Average Engagement Ring Cost Now Exceeds Ten Percent of Yearly Income
While the economy shows signs of an uneven recovery, and countless workers are still struggling to find full-time employment, the costs of taking a relationship to the next level seem to still be increasing. In 2011, the average cost for an engagement ring was $5200 according to XO Group's Engagement and Jewelry Survey. At the same time, per-capita personal income hovered at just around $41,560 on the national level.
View full press release