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Do Brits still spend three-months-worth of wages on an engagement ring? It seems this ‘unwritten rule’ is becoming a thing of the past…

Do you agree that an engagement ring should cost an average of three months’ worth of wages? Some says it’s been an unwritten rule for decades, and yet according to a new survey, these days people are actually spending less.

The report, which comes from online gift shop Hipper, revealed that the average Brit now spends £1,042 on an engagement ring, which is 0.57 times the monthly wage and equates to roughly 12 days work / 98 hours of pay.

It was also found that partners in specific cities are more generous than others, with those in Belfast being the biggest spenders, splashing out an average of £1,567. Gloucester then follows as the second most generous city, with an average spend of £1,350.50.

At the bottom was Norwich, who apparently fork out an average of £614.10 for a ring, while for Worcester, who placed second from bottom, came in at £675.50.

Engagement ring cost

Engagement ring cost

“We believe there is more and more pressure to splash out on an engagement ring,” said a spokesperson from Hipper. “And we think the three-times-monthly wage ‘rule’, which originated from an advert in the 1970s, should be banished. Engagement rings, like wedding rings, are personal; no one can tell you how much you spend.”

Do you think three-months’ worth of wages is still a reasonable cost for an engagement ring? We want to hear from you. Just hit ‘Like’ on our Wedding Ideas Facebook page, and ‘Follow’ on our @wimagazine Twitter account to join in the conversation.

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Natalie Keeler is a features writer and sub-editor for Wedding Ideas, and writes pieces for both the print editions and for the website. When she’s not compiling ideas for future issues and working on the magazine’s sister title, Baby, Natalie loves pulling together round-ups of dreamy honeymoon destinations, idyllic wedding venues and top bridal trends. She admits to being a bit of a Christmas fanatic and has happily taken charge of the office Secret Santa for the last two years; though did forget to bring her gift in on the correct day last year, which was a bit embarrassing. Follow Natalie on Instagram and Twitter…


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