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Kate Middleton's engagement ring cost Â£28,000 when bought by Prince Charles for Diana in 1981. Kate Middleton's engagement ring cost Â£28,000 when it was bought by Prince Charles for the then Diana Spencer in February 1981. In today's prices the oval 18-carat blue sapphire surrounded by 14 diamonds would cost Â£85,000 - although Diana's is priceless.
$468 (for the groom) In 2013, the average cost of a groom's wedding ring is between $389-$547. 1  1 in 4 grooms choose tungsten as their metal. 2  Other popular metals are platinum, titanium and white gold.  The Groom's Wedding Band: Men's Rings 101.