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There is no one average cost for a three carat diamond ring. Rather, the cost will depend on many factors. These include but are not limited to the cut, clarity, color and overall quality of the stone, the material used to fabricate the setting and whether the ring features a three carat solitaire stone or a three carat total weight piece made up of many smaller stones. So a three carat total weight ring made up of many small, lower quality stones in a mass produced ten karat gold would be worth possibly $1000 or even less depending on the actual stone quality, while a flawless or nearly flawless three carat solitaire in an expensive cut and mounted in platinum could easily be priced at $20,000 and up.

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Q: What is the average cost of a 3 carat diamond ring?
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