Lab-grown diamond rings typically cost 20-40% less than natural diamond rings of the same size and quality. For instance:
A 1-carat lab-grown diamond ring might range from $1,500 to $3,000, while a similar natural diamond ring could cost $3,000 to $5,000+.
A 2-carat lab-grown diamond ring averages $4,000-$6,000, compared to $8,000-$12,000 for a natural one.
For a show-stopping 3-carat lab-grown diamond ring, expect to pay $7,000-$10,000, versus $15,000+ for a mined diamond.
The price varies based on the 4Cs (carat, cut, clarity, color), just like natural diamonds. The savings with lab-grown options mean you can opt for a larger or higher-quality stone without breaking the bank, making them an affordable luxury choice.