A $40,000 diamond ring could be cheap for some while a $3,000 diamond ring could be expensive for someone else.

However, you can get a diamond ring to suit your budget.

Since most diamond ring settings are made with either gold or platinum both expensive minerals, the ring you get won’t necessarily be cheap but you can get affordable diamond engagement rings & even cheap diamond wedding rings.

You can also get a diamond discount when you shop online as the online jewelers have lower overheads.

To get a diamond ring that looks good but will not break the bank, you could go for gold as your setting of choice.

You could also decide to go for 9 Carat gold which is low quality gold.

Combine that with a low quality diamond with J-L color, Slightly included (SI) clarity or lower and you will get cheap diamond rings.

What Kinds of Diamond Ring Should I Consider Buying?

When buying a diamond ring, it’s important to consider the size of the diamond. The size of the diamond will determine how much light is reflected back.

Round cut diamonds are more popular than princess cut diamonds because they are easier to make and cost less money.

Round cut diamonds also have a larger surface area, so they reflect more light back than princess cut diamonds.

Different sizes of diamonds are available for purchase. The most popular sizes are half-carat, one-carat and two-carats.

It’s important to know that as the size of the diamond increases, so does its price tag.

You should aim for a G-H colored diamond as the yellow color of the gold will mask the yellow tint of the diamond.

This optical illusion works best on smaller diamonds but try to avoid it with big stones.

We have established that diamonds are rare so getting cheap diamond rings is not that easy. Having said that, cheap is relative.

If you really want to make a saving, consider a non diamond engagement ring. It will either be based around a gemstone, bone or even wood.

You are bound to get these pretty cheap.

As you get ready for the big day, it also worth considering a range of cheap diamond wedding rings which have smaller center & accent diamonds but could have higher quality.

What are the Pros and Cons of Buying a Diamond Ring Online?

Pros

The pros of buying a diamond ring online are the convenience and the affordability thus you can get a cheap diamond ring.

Online shopping for engagement & wedding rings is often quite convenient because they can be ordered and shipped quickly without needing to leave the house.

Diamond retailers offer a wide selection of high-quality and affordable products, so you have a variety of options to choose from.

The lack of interaction with professionals can also lead to more affordable choices for your ring and less expensive shipping costs.

Some people prefer to buy an engagement ring in person because you can feel the stone, see what it looks like from different angles, and make sure that it’s not damaged.

Cons

The cons of buying a diamond ring online are mainly the lack of experience with the retailer, the lack of interaction with professionals to guide you through your decision, and the inability to see and feel a real diamond.

The cons of buying a diamond ring online are that you might not know what you’re getting, and it’s hard to find the perfect ring just by looking at photos.

Diamond Rings | Cheap Rings