afford other purchases.